TSXV:AAA.P - Post by User
Post by
discern1on Jan 10, 2012 4:31pm
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Post# 19388117
Halted because of a bought deal
Halted because of a bought deal Allana Potash Corp. (TSX:AAA) ("Allana" or "the Company"), is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Dundee Securities Ltd., and including National Bank Financial Inc., Cormark Securities Inc., Macquarie Capital Markets Canada Ltd., and Fraser Mackenzie Limited (the "Underwriters"), to purchase 25,000,000 common shares of the Company (the "Common Shares") at a price of
.80 per Common Share for gross proceeds of $20,000,000 on a bought deal basis (the "Offering").