First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.

TSXV:AAA.P - Post by User

First Tidal Acquisition Corp

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Comment by bob-ten1on Mar 27, 2012 4:01pm

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Post# 19724549

Liberty was in at .51

Nov 30, 2010

ALLANA POTASH CORP. CLOSES $12.39 MILLION PRIVATE PLACEMENT WITH STRATEGIC INVESTOR

Not for dissemination in the United States or through U.S. newswires

For Immediate Release: November 30, 2010

ALLANA POTASH CORP. CLOSES $12.39 MILLION PRIVATE PLACEMENT WITH STRATEGIC INVESTOR

Toronto, Ontario, November 30, 2010 -- Allana Potash Corp. (TSX-V: AAA) ("Allana" or the "Company"), is pleased to announce that it has closed a non-brokered private placement of 24,300,000 common shares (the "Common Shares") at a price of
.51 per Common Share (the "Offering Price") for gross proceeds of CAD$12,393,000 pursuant to the TSX Venture Exchange's expedited filing system (the "Offering").

Farhad Abasov, President and CEO of Allana, commented: "We are very pleased to close the strategic financing with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Group. This financing has allowed us to raise a substantial amount of equity capital at an attractive cost and will fully finance our Ethiopian potash project through the completion of the exploration program and bankable feasibility study. We continue to receive considerable interest from various organizations regarding our Ethiopian potash project and we are free to continue these discussions from a strong position, knowing that we are well financed through the completion of a bankable feasibility study. It is very important to note that LMM is a long-term investor who is committed to assisting Allana when our Company enters the mine construction stage. I would like to welcome Ms. Diana Walters, the President of LMM, to Allana's board. Diana will bring a wealth of experience in equity and debt financing to our potash project."