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.

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First Tidal Acquisition Corp

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Post by stock_for_goldon Aug 25, 2012 11:59am

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Post# 20259907

I really like this part of pdf.

Allana, with advisor BNP Paribas, has already put together over $600 million
in soft commitments for debt financing from a group of development financing
institutions and export credit agencies.The full bankable feasibility study being
undertaken by German explorationconsulting company ERCOSPLAN will be
finished by the end of this year, and once that has been analysed the funding will be
firmed up. Kelertas also expects to have a couple of offtake agreements signed up by then, too, and Allana’s two anchor partners, Liberty Minerals & Mining and The International Finance Corp (IFC - a
subsidiary of the World Bank) will also confirm their pro rata Water well drilling share of debt and
“We do not have to build expensive evaporators as you do in cooler pa rts
of the world”equity financing, so construction of the mine could start in the first half of 2013.