WESTERN POTASH CORP T.WPX

RE: RE: RE: PP here. Now lets move on

[boredhousewife]

JMHO the fact they choose not a big financing and a non brokerage placement makes me think they are confident enough to know they have something in the pocket already.. A non brokerage placement has it's advantages..Just a thought.

Non-Brokered Private Placement

• Non-brokered private placement takes on most of the characteristics of a traditional private placement. The only major difference is that in a non-brokered private placement, a company's investor relations department sells the stock (or other security) directly to investors. By doing this, the company can forgo the fees and hassle of hiring a broker (often an investment bank) and maintains more control over the selling process.

Benefits of Non-Brokered Private Placement

• In addition to cost savings related to investment banking fees, companies using non-brokered private placement benefit in other ways. While private placements are still subject to the Securities Act of 1933, the company is not required to register the security offering with the SEC. This saves the company the costs associated with filing and allows it to keep detailed financial information private. With a private placement, the company also has the ability to hand-select investors.

Read more: What Is Non-Brokered Private Placement? | eHow.comhttps://www.ehow.com/info_8391626_nonbrokered-private-placement.html#ixzz286PDVrYg