TSXV:AAA.P - Post by User
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sdomaeon Apr 19, 2013 8:08am
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Post# 21273864
RE: RE: Hints about future offtake agreements
RE: RE: Hints about future offtake agreements
Feb 12, 2013
Ethiopian Agricultural Transformation Agency and Allana Potash Corp. Sign MOU to Promote Potash Use as Soil Nutrient in Ethiopia.
Pursuant to the MOU and subject to certain conditions, Allana, has agreed to donate a total of USD$200,000 per year for the first two years of the effort, or directly pay for the procurement and shipping of blended fertilizers from abroad in an equal amount. In addition, Allana has agreed to donate potash fertilizer, estimated to be valued at no more than USD$300,000-$400,000, in year-3 of the plan, conditional upon Allana having begun commercial production of potash fertilizer in Ethiopia by that time.
https://www.allanapotash.com/s/News.asp?ReportID=570357