First Tidal Acquisition Corp T.AAA

Chinese financing and commitments ??

[lotusprince]

Pumping is evident on Allana Potash Blog on sino-ethopian cooperation and funding.                                                                                                                                                         Here are some old 2010-2011 copy and paste from archives wondering if these agreements are still relevant.     ""Allana Potash signed a strategic agreement in November with an affiliate of China Mining United Fund, China Mineral United Management Ltd., to place shares worth 2 million Canadian dollars (US$1.96 million) to the fund.   The proceeds of the initial investment will be used to finance exploration and development of the potash project in Danakil Depression in northeastern Ethiopia.  Under the agreement, China Mineral would acquire 20% of the total potash production of the project and finance 35% of its construction costs, estimated at around US$280 million, Allana said on its Web site.     It said the Chinese mining fund is closely linked to one of the largest fertilizer companies"""                                                                                                                                                """"As Allana Potash builds the transport infrastructure to support its planned Danakil Basin potash mines, Chinese firms will almost certainly play a role since the project requires road and rail construction and a new port in Djibouti, all of which are areas of expertise for companies like China Railway Construction Corp (CRCC), which is already working in Ethiopia. CRCC reported that China Ex-Im Bank had agreed to provide Ethiopia with a $3 billion credit line over the next three years to support infrastructure development."""