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 jubatuson Dec 19, 2013 9:05am

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Post# 22021686

proof below

TSX: AAA

High:		Change:	even	Date:	19-Dec-13
Low:		Volume:	175440	Time:	07:44

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News Releases

Feb 04, 2013

Allana Potash Announces Positive Feasibility Study at its Danakhil Potash Project

Investor Conference Call planned for February 4th, 2013 at 3:00 p.m. EST

After-tax Net Present Value of US $1.32 billion, based on lower price expectations in current potash markets
After-tax Internal Rate of Return of 33%
Production capital expenditures including mining and processing facilities ("Production CAPEX") of US$579 million
Port and logistics infrastructure ("Infrastructure CAPEX") of US $63 million
Total CAPEX Contingencies of US$64 million included in the Production and Infrastructure CAPEX estimates
Total production operating expenditures ("Production OPEX") of US$69.25/tonne
Total transportation expenditures ("Transportation OPEX") (including transportation/handling, port, loading costs) FOB on Vessel of US$29.50/tonne
Based on Annual Production of one million tonnes of MOP per year using solution mining from Proven and Probable Sylvinite Mineral Reserves only
Significant Carnallitite or Kainitite resources not included in the production plans in this Feasibility Study