First Tidal Acquisition Corp T.AAA

buyout coming in? $1.00

[powerhour]

ICL, a subsidiary of the Israel Corporation and the world’s sixth largest potash producer, declined to confirm the reports but said it routinely considers international opportunities that often begin with providing technical assistance. The company did say it intends to broaden its sources of production.

Allana has said that it is planning to wrap up talks with a strategic partner and with a customer for the potash in the first quarter of this year, adding that it plans to secure financing by the end of 2014. The mine is projected to be in operation during the first half of 2016. Allana needs ICL’s technical expertise as well as the company’s cash resources. As of the end of July of 2013, the Canadian firm had $16 million on hand

https://www.haaretz.com/business/1.570676