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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.


TSXV:AAA.P - Post by User

Comment by oceanelevenon Feb 12, 2014 6:18pm
217 Views
Post# 22202269

RE:RE:RE:ICL - Now our expertise partner

RE:RE:RE:ICL - Now our expertise partnerSo say 25 million ICL bucks(the extra 15 mil maybe) so maybe 40 mil and wow, what a nice off-take agreement

The Offtake

The parties have also entered into the Offtake Agreement pursuant to which ICL has agreed to purchase the entire production of the Project up to 1Mtpa with a take-or-pay commitment of ICL on a minimum of 80% of output from the Project. The Offtake Agreement include typical terms and conditions for product supply agreements for global sales and shipments and also provides allowances in time for production ramp-up while maintaining the minimum 80% take-or-pay commitment.


Read more at https://www.stockhouse.com/news/press-releases/2014/02/12/allana-potash-announces-strategic-alliance-with-icl#3GpjIJ2cFZIP8Fvo.99
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