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

First Tidal Acquisition Corp > $1.15 price target for AAA

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Post by likesmoneyon Feb 20, 2014 11:06am

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Post# 22230011

$1.15 price target for AAA

https://www.cantorcanada.com/pdfFiles/20140213AAA.pdf

Allana Potash (AAA/TSX C$0.51) Buy: Target C$1.15
Strategic alliance with ICL represents a massive risk mitigating milestone
Peter Prattas (416) 350-8152
EVENT: Last night, Allana Potash announced a strategic alliance with Israel Chemicals (ICL-TA, Not Rated) involving financial support, a take-or-pay offtake and technical cooperation.
BOTTOM LINE: We view this alliance as a huge endorsement for the Danakhil potash project in Ethiopia and a major risk mitigating milestone allowing it to advance toward construction. We reiterate our BUY recommendation and C$1.15 per share target price.
Click here for the research update
Please contact your Cantor Fitzgerald Canada salesperson if you wish to change your research delivery profile.
Cantor Fitzgerald Canada Corporation
Toronto | 181 University Avenue | Suite 1500 | 416-363-5757 | 866-442-4485

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