TSXV:AAA.P - Post by User
Post by
moneyhungry87on Jul 28, 2014 3:44pm
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Post# 22788416
email from kelertas re: dilution
email from kelertas re: dilutionLooks like things will work out well, makes sense:
Hi Eric....our debt financing process ($450-550 million) is progressing well and we will likely have this completed by the late fall or year end at the latest. Equity financing will likely come right after we are able to announce the debt tranche and we expect a fairly solid push positive sentiment on our share price at that time....we are looking at innovative ways to raise equity without heavy dilution and these will be examined in great detail over the next few months......our partners (ICL, LMM and IFC) will participate in the equity raise as well.......
Cheers,
Richard A. Kelertas, RPF
SVP-Corporate Development
ALLANA POTASH CORP.
rkelertas@allanapotash.com
(514) 717-6256 (mobile)