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 > in anticipation of financing (Mining weekly) article

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Comment by Stockstag1on Sep 03, 2014 5:39pm

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Post# 22903376

RE:RE:RE:RE: in anticipation of financing (Mining weekly) article

Stockstag1 wrote:

Fertiman wrote: Good evening girls!! Looks like some news here on speculation of financing..... Mmmmmmmm goooooood!!!!!! Anyone want to start a b Pool on when and if it will come through??? Let's see who's right in the end.... Please post your comments on the board.... :)

jubatus wrote:

AMEC Americas to undertake Ethiopia potash project design

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Photo: Bloomberg

By: Creamer Media Reporter

13th August 2014

TEXT SIZE

JOHANNESBURG (miningweekly.com) – TSX-listed Allana Potash has appointed engineering and project management company AMEC Americas to undertake the front-end engineering design (Feed) on its one-million-tonne-a-year muriate of potash (MoP) Danakil project in Ethiopia.

This comes as preparatory work gets under way in anticipation of the completion of project financing.

AMEC would undertake the work, which was expected to take six months to complete, primarily from its Saskatoon office in Saskatchewan, Canada.

The study would cover a number of facilities including process, maintenance and service buildings; conveyance to and from the ponds; product storage; truck loading; power generation and fuel storage; general roads and other project infrastructure; temporary and permanent work camps; and port facilities.

During the Feed engineering phase, the project management company would also prepare a project management plan; develop a project engineering, procurement and construction schedule; prepare the principal design criteria; complete civil, concrete and steel material take-off agreements; and initiate procurement through formal requests for quotation for long-lead items.

“We look forward to working with AMEC to optimise and finalise the project design and advance the project to the next level.

“The initiation of the Feed work is a first for the potash industry in Ethiopia and represents another milestone accomplishment for Allana and the government of Ethiopia,” Allana president and CEO Farhad Abasov said in a statement.

Edited by: Chanel de Bruyn

Nice article. Kind of spells it out.