RE:Financials and MDA OutThank you for posting this btb.
I find this statement very interesting about KClean Potash Corporation (“KClean”).
"KClean will be the special purpose vehicle that will receive project assets from Gensource, equity investments from Gensource and HELM AG and receive senior debt financing from the senior lenders"
It would be interesting to see the corporate share structure details of this new subsidiary company as it would appear both Gensources assets and equity will flow through KClean Potash Corp. Would you happen to know if it incorporated in Saskatchewan?
That may offer shareholders a few more clues ...............
If I recall, years ago Encanto Potash had reported forming a subsidiary company that their assets and financial transactions would flow through. I havent followed that one in years, but I believe the subsidiary company was named Horgen Holdings Inc.