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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Encanto Potash Corp. is a Canada-based exploration and development company that is focused on potash properties in the Province of Saskatchewan. The Company is focused on the development of Muskowekwan First Nation (MFN) reserve lands located approximately 100 kilometers north of Regina, Saskatchewan. The Company's wholly owned subsidiaries include Encanto Resources Ltd and Encanto Trading Corp.


TSXV:EPO.H - Post by User

Comment by mdjbrownon May 31, 2024 3:51pm
199 Views
Post# 36066871

RE:Sedar Filings ....

RE:Sedar Filings ....Even more unbelievable in my opinion Partwaythere, is that somehow this Horgen arangement passed the EPO Board of Directors, when the regulatory agencies in place to protect shareholders best interests would not accept it.

Who was on the board when this arrangement was passed, who are the principles of Horgen, and how does that work if Horgen Holdings call in their chips ?

A company with $4300 in cash according to last nights Q1 Financial disclosure,  a current $1.5 million dollar M/C, and a $10 Million + hammer hovering over head .......


"As disclosed in the financial statements at December 31, 2023, the Company settled outstanding payables owed to Horgen Holdings Inc. against a promissory note of $10,276,550 payable on or after September 1, 2023 with monthly interest of 6% per annum on February 17, 2022. The Company recognized a loss of $34,644 at the time of settlement."


"16. SUBSEQUENT EVENT a) On May 10, 2024, the Company granted 1,740,000 options to consultants of the Company. The options are exercisable at $0.065, fully vested immediately and expire on May 10, 2026."
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