Allana Potash announces that it has engaged ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau to complete a Preliminary Economic Assessment on Kainitite resources that may be amenable to SOP production on its Danakhil Project in Ethiopia. SOP is commonly used on chloride sensitive crops such as tobacco, fruits and vegetables and vineyards and [...]
Allana Potash is pleased to announce that it has engaged AMEC Americas Limited to complete Front End Engineering and Design on its one million tonne per year MOP Danakhil Potash Project in Ethiopia as preparatory work in anticipation of the completion of project financing and expected start of construction. This work will be undertaken primarily by [...]
The potash market has seen its share of trials in recent months. Cartel dissolutions, soaring production costs and declining spot prices have created a challenging market. But Toronto-based Allana Potash is one company that has turned those challenges to its advantage. Since 2009, Allana's primary focus has been on the acquisition and development [...]
Allana Potash provides an update to investors regarding the development of its flagship Danakhil potash project in northeastern Ethiopia. Significant progress has been made so far this year in all areas of critical pre-construction project work such as technical optimization studies, bank debt financing and infrastructure development.
Allana Potash is pleased to announce that ICL, Allana's strategic investor, has joined Allana in its efforts to support the development of fertilizer application in Ethiopia via a contribution to the Agricultural Transformation Agency of Ethiopia. As part of ICL's sustained efforts to support the communities in which it operates, and to encourage [...]
TORONTO, April 7, 2014 (GLOBE NEWSWIRE) -- Ethiopia is fast becoming the focal point for a renaissance in African agricultural development. Allana Potash (TSX:AAA) is one company that wants to be in the forefront of this change and is working towards starting up the first potash mine in Africa by 2017. This is very different from what has happened [...]
Allana Potash is pleased to announce that it has closed a second round of investment by ICL totaling approximately $14.4 million through the sale of 30,614,488 units of the Company to ICL at a price of $0.47 per Unit. The sale was completed following approval of the previously announced private placement financing by disinterested shareholders at a [...]
TORONTO, ONTARIO--(Marketwired - Mar 19, 2014) - Allana Potash Corp. (TSX:AAA) ("Allana" or the "Company") today announced the commencement of technical cooperation activities with ICL pursuant to Allana's previously reported strategic alliance with ICL. Senior technical and development teams from both companies have begun to define priorities for [...]
Allana announces that it has secured a strategic alliance with ICL, one of the world's largest fertilizer producers, pursuant to which a wholly-owned subsidiary of ICL has entered into a definitive share purchase agreement with Allana for an aggregate investment of $25 million in units of the Company at a price of $0.47 per unit on a private [...]
TORONTO, ONTARIO--(Marketwired - Jan 16, 2014) - Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") Announces that the nominees listed in the management proxy circular for the 2014 Annual Meeting of Shareholders were elected as directors of Allana. Detailed results of the vote for the election of directors held at the meeting on [...]
TORONTO, ONTARIO--(Marketwired - Dec 16, 2013) - Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") announces its slate of nominees to the Board of Directors (the "Board") for election at the annual general and special meeting (the "Meeting") of its shareholders to be held on January 16, 2014. The current four Board members, Mr [...]
TORONTO, ONTARIO--(Marketwired - Dec 5, 2013) - Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") announces that the company has had no material adverse changes to its business plan to warrant the recent decline in its share price. Management remains very confident in its project and the progress being made on a number of [...]
