Passport Potash announces that is has repriced its non-brokered private placement announced on December 16, 2011 to $0.18 per unit. The exercise price of the warrants remains the same at $0.20. The Company intends to raise a total of $7,500,000 from the private placement for a total of approximately 5,000,000 units. Finder's fee may be payable on [...]
Passport Potash announces, further to its news releases of October 20, 2011 and October 31, 2011, that it has terminated its letter of intent with NZ Legacy. Passport also announces that it has arranged a fully subscribed non-brokered private placement of $6,975,000.00 which consists of 46,500,000 units at $0.15 cents, each unit consisting of one [...]
Passport Potash is pleased to announce that it has engaged ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau (ERCOSPLAN) to complete its initial resource estimate on its Holbrook property holdings. All drilling completed to date as well as historical drilling will be reviewed and the Company anticipates an initial resource estimate to be [...]
Passport Potash is pleased to announce that Ali Rahimtula has agreed to join the Company's Board of Directors. Mr. Rahimtula brings a wealth of experience and knowledge from over four decades in the fertilizer industry. Mr. Rahimtula is the President and founder of Transnational Enterprises LTD., DBA Transfert America. Transnational Enterprises [...]
Passport Potash is pleased to announce that it has received a NI 43-101 compliant technical report on the exploration potential for Passport's Holbrook Basin Project. The Company expects that the report will be filed on SEDAR and will be readily available for public viewing by Friday November 4th, 2011. The report, prepared by SRK Consulting (US [...]
Passport Potash announces that in furtherance to the News Release of October 25, 2011 Passport is now able to provide greater detail regarding the terms of the letter of intent entered into with NZ Potash. The letter of intent is subject to certain material contingencies, including a right of first refusal by the other 50% shareholder in HNZ [...]
Passport Potash is pleased to announce that it has been invited to attend Dundee Capital Market's PROFITS from POTASH conference being held at the St. Andrew's Club in Toronto, Ontario on Thursday, October 27. VP of Legal and Corporate Affairs, John Eckersley will be presenting on behalf of the company. “The conference is an opportunity for select [...]
Passport Potash has signed a letter of intent to enter into binding agreements under which NZ Potash, LLC will sell to Passport its 50% ownership interest in HNZ Potash, LLC. Passport and HNZ Potash will strive to jointly develop their combined potash properties in the Holbrook Basin. When combined the properties will contain over 200,000 acres of [...]
Passport Potash announces an update on the status of its NI 43-101 Technical Report. As earlier announced the Report is being prepared by SRK Consulting (US) Inc.. SRK has advised that the Report should be finalized the last week of October 2011. Further, the Company has been informed that the Report will not include a current resource estimate [...]
Passport Potash is pleased to announce that it has commenced drilling on its holdings on the east side of the Holbrook Basin. The company plans to drill a total of 9 holes in this area. Passport is also pleased to announce that it has completed 50 line miles of seismic work on its east side holdings, which now brings the total amount of seismic [...]
