Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) is a publicly traded company with a focus on its potash assets in northeastern Ethiopia. The company's flagship asset (encompassing …
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TORONTO, ONTARIO-- (Marketwire - Nov. 1, 2012) - Allana Potash Corp. ( AAA.TO ) ( ALLRF) ("Allana" or the "Company") has completed its previously announced merger, whereby the Company has acquired all of the issued and outstanding common shares Nova-Ethio Potash Corporation ("Nova") through the merger of a wholly-owned subsidiary of Allana and ...
As part of the strategic alliance, ICL will invest around $23m in units of Allana. ICL will hold around 16% of Allana's regular shares on a non-diluted basis, following the completion of its initial investment in Allana. The company will have the chance to increase its holding to about 37%, upon exercising of warrants that are part of the units.
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Allana Potash Corp. 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... | October 13, 2022
Allana Continues to Intersect Strong Potash Mineralization
Israel Chemicals Ltd. (ICL) is acquiring all of the shares of Allana Potash that it does not already own in a friendly transaction valued at about C$137 million. Prior to announcing …
Farhad Abasov, President & CEO of Allana Potash (TSE:AAA) and the Minister of Mines in Ethiopia, Madame Sinknesh Ejigu, discuss the country's attempts to dri...
Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on its potash property in Ethiopia. Allana has secured ...
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Potash Corp profit to take $100-million hit this year after Saskatchewan tax-rule changes. The all-cash bid from fertilizer heavyweight Israel Chemicals (ICL) is worth 50¢ a share. That is a healthy 51.5% premium to Allana's closing price on Thursday, but is far below the high of $2.30 in 2011. Regardless, analysts said accepting the offer ...
Allana's deal with Israel Chemicals didn't live up to bullish expectations. Allana will see significant dilution from ICL's investments, but gets a strong off-take agreement in return.
As the potash price plunged since Uralkali blew up the potash-cartel, Allana's share price went into a free fall, dropping to just $0.31 for a market capitalization of $110M at this moment.
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Most recently, in November 2012, Allana acquired the Nova-Ethio Potash land package, consisting of 153 km 2 to the West for 12.7mm shares with an additional 35.6mm shares placed in escrow and to ...
Allana Potash Corp. (TSX: AAA) (OTCQX: ALLRF) is a publicly traded company with a focus on its potash assets in northeastern Ethiopia. The company's flagship asset (encompassing approximately 312 ...
Today, Allana Potash still sits on $20 million in cash and is set to significantly reduce its cash burn rate due to the completion of its feasibility study. I estimate the cash burn rate is around ...
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Allana Potash Corp. announces that it has engaged ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau to complete a Preliminary Economic Assessment on Kainitite resources that may be...
Video of Allana Potash with an interview from Farhad Abasov, President, CEO, and Director. BTV scopes out their massive construction site of Allana's potash...
14-10-2014· The ministry of mine has already identified the potential of potash mining in the Danakil (Dallol) Depression where the Canadian firm Allana Potash is set to …
The market reacted positively to the news as the stock was trading almost 44% higher at 47.5 Canadian cents in Toronto at 11:18 am. The $109.50 million takeover(or Cdn$137M), aims to speed up ...
1987. The Allana Group, under Abdulla Allana, began trading in agricultural commodities. Commenced overseas trading by enlarging its product lines. Pioneered the export of Frozen …
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