Encanto Potash Corp Talking Possible Deal with Rashtriya Chemicals and Fertilizers Ltd

Reuters reported that Canadian miner Encanto Potash Corp. is in discussions with Indian Rashtriya Chemicals and Fertilizers Ltd about a possible deal.

As quoted in the market report:

After markets closed, Encanto said that Rashtriya is seeking to hire an adviser to review a deal that would see a consortium led by Rashtriya buy 2 million tonnes of potash in the future from Encanto, which is seeking to raise capital to build a Western Canada potash mine.

To view the whole Reuters report, click here. 

Get the Latest Potash Investing Stock Information

Get the latest information about companies associated with Potash Investing delivered directly to your inbox.

Potash

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Potash-West-logo-websize

Potash West NL

Potash West NL (ASX:PWN,OTCPINK:PWNNY) dominates mineral tenure in Western Australia, one of the world’s largest glauconite deposits, with 12 exploration licenses and applications covering an area of more than 2,600 km2.

Connect here and don't miss an update.

Learn More
Comments

Leave a Reply