Organic Potash Corporation (CNSX:OPC) announced that they plan to undertake a non-brokered private placement to raise gross proceeds of up to 10,000,000 common shares for total proceeds of up to $1,000,000.
As quoted in the press release:
All proceeds from the offering will be used to expand & improve current commercial production capacity at OPC’s Tema Production Plant, working capital for inventory and production purposes, and for general corporate purposes.
Gensource Potash Corporation (TSXV:GSP) is focused on becoming Saskatchewan’s first vertically-integrated potash producer and has developed a unique business plan which will allow it to take advantage of the opportunities that exist in the potash industry.
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