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Passport Potash Closes Convertible Debenture Financing

Passport Potash Inc. (TSXV:PPI,OTCQX:PPRTF) has closed its previously announced non-brokered private placement offering of 9.5 percent convertible debentures of the Company for gross proceeds in the amount of US$500,000. Proceeds from the offering will be used to develop Passport’s holdings on the east side of the Holbrook Basin.

Passport Potash Issues Statement on Uralkali Announcement

Passport Potash, Inc. (TSXV:PPI,OTCQX:PPRTF) issues a statement about recent developments in the potash industry, specifically on Russian potash producer OAO Uralkali announcing its exit from the sales organization Belarusian Potash Co., which has had an inordinate negative effect on potash stocks. Passport Potash agrees with a statement made by K+S

Potash Sales on the Rise

Potash prices are still on the low side, and some fertilizer buyers are taking advantage of the opportunity to stock up on the much-needed fertilizer.

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. Connect with GSP to receive their next catalyst instantly.
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