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Encanto Potash Updates Designation Vote
Nov. 28, 2011 11:18AM PST
Potash InvestingEncanto Potash Corp (TSXV:EPO,OTCQX:ENCTF) announced updated information on the Treaty Land Entitlement vote related to its potash project.
Encanto Potash Corp (TSXV:EPO,OTCQX:ENCTF) announced updated information on the Treaty Land Entitlement vote related to its potash project.
As quoted in the press release:
The AANDC requirement states that an initial designation is successful if 50% +1 of the membership cast their vote. This would require 558 votes to meet AANDC regulation requirements. A total of 547 eligible cast their ballots and therefore theoretically, the vote failed to meet the requirement by 11 votes.
Click here for the Encanto Potash Corp (TSXV:EPO) press release.
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