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Ethiopian Potash Implements Shareholder Rights Plan
Mar. 29, 2011 01:41PM PST
Potash InvestingEthiopian Potash Corp. (CVE:FED) announced the approval by its board of a shareholder rights plan between the company and its advisor.
Ethiopian Potash Corp. (TSXV:FED) announced the approval by its board of a shareholder rights plan between the company and its advisor.
The press release is quoted as saying:
The Rights Plan has been adopted to ensure the fair treatment of all EPC shareholders in the eventuality of a possible take-over bid for the outstanding common shares of the Corporation.