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Fortis Makes First Payment for Kazakhstan Potash Projects
Mar. 24, 2011 09:30AM PST
Agriculture InvestingMining Weekly reported on Fortis Mining’s (ASX:FMJ) installment payment towards its rights to two potash projects in Kazakhstan.
Mining Weekly reported on Fortis Mining’s (ASX:FMJ) installment payment towards its rights to two potash projects in Kazakhstan.
The editorial is quoted as saying:
The potash transaction was broken down into two different transactions, with Fortis paying Ji’ian 40-million of its own shares, as well as A$1-million in cash, and paying Wiyot SA $260-million for the two potash tenements.
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