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Pacific Potash Progresses on Acquisition of Brazil Potash Assets
Jun. 13, 2012 02:10PM PST
Potash InvestingPacific Potash Corporation (TSXV:PP,OTCQX:PPOTF,FWB:P9P) announced the signing of an LOI regarding Western Potash’s (TSX:WPX) potash assets in Brazil.
Pacific Potash Corporation (TSXV:PP,OTCQX:PPOTF,FWB:P9P) announced the signing of an LOI regarding Western Potash’s (TSX:WPX) potash assets in Brazil.
As quoted in the press release:
The property comprises several claim parcels that extend from the Amazon River to the centre of the Amazonas Basin, in the same area where Potassio do Brasil, Petrobras, and Vale, among others, are exploring for potash deposits. There has been a large amount of capital and investor interest in the Amazonas Basin area and Brazil recently.
Click here for the Pacific Potash Corporation (TSXV:PP) press release.
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