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Universal Potash Corp Acquires Interest in Three Square Miles
Feb. 17, 2011 01:08PM PST
Potash InvestingUniversal Potash Corporation (PINK:UPCO) announced the company has acquired a majority interest in the potash rights to three square miles of prospective ground in the Paradox Basin of Utah. The press release is quoted as saying: This purchase fits well with our earlier successful acquisition in which we were the winning bidder on Utah Potash […]
Universal Potash Corporation (PINK:UPCO) announced the company has acquired a majority interest in the potash rights to three square miles of prospective ground in the Paradox Basin of Utah.
The press release is quoted as saying:
This purchase fits well with our earlier successful acquisition in which we were the winning bidder on Utah Potash Lease Applications for a total of 640 acres of prospective ground northwest of Moab in the Paradox Basin of Utah. These leased properties are located immediately to the South and contiguous to the company’s current Potash applications pending approval, covering a total of 29,000 acres.
Click here to access the entire press release.