Pacific Potash set to acquire option on claims in Brazil's Amazonas Basin
June 13, 2012 - 1:29 PM
VANCOUVER - Pacific Potash Corp. (TSXV:PP) says it has a letter of intent to acquire a company that holds the option to acquire an 80 per cent stake in certain Brazilian potash assets currently owned by Western Potash Corp. (TSX:WPX). Pacific Potash says it has will acquire Moonraker Acquisition in return for 4.95 million common shares.
News from © The Canadian Press, 2012