Australian Potash directors demonstrate confidence in potash strategy by acquiring more shares
The company has been buoyed by a strong show of support from prominent Western Australian mining figure Mark Creasy whose investment vehicle Yandal Pty Ltd has exercised 100% of its unlisted options. Yandal Pty Ltd holds a 7.8% in APC and is APC’s largest shareholder.
Australian Potash Ltd (ASX:APC) directors have demonstrated their confidence in the company’s potash strategy by acquiring more shares.
Managing director and CEO Matt Shackleton increased his holding to 8.52 million shares following the purchase of shares worth $45,946.50 in a rights issue and non-executive chairman Jim Walker added shares worth $59,999.94 by participating in a placement.
Australian Potash says its K-Brite products are well positioned at premium end of global SOP market
Australian Potash Ltd s (ASX:APC) Matt Shackleton talks Proactive s Andrew Scott through the findings of its recently released Front End Engineering Design (FEED) program. He says the optimised sustainable Sulphate of Potash development will produce 170,000 tonnes per annum of premium priced K-Brite SOP products for distribution across the world’s most lucrative markets.
Quick facts: Australian Potash Ltd
Price: 0.1675 AUD
S&P/ASX 200 lifts for a fifth straight session; gets closer to all-time high proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Share:
Sydney, April 19, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Rumble Resources Ltd (ASX:RTR) has hit a new record after fast-tracked assay results from two reverse circulation (RC) holes at Chinook Prospect of the Earaheedy JV Project in Western Australia confirmed a zinc-lead discovery. Click here
Elementos Limited (ASX:ELT) (OTC:ELTLF) (FRA:9EM) has received firm commitments from institutional, sophisticated and accredited investors to raise A$6.1 million through a placement to progress the development of its wholly-owned Oropesa Tin Project in Spain. Click here