Western Potash Holdings Corp. Closes The Final Tranche Equity Investment From Vantage Chance Limited
Western Potash Holdings Corp. Closes The Final Tranche Equity Investment From Vantage Chance Limited
09/09/22, 1:51 AM
Location
reginaWestern Resources Corp. (“Western” or the “Company”) (TSX: WRX) is pleased to announce that its subsidiary company Western Potash Holding Corp. (“WPHC”) has received the third and the last tranche of the equity funding proceeds from Vantage Chance Limited (“Vantage”) today in the amount of $30 million in exchange for the issuance to Vantage of 58,996,901 common shares of WPHC, which represents the closing of the previously announced Investment Transaction (as set out in a press release dated February 16, 2022).
Company Info
Location
baseline road
regina, saskatchewan, canada
Additional Info
Western Potash Corp. is a development stage potash company focused on building a solution mine on the Milestone Project located in southern Saskatchewan, Canada. The Company intends to develop this world-class Milestone potash deposit in an ecologically sustainable, economically efficient and socially responsible manner. The Company has raised in excess of $220 million CAD from institutional and retail investors, including the IPO in May 2008.