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Issue of Convertible Security

RNS Number : 1320X
African Potash Ltd
17 November 2014
 

African Potash Limited / Index: AIM / Epic: AFPO / Sector: Mining

17 November 2014

 

African Potash Limited ('African Potash' or the 'Company')

Issue of Convertible Security

 

The Company hereby announces that on 13 November 2014 it issued a convertible security with the nominal value of US$500,000 (at the purchase price of US$500,000) pursuant to, and on and subject to the terms and conditions set out in, the convertible securities issuance deed dated 7 August, the details of which were disclosed to the market on 8 August 2014.

 

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For further information visit www.africanpotash.com or contact the following:

 

Ed Marlow

African Potash Limited

+44 (0) 20 7408 9200

Stewart Dickson (Corporate Finance)

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000

David Foreman (Corporate Finance)

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000

Jeremy Stephenson (Corporate Broking)

Cantor Fitzgerald Europe

+44 (0) 20 7894 7000

Richard Greenfield

GMP Securities Europe LLP

+44 (0) 20 7647 2836

Susie Geliher

St Brides Media & Finance Ltd

+44 (0) 20 7236 1177

Charlotte Heap

St Brides Media & Finance Ltd

+44 (0) 20 7236 1177

 

About African Potash

 

African Potash was established to invest in/acquire potash assets or projects in sub-Saharan Africa. The Directors believe the fundamentals of the global potash market, a key source of potassium fertiliser, represent a compelling opportunity to create shareholder value.

 

The Company is currently focused on the Lac Dinga Project in the Republic of Congo and has a highly experienced Board with a proven track record in identifying, operating and developing resource projects in Africa.

 


This information is provided by RNS
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