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BREAKING…Pacific Potash Corporation Halted, Pending News

Posted by AGORACOM-JC at 10:08 AM on Thursday, August 15th, 2013

Pacific Potash Corporation Halted, Pending News

Amazonas Potash Basin

  • The Brazilian Government plans to reduce Brazil’s reliance on potash imports from 91% to 60% over the next 5 years
  • Soils in Brazil are deficient in potassium and require potash to remain productive
  • The Amazonas potash basin is similar in geology and dimension to the Saskatchewan potash basin in Canada
  • Recently signed non-binding Memorandum of Understanding with CapitalAsia Investment Holdings Group sets out the initial terms and conditions for entering into a formal off-take agreement at such time as Pacific Potash’s Amazonas Potash Property goes into commercial production.

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