Organic Potash Corp. has announced that the non-brokered private placement to raise gross proceeds of up to $100 000 at a price of $0.01 per share to a total of 10 000 000 common shares has been amended to raise gross proceeds of up to $110 000 at $0.02 per share to a total of 5 500 000 common shares.
The offering in its amended form is closed.
OPC claims that all proceeds from the offering will be used to maintain its administrative annual expenses, as well as other ongoing corporate matters.
Read the article online at: https://www.worldfertilizer.com/potash/22062018/opc-amends-private-placement-financing/
The company is partnering with India to carry out joint research and development initiatives, to jointly promote innovative fertilization solutions, and to offer tailor-made fertilizers that meet the specific needs of Indian farmers.