Australian Potash secures funding boost

AUSTRALIAN Potash has successfully closed an oversubscribed placement to fund the advancement of its Lake Wells sulphate of potash project in Western Australia.

Australian Potash secures funding boost Australian Potash secures funding boost Australian Potash secures funding boost Australian Potash secures funding boost Australian Potash secures funding boost

Lake Wells

The bookbuild was said to have sparked strong demand from institutional and professional investors, who supported the A11.1c placement for a total of $7 million, boosting cash reserves to $8.

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