Encanto Potash is a Potash
exploration company

2015 News Archive

Encanto Signs MOU with MMTC Limited of India

Encanto Potash Corp. is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with Metals and Minerals Trading Corporation of India (MMTC).  The MOU is to define the framework for a long term supply arrangement for Muriate of Potash.

Encanto Potash Corp. Announces Private Placement

Encanto Potash Corp. announces a private placement of 8,333,333 common shares at a price of $0.12 per share for gross proceeds of $1,000,000 . The Company intends to use the proceeds for general working capital for the Company.

Encanto Announces Appointment of New Director and Stock Option Grant

Encanto Potash Corp. is pleased to announce that Stavros Daskos has been appointed to the Company's Board of Directors. Stavros Daskos, a lawyer by training, is the President of WDH LTD., a Government contractor specializing in infrastructure and national security projects. Stavros has extensive experience in high level Government and finance contacts both domestically and internationally as a result of his company's dealings.

Encanto Announces Closing of $2.2 Million Private Placement

Encanto Potash Corp. is pleased to announce that, further to its news releases dated April 22 and April 24, 2015, it has closed its private placement of 18,427,500 units at a price of $0.12 per unit for gross proceeds of $2,211,300. Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to purchase one common share at $0.17 until May 4, 2016. The proceeds of the private placement will be used by the Company for general working capital.

Encanto Potash Corp. announces private placement upsized

Encanto Potash Corp. Further to the Company's news release dated April 22, 2015, the Company is pleased to announce that due to excess demand, the private placement has been increased to 17,000,000 Units (the "Private Placement").  Each unit consists of one common share ("Share") and one share purchase warrant entitling the holder to purchase one common share at $0.17 for a period of 12 months from the date of closing ("Warrant").  The Company intends to use the proceeds for general working capital for the Company. 

Encanto Potash Corp. Announces Private Placement

Encanto Potash Corp. announces a private placement of up to 15,000,000 units ("Units") at a price of $0.12 per unit for gross proceeds of up to $1,800,000 (the "Offering").  Each unit consists of one common share ("Share") and one share purchase warrant entitling the holder to purchase one common share at $0.17 for a period of 12 months from the date of issuance ("Warrant").  The Company intends to use the proceeds for general working capital for the Company. 

Encanto Potash Corp. Update and CEO Statement

Encanto Potash Corp. On behalf of the Encanto Potash Corp. (Encanto) Board, I would like to update our shareholders of the company's current focus over the near term.

Encanto Potash Congratulates Muskowekwan Chief and Councillors On Successful Election Results

Encanto Potash Corp. is pleased to offer their congratulations to Chief Reginald Bellerose and all returning and new Council members on their election as Chief and Council of the Muskowekwan First Nation. This is the sixth consecutive term for Chief Bellerose and he received overwhelming support once again.

Encanto Receives Expression of Interest of $250 Million to Develop, Construct and Finance Power Co-generation Plant for Potash Mine

Encanto Potash Corp. is pleased to announce that through its strategic advisor, Horgen Holdings Inc., that it has received an expression of interest from Fengate Capital Management Ltd. ("Fengate") to undertake the development, construction and financing of a 100-MW power generating station (the "Project") for the proposed new potash mine and processing plant to be built for the Company’s Muskowekwan Project.