Potash West Appoints Advisor
Released
Released
Announcement PDF
ASX Announcement
6 February 2014
_____________________________________________________________________________________
COMPANY DETAILS
POTASH WEST APPOINTS ADVISOR
ABN: 62 147 346 334
PRINCIPAL AND
REGISTERED OFFICE
Potash West NL
Suite 3
23 Belgravia Street
Belmont WA 6104
POSTAL ADDRESS
PO Box 588
Belmont WA 6984
Potash West NL (The Company) is pleased to advise that it has appointed Intuitive
Pty Ltd (Intuitive) as Corporate Advisor to assist, in a global capacity, with the
introduction of potential new investors and interested parties to Potash West.
Managing Director Patrick McManus said “Intuitive is an experienced investor
relations group who have worked with several small and microcap companies, and
assisted them in growing their shareholder base and investor interest”.
F +61 8 9475 0847
As part of engagement Intuitive will be issued with the following option package:
• 500,000 options, exercise price 15c expiry 7 February 2017
• 500,000 options, exercise price 25c three year life, to be granted when 5
day VWAP exceeds 15c
• 1,000,000 options, exercise price 40c three year life, to be granted when 5
day VWAP exceeds 20c.
ASX CODE
PWN
For further information contact:
W www.potashwest.com.au
E info@potashwest.com.au
P +61 8 9479 5386
Media:
OTC PINK
PWNNY
CORPORATE
INFORMATION
(6 February 2014)
94M Ordinary shares
4M Unlisted options
8M Listed options
BOARD OF DIRECTORS
Adrian Griffin
(Non-Executive Chairman)
Patrick McManus
(Managing Director)
George Sakalidis
(Non-Executive Director)
Gary Johnson
(Non-Executive Director)
Potash West NL:
Patrick McManus
Managing Director
Tel: +61 (08) 9479 5386
info@potashwest.com.au
Web: www.potashwest.com.au
Professional Public Relations:
Colin Hay
Tel: +61 (08) 9388 0944
About Potash West
Potash West (ASX:PWN) is an exploration company focused on developing potassium-rich
glauconite deposits in West Australia’s Perth Basin. The Company aims to define a
substantial resource base and investigate how best to recover potash from the mineral. The
project is well situated in relation to infrastructure, with close access to rail, power and
gas. A successful commercial outcome will allow the Company to become a major
contributor to the potash and phosphate markets at a time of heightened regional demand.
The Company has a major land holding over one of the world’s largest known glauconite
deposits, with exploration licenses and applications covering an area of 2,100km2.
Previous exploration indicates glauconite sediments are widespread for more than 150km
along strike and 30km in width. Current JORC compliant Indicated Mineral Resources
stand at 241Mt at 3.0% K2O, including 120Mt at 4.6% K2O amenable to processing by the
K-Max process and 90Mt at 2.65% P2O5 of phosphate mineralisation.
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