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  • 12 Dec 19

Salt Lake Potash raises $45.5 million through placement and extension of debt facility

Salt Lake Potash raises $45.5 million through placement and extension of debt facility

Salt Lake Potash Limited | SO4 | 25.8 -0.15 (0.0%)
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Salt Lake Potash Ltd (ASX:S04) (LON:SO4) CEO Tony Swiericzuk updates Proactive on a $23.5 million placement and the securing of $22 million in additional debt from Taurus Funds Management for the ongoing development of the Lake Way Sulphate of Potash (SOP) Project in WA.

The CEO also provides an update on the company’s marketing strategy and recent offtake agreements as well as the signing of a Native Title agreement with the Tarlka Matuwa Piarku Aboriginal Corporation.

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