Potash One private placement correction
2008-01-03 14:11 MT - Private Placement
Further to the TSX Venture Exchange bulletin dated Jan. 2, 2008, the company has advised the following information is amended.
Warrant exercise price: $3.25 for a 15-month period. However, if four months and one day after closing, the shares of the company close at $4 or more for 10 consecutive trading days, then the company may, upon written notice to the warrantholder shorten the exercise period to 30 days.
Finder's fee: 31,250 units (comprising one share and one-half of one warrant) payable to PowerOne Capital Markets Ltd.