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Western finds $66M for potash project

Western Resources has struck a deal with Appian Capital Advisory for C$85 million (US$66.16) in funding to be used to continue and complete the remaining construction and development of phase one of its Milestone potash project in Saskatchewan, Canada.

Nathan Richardson
Western finds $66M for potash project

The deal is in the form of a loan facility financing transaction between Appian and Western Resources' wholly owned subsidiary Western Potash Corp. It's been negotiated at arm's length and will not "materially...

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