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Salt Lake Potash welcomes key new strategic investor as part of A$15mln funding

Salt Lake Potash Ltd's (ASX:SO4) Tony Swiericzuk speaks to Proactive after announcing a A$10 million strategic investment from Equatorial Resources Ltd (ASX:EQX) as part of a A$15 million placement of convertible notes to corporate and institutional investors. Salt Lake is in the final stages of completing a significant project financing that will support the development of its Lake Way Sulphate of Potash (SOP) Project in the Goldfields region of Western Australia.

Quick facts: Salt Lake Potash Ltd

Price: 33 GBX

AIM:SO4
Market: AIM
Market Cap: £116.58 m
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Salt Lake Potash CEO and chairman get go-ahead to take part in A$20 million...

Salt Lake Potash Ltd (LON:SO4)(ASX:SO4) chief executive officer Tony Swiericzuk caught up with Proactive's Andrew Scott after confirmation he and chairman Ian Middlemas got shareholder approval to take part in the company's A$20 million placement. Earlier this month the company awarded EPC and...

on 18/6/20

2 min read