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Home : Ethiopian Potash Corp. Arranges Shares for Debt
Sep 14
2012

Ethiopian Potash Corp. Arranges Shares for Debt

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2012) - Ethiopian Potash Corp. (the "Company" or "EPC") (TSX VENTURE:FED)(TSX VENTURE:FED.WT) announces that it has arranged to settle a portion of the outstanding debt owed to an arms-length service provider by issuing an aggregate of 2,140,000 common shares at a deemed price of $0.15 per common share. Such arrangement remains subject to TSXV approval. The common shares that will be issued in connection with this debt settlement will be subject to a hold period of four months and one day from issuance.
Source:http://www.marketwire.com/mw/release.do?id=1701705&sourceType=3
 
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