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| Home : OPC Closes First Tranche of Its Convertible Debenture Financing |
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Jul 10
2012 |
OPC Closes First Tranche of Its Convertible Debenture Financing |
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TORONTO, ONTARIO--(Marketwire - July 9, 2012) - Organic Potash Corporation (CNSX:GOP) ("OPC" or the "Corporation") is pleased to announce that it has successfully closed the first tranche of its convertible debenture offering for gross proceeds of Two Hundred and Seventy Thousand Dollars ("$270,000.00") CDN. OPC has extended the closing date for the Convertible Debenture offering to December 31, 2012, and the Corporation may continue to accept additional subscriptions up to One Million Two Hundred And Thirty Thousand Dollars ("$1,230,000.00") CDN until, on, or about, the closing deadline. The debenture proceeds shall be used to enhance the Corporation's K2 prototype processing plant, and for general corporate purposes. |
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| Source:http://www.marketwire.com/mw/release.do?id=1677677&sourceType=3 |
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