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TSX: AAA

High: 0.29 Change: -0.01 Date: 22-Nov-14
Low: 0.28 Volume: 152075 Time: 17:15

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Welcome to Allana Potash

Allana Potash is a Canadian publicly traded corporation with a focus on the international acquisition and development of potash assets. The Company is currently developing its previously explored, flagship property, in Ethiopia, the Danakhil Potash Project, in Ethiopia.

Allana Potash has secured financial support from three significant strategic investors: ICL, a subsidiary of Israel Chemicals Ltd; IFC, a member of the World Bank Group, and Liberty Metals and Mining Holdings, LLC, a subsidiary of Liberty Mutual Group.

Allana has delineated the following Proven and Probable Sylvinite Reserves at Danakhil*:

RESERVE CATEGORY POTASH MEMBER MINEABLE TONNES (MT)* KCl(%)  MOP  (MT)
PROVEN Sylvinite 32.97 28.0 8.2
         
PROBABLE Sylvinite 60.81 28.8 15.5
         
Total       23.7

Allana has delineated the following Measured and Indicated Mineral Resources at Danakhil*:

CATEGORY POTASH MEMBER IN-SITU TONNAGE (MT)* KCl(%) CONTAINED KCl (MT)
MEASURED Sylvinite 115.3 27.8 32.1
  Upper Carnallitite 121.5 17.5 21.3
  Lower Carnallitite 235.0 9.7 22.8
  Kainitite 552.3 19.2 105.9
Total   1,024.1 17.8 182.1
INDICATED Sylvinite 212.1 28.6 60.7
  Upper Carnallitite 289.8 17.2 49.9
  Lower Carnallitite 322.2 8.9 28.7
  Kainitite 598.2 19.5 116.8
Total   1,422.3 18.0 256.1

Allana has also delineated the additional Inferred Mineral Resources (see Projects section)*.

(The foregoing mineral resource and reserve estimates are as at April 17, 2013)*.

Allana Potash has approximately 325.1 million shares(basic) outstanding as of April 1st, 2014 and trades on the TSX under the symbol AAA.

*Please refer to the Legal Disclaimer section below for important information regarding Resource and Reserve estimates.

What is Potash?

In 2011, the global demand for fertilizer totaled 185 million tonnes, with over 50 million tonnes attributed to potassium-based fertilizers (i.e. potash) (FAO Fertilizer Outlook)... Read more