Vancouver-Potash One Inc. reports that it has completed a non-brokered equity private placement of 4.15 million units at a price of $2.65 per unit for net proceeds of $10,997,500. A total of 206,250 units, representing 5 percent of certain subscriptions, were issued to certain finders for introducing the subscribers to the company. The proceeds from the placement will be used to expedite the development of the company’s Legacy Potash Project in Saskatchewan and for general corporate purposes.
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