Moscow-Russian fertilizer company Acron JSC reports that its subsidiary, 101109718 Saskatchewan Ltd., has recently successfully completed a transaction involving the sale of potash exploration permit KP 373 to BHP Billiton Canada Inc. KP 373 is an 83,880 acre permit and is located in the central part of Saskatchewan. Acron believes that the sale reflects strong recovery of potash permits market in Saskatchewan and of the potash industry in general. Acron said both parties were pleased with the successful completion of the transaction.
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