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Salt Lake Potash welcomes key new strategic investor as part of A$15mln funding

Salt Lake Potash Ltd's (ASX:SO4) Tony Swiericzuk speaks to Proactive after announcing a A$10 million strategic investment from Equatorial Resources Ltd (ASX:EQX) as part of a A$15 million placement of convertible notes to corporate and institutional investors. Salt Lake is in the final stages of completing a significant project financing that will support the development of its Lake Way Sulphate of Potash (SOP) Project in the Goldfields region of Western Australia.

Quick facts: Salt Lake Potash Ltd

Price: 24.6 GBX

AIM:SO4
Market: AIM
Market Cap: £174.91 m
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Salt Lake Potash focused on plant commissioning as Lake Way nears completion

Salt Lake Potash Ltd's (ASX:SO4) (LON:SO4) (OTCMKTS:WHELF) (FRA:W1D) Tony Swiericzuk tells Proactive's Andrew Scott its Lake Way project in Western Australia is nearing completion, with the process plant 88% complete and the overall project, including all on-lake infrastructure 81% complete....

1 day, 7 hours ago

2 min read