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African Potash Ltd

  • BY: Andrew Hore |
  • POSTED: 08/10/2012 |

African Potash Ltd is no longer buying an indirect interest of 70% in La Societe des Potasses et des Mines SA (SPM), which owns a potash asset in the Republic of Congo.

The deal could not be completed in the required timeframe because the target had not been granted a permit to prospect for potash. The company continues to seek opportunities in the Republic of Congo.

The shares returned from suspension and fell 3p to 4.62p a share, valuing African Potash at £9.16m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFSeptember2012_36.pdf

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