Brief: Western Potash Holdings Corp. And Vantage Chance Limited Enter Into Subscription Agreement
16/02/2022 19:44
Western Resources Corp WRX.TO :
* WESTERN POTASH HOLDINGS CORP. AND VANTAGE CHANCE LIMITED
ENTER
INTO SUBSCRIPTION AGREEMENT
* WESTERN RESOURCES CORP - VANTAGE COMMITTED TO MAKE EQUITY
INVESTMENT OF C$80 MILLION IN WESTERN POTASH HOLDINGS CORP
* WESTERN RESOURCES CORP - VANTAGE WILL RECEIVE IN EXCHANGE
157.3
MILLION WPHC COMMON SHARES
* WESTERN RESOURCES CORP - VANTAGE WILL HOLD 54% OF ISSUED
AND
OUTSTANDING COMMON SHARES OF WPHC
Source text for Eikon: ID:nGNX9NPlZS
Further company coverage: WRX.TO
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