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BRIEF-Encanto Potash expands MOU with Metals And Minerals Trading Co of India

Published 2016-04-13, 04:10 p/m
© Reuters.  BRIEF-Encanto Potash expands MOU with Metals And Minerals Trading Co of India
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April 13 (Reuters) - Encanto Potash Corp EPO.V :
* Encanto confirms that MOU is now expanded for an annual
supply of a minimum of 2,000,000 metric tonnes of potash
* Says finalized important terms for their memorandum of
understanding with Metals And Minerals Trading Company of India
* MOU allows for immediate supply of potash by Encanto to
MMTC, while Encanto concurrently continues to develop
Muskowekwan project
* MOU also allows for immediate supply of potash by Encanto
to MMTC
* MOU provides that MMTC will also act as Encanto's
worldwide distributor of potash on an exclusive basis
* Encanto Potash Corp says now intends to create joint
trading company with Muskowekwan First Nation

Source text for Eikon:
Further company coverage: EPO.V

(Bengaluru Newsroom: +1-646-223-8780)

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