Parkway Minerals NL (ASX:PWN) continues to advance its exploration projects in Western Australia, focused on sulphate of potash and glauconite deposits.
The company also holds a 34% stake in Davenport Resources Ltd (ASX:DAV), which owns a potash exploration project in the South Harz region of Thuringia, in Central Germany.
The region has been a potash producing area for over 100 years.
WATCH: Parkway Minerals looking to partner at Dandaragan Trough as it develops Lake Barlee
Parkway is now heading to market with a capital raising, and the ASX has granted a trading halt to prepare.
The halt will remain in place until the opening of trade on Thursday 21 June 2018, or earlier if an announcement is made to the market.