Australian Potash Ltd (ASX:APC)'s Matt Shackleton tells Proactive they're raising $12 million through a two-tranche placement to bolster financials as the company advances its core Lake Wells Sulphate of Potash (SOP) project in WA. The company has already received firm commitments and the placement shares will rank equally with APC’s existing fully paid ordinary shares on issue.
Australian Potash raising $12 million as it develops and de-risks Lake Wells SOP project
