Saturday, January 14, 2012

Potash company raises funds for Arizona exploration program

Passport Potash reports they raised $7.5 million from the private sale of warrants, that will be used for general operations and further exploration of their lands overlying the Holbrook potash deposit in eastern Arizona. [Right, Passport's land holdings]

The Arizona Oil & Gas Conservation Commission expects more exploration drilling in the region during 2012.

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