AAA: Strategic Investment from IFC

RICHARD KELERTAS, Dundee Capital Markets (03/25/2011)
"Allana Potash announced Thursday a private placement with World Bank Group Member International Finance Corporation (IFC) for total gross proceeds of $10 million. . .[to] help fund the remaining drilling program, feasibility study and for general corporate purposes. We consider Allana our top pick amongst the junior potash explorers/developers. . .[with] an NI 43-101-compliant resource estimate of 105 Mt. inferred KCl, which we strongly believe will have a significant upward revision once the updated NI 43-101 is prepared and completed in May of this year."

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