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magna resources ltd (MNA) Details

American Potash Corp. engages in the acquisition and development of potash mineral deposits in the United States and internationally. The company holds various State potash leases that constitute the Green River Potash project in Utah. The company was formerly known as MAGNA RESOURCES LTD. and changed its name to American Potash Corp. in August 2014. American Potash Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Founded in 2006

magna resources ltd (MNA) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$60.0K
Total Annual Compensation: C$150.0K
Compensation as of Fiscal Year 2014.

magna resources ltd (MNA) Key Developments

American Potash Revises Drilling Plans to Advance Utah Project

American Potash announced that it has revised its drilling plan for its Green River Potash Project in Utah in order to establish a mineral resource estimation that will justify advancement of the project to a preliminary economic assessment. Located in the Paradox Basin of eastern Utah, the Green River project is estimated to contain over 600m tonnes of potassium chloride throughout the project's 20,617 hectares (51,000 acres) of holdings. The firm said their new plan for drilling at the potash site is to couple one historic oil and gas well with core drilling to confirm mineralogy and validate the accuracy of down-hole electric logs from local oil and gas wells for use with mineral resource definition. The company did not state when it expects drilling will commence but said as part of these redefined efforts that it will, via the preliminary economic assessment, evaluate the potential to undertake solution mining in the event that drilling does determine a certain scale and quality of resources at the site.

American Potash Corp. Announces Management Changes

American Potash Corp. announced the appointment of Anthony Jackson as Chief Financial Officer of the company. Mr. Jackson is a principal of BridgeMark Financial Corp. Mr. Jackson also founded Jackson & Company. Prior to his time at BridgeMark, Mr. Jackson spent a number of years working at Ernst &Young LLP and obtained his chartered accountant designation before moving on to work as a senior analyst at a boutique investment banking firm. Mr. Jackson is a member of the Institute of Chartered Accountants of British Columbia and Canadian Institute of Chartered Accountants. Most recently, Mr. Jackson has had extensive experience as a director and chief financial officer of numerous publicly traded corporations. Mr. Jackson will replace Alec Peck as CFO.

American Potash Corp. Presents at Vancouver Resource Investment Conference, Jan-18-2015

American Potash Corp. Presents at Vancouver Resource Investment Conference, Jan-18-2015 . Venue: Vancouver Convention Center, 1055 Canada place, Vancouver, British Columbia, Canada.


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