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Highfield Resources (ASX: HFR) on track to becoming a globally diversified potash producer (w/ Ignacio Salazar)

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Content provided by Small Caps. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Small Caps or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Highfield Resources (ASX: HFR) chief executive officer Ignacio Salazar joins Small Caps to discuss the company's recent game-changing strategic corporate deal.

The company recently signed a transformative proposed transaction to finance its Muga potash mine in Spain and acquire a potash project (Southey) in Saskatchewan, Canada.

Muga has attracted vital funding interest with the signing of a Letter of Intent for cooperation with Yankuang Energy Group. The proposed transaction would entail the funding of US$220 million of equity capital from strategic investors.

Yankuang Energy intends to provide up to US$90 million to support the cornerstone placement with the other strategic investors providing the rest.

Muga is considered shovel-ready, and Highfield recently signed the contract for the construction of the civil works and the ramps at Muga.

For more information on Highfield Resources:
https://smallcaps.com.au/stocks/asx-hfr/

See omnystudio.com/listener for privacy information.

  continue reading

128 episoade

Artwork
iconDistribuie
 
Manage episode 434243743 series 2701497
Content provided by Small Caps. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Small Caps or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Highfield Resources (ASX: HFR) chief executive officer Ignacio Salazar joins Small Caps to discuss the company's recent game-changing strategic corporate deal.

The company recently signed a transformative proposed transaction to finance its Muga potash mine in Spain and acquire a potash project (Southey) in Saskatchewan, Canada.

Muga has attracted vital funding interest with the signing of a Letter of Intent for cooperation with Yankuang Energy Group. The proposed transaction would entail the funding of US$220 million of equity capital from strategic investors.

Yankuang Energy intends to provide up to US$90 million to support the cornerstone placement with the other strategic investors providing the rest.

Muga is considered shovel-ready, and Highfield recently signed the contract for the construction of the civil works and the ramps at Muga.

For more information on Highfield Resources:
https://smallcaps.com.au/stocks/asx-hfr/

See omnystudio.com/listener for privacy information.

  continue reading

128 episoade

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