Last C$0.29 CAD
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Volume 4.0K
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As of 4:00 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

potash ridge corp (PRK) Snapshot

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07/25/13 - C$0.45
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potash ridge corp (PRK) Details

Potash Ridge Corporation explores, evaluates, develops, and produces mineral properties in the United States. It explores for alunite deposits to produce sulphate of potash, co-product sulphuric acid, and alumina. It principally holds interests in Blawn Mountain project covering an area of approximately 15,403.7 acres of land located in southern Wah Wah Mountains of Beaver County, Utah. The company was incorporated in 2011 and is based in Toronto, Canada.

16 Employees
Last Reported Date: 05/8/14
Founded in 2011

potash ridge corp (PRK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$315.0K
Chief Financial Officer, Vice President and C...
Total Annual Compensation: C$240.0K
Chief Operating Officer and Vice President of...
Total Annual Compensation: C$240.0K
Vice President and Project Manager
Total Annual Compensation: C$226.6K
Compensation as of Fiscal Year 2013.

potash ridge corp (PRK) Key Developments

Potash Ridge Corporation Receives Mining Permit for its Blawn Mountain Sulphate of Potash Project

Potash Ridge Corporation announced that the Utah Division of Oil, Gas and Mining has approved the Corporation's Notice of Intention to Commence Large Mining Operations at its Blawn Mountain Project. The Corporation filed the NOI with DOGM in December 2013. The approval initiates a public comment period that will end on August 8, 2014. The application has met all the regulatory requirements set out by DOGM for new mining projects in the state.

Potash Ridge Receives Mining Permit for Utah Project

Utah regulators have approved the mining permit for Potash Ridge's Blawn Mountain. The Utah Division of Oil, Gas and Mining approval initiates a public comment period that will close on 8 August, 2014. Potash Ridge's project is the Blawn Mountain Project located in southwestern Utah, where the focus is on the eventual production of sulfate of potash (SOP), which is premium priced fertilizer used with special crops and soil types. The company is projecting annual SOP production of 645,000 tonnes when at full capacity, with the extractable deposits estimated at 26.4 million tonnes over the 40-year lifecycle of the mine. It is also expected there will be significant volumes of sulphuric acid eventually produced at the site. Potash Ridge previously said construction is scheduled to begin in late 2015, with production starting in 2017 and the operation reaching full capacity by 2019. Initial capital cost for the project has been calculated at $1.1 billion, with the company possibly spending an additional $641 million for infrastructure and utility upgrades.

Potash Ridge Corporation Proposes Amendment to By-Law No. 1

The Annual General Meeting Of Potash Ridge Corporation will be held on June 11, 2014. At the meeting, the shareholders will consider to ratifying and confirming the amendment to By-Law No. 1.


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