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Ethiopian Potash Signs Agreements for Danakil Property

Ethiopian Potash Corp. (FED.V) has executed definitive agreements in respect of, among other things, the early exercise of the company's option to acquire G and B Central African Resources Ltd., which owns the Danakil Property, and the forming of a joint venture with Danakil Potash Corporation regarding the Danakil Property.

The definitive agreements supersede and replace the memorandum of understanding dated January 30, 2013, among EPC, Danakil Corp., G&B, ZRH Nominees (0105) Ltd. and Premier African Minerals Ltd.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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