Millennial Potash Completes Milestones and Earns 70% of Banio Potash Project
West Vancouver, British Columbia--(Newsfile Corp. - July 9, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has earned a total 70% interest in the shares of Equatorial Potash Pty. Ltd. ("Equatorial") which, through its Gabon subsidiary Mayumba Potasse SARL, holds 100% of the Banio Potash Project. To earn 70% (which represented an increase of 19% from the previously held 51% of the shares of Equatorial),...
2024-07-09 8:00 AM EDT
Millennial Announces Closing of First Tranche of Private Placement for Proceeds of $1,481,000
West Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed the first tranche of its private placement (the "Private Placement").The Private Placement was for a total of 5,924,000 units (the "Units") at a price of $0.25 for proceeds of $1,481,000. Each Unit consisted of one common share and one-half share purchase warrant. Each of the 2,962,000 whole...
2024-06-18 4:31 PM EDT
Millennial Potash Files Preliminary Economic Assessment Technical Report for its Banio Potash Project
West Vancouver, British Columbia--(Newsfile Corp. - June 6, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that on June 6, 2024 it has filed the technical report "NI 43 101 Preliminary Economic Assessment Technical Report on the Banio Potash Project, Gabonese Republic", dated June 4, 2024 with SEDAR in compliance with NI 43-101. The technical report was completed by Micon International Ltd. and Agapito Associates Inc., and...
2024-06-06 8:00 AM EDT
Millennial Potash Announces Private Placement For Proceeds Of Up To $2,000,000
West Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce a private placement (the "Private Placement") of up to $2,000,000 consisting of the sale of up to 8,000,000 units (the "Units") at a price of $0.25 per unit. Each Unit will consist of one common share and one-half (1/2) of one common share purchase warrant with each whole warrant (a "Warrant")...
2024-06-03 8:00 AM EDT
Millennial Potash Completes Positive PEA with After-Tax NPV(10) of $1.07B and IRR of 32.6% for its Banio Potash Project
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce the completion of a Preliminary Economic Assessment ("PEA") on its Banio Potash Project. The PEA was completed by Micon International ("Micon") in partnership with Agapito Associates Inc. ("Agapito") and yielded the following highlights:Optimal annual production rate of 800,000 Tonnes per Year (TPY) of primarily granular K60 Muriate of Potash (gMOP) $1.07B after-tax NPV(10) and...
2024-04-23 8:00 AM EDT
Millennial Potash Files Mineral Resource Estimate Technical Report for its Banio Potash Project and Earns 51% of Project
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that on February 20th, 2024 it has filed the technical report "Initial Mineral Resource Estimate for the North Target of the Banio Potash Project, Mayumba Permit, Republic of Gabon" ("MRE"), with SEDAR in compliance with NI 43-101. The technical report was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH ("ERCOSPLAN") and was...
2024-02-20 8:00 AM EST
Millennial Potash Provides Gas-to-Power Plant Update at Its Banio Potash Project
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to provide an update on infrastructure developments near its flagship Banio Potash Project in Gabon. Perenco Oil and Gas Gabon reported Feb. 1 that it has entered into a Memorandum of Understanding ("MOU") with the Government of Gabon to commence the first phase (20Mw) of a Gas-to-Power Project in Mayumba, Gabon. Construction on...
2024-02-06 8:00 AM EST
Millennial Potash Announces Maiden Mineral Resource Estimate in the Northern Part of the Banio Potash Project: Indicated Mineral Resources of 657 Million Tonnes of 15.9% KCl and Inferred Mineral Resources of 1.159 Billion Tonnes of 16.0% KCl
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce the results of a maiden Mineral Resource Estimate ("MRE") for the northern part of its Banio Potash Project in Gabon. The estimate was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH ("ERCOSPLAN"), an established potash specialist with significant experience in the Congo Basin. The MRE includes new assay data from historic...
2024-01-16 8:00 AM EST
Millennial Announces Closing of Private Placement for Proceeds of $1,092,500
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed a private placement (the "Private Placement").The Private Placement was for a total of 5,750,000 shares (the "Shares") at a price of $0.19 for proceeds of $1,092,500. Commissions on the Private Placement totalling CDN$38,237.50 will be paid in connection with closing the Private Placement. The Shares are...
2023-12-07 4:31 PM EST
Millennial Potash Gets Full Support During Important Meetings with Gabonese President and Other Top Officials
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that its Chairman, Farhad Abasov, held an important meeting with His Excellency Brice Clotaire OLIGUI NGUEMA, the President of the Republic and Head of State of Gabon on November 30, 2023, at COP28 United Nations Climate Change Conference in the UAE.The President of Gabon kindly received the Millennial Potash Chairman at COP28 in...
2023-12-04 8:00 AM EST
Millennial Potash Expands High-Grade Potash Mineralization at Depth Increasing Potash Thickness to 80 Meters in the Northern Part of the Banio Project
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report analytical results from the extension of historic drillhole BA-002 (Fig. 1). Millennial Potash has extended Hole BA-002 to a depth of 552.50m and has intersected additional intervals of potash mineralization beyond the previous drilling depth. Potash Cycle IV returned 17.1% KCl over 4.16m and potash Cycle III returned 18.7% KCl over...
2023-11-14 8:00 AM EST
Millennial Potash Drillhole Resampling Results for BA-003 Further Confirms Extensive Robust Potash Horizons Including 28.6m of 58.9% Carnallite
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report it has received analytical results for the resampling program of hole BA-003 at its Banio Potash Project. Results confirm that BA-003 intersected evaporite Cycles V, VI, VII and VIII cutting 17 carnallitite seams including up to 28.61m of 58.9% carnallite (15.8% KCl), and 4 sylvinite seams. Interpretation of the data confirms previous...
2023-10-30 8:00 AM EDT
Millennial Potash Continues with Its Phase 1 Exploration Program as the Situation in Gabon is Stable
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report that the situation on the ground in Gabon remains calm and MLP's operations at its Banio Potash Project remain unaffected by the recent change in government. In addition, MLP is pleased to report that the extension of historic drillhole BA-002 has been completed to a depth of 552.50m and several intervals of...
2023-09-06 8:00 AM EDT
Potash Mineralization Intersected in the Extension of BA-002 and Update on the Gabon Post-Election Situation and Recent Private Placement
West Vancouver, British Columbia--(Newsfile Corp. - August 30, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report that the drilling of the extension to BA-002 is in progress and has intersected potash mineralization beyond the bottom of the historic drillhole. In addition, Millennial is providing an update on the political situation in Gabon following elections on Aug. 26 and the status of the private placement announced on Aug....
2023-08-30 10:02 AM EDT
Millennial Announces Private Placement of 1,600,000 Units for Proceeds of $640,000
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Millennial Potash Corp. (TSXV:MLP) (OTCQB:MLPNK) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it is engaging in a non-brokered private placement (the "Private Placement") of 1,600,000 units (the "Units") at a price of $0.40 per Unit. Each Unit is comprised of one common share and one-half of one share purchase warrant exercisable at a price of $0.60 per share for a period of two years from...
2023-08-28 8:30 AM EDT
Millennial Announces Closing of Private Placement for Proceeds of $2,000,000
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed its private placement (the "Private Placement") first announced on July 21, 2023.The Private Placement was for a total of 5,000,000 units (the "Units"). Each Unit consisted of one common share and one-half share purchase warrant. Each of the 2,500,000 whole share purchase warrants are exercisable for a...
2023-08-04 4:31 PM EDT
Millennial Announces Private Placement of 5,000,000 Units for Proceeds of $2,000,000
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it is engaging in a non-brokered private placement (the "Private Placement") of up to 5,000,000 units (the "Units") at a price of $0.40 per Unit. Each Unit is comprised of one common share and one-half of one share purchase warrant exercisable at a price of $0.60 per share for a period...
2023-07-21 8:00 AM EDT
Millennial Potash Reports Drillhole Resampling Results from BA-002 Confirm Robust Potash Horizons up to 28.8m
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report it has received analytical results for the resampling program of hole BA-002 at its Banio Potash Project (the "Project"). Results confirm that BA-002 intersected evaporite Cycles V, VI, VII and VIII cutting 13 carnallitite seams including up to 28.81m of carnallite. Interpretation of the data confirms previous values reported by the previous...
2023-07-20 8:00 AM EDT
Millennial Potash Reports Arrival of New Drill Rig and Initiation of Drilling at Its North Target
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report the arrival of a new universal drill rig, with associated drilling supplies and machinery, at its Banio Potash Project in Gabon. The new drill rig has been mobilized to the site of historic drillhole BA-002 in preparation for the extension of this hole to test the occurrence of additional potash cycles at...
2023-07-12 8:00 AM EDT
Infrastructure Build Continues with Gas Line and Power Plant Development for Mayumba Further De-Risking the Millennial Potash Project
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to provide an update on additional infrastructure build-up in the Mayumba region near the Company's Banio Potash Project. The Gabonese government, Perenco Oil & Gas Gabon ("POGG"), and Gabon Power Company signed a Memorandum of Understanding on April 6th, 2023, for the development of a 21MW power plant to be powered by natural gas,...
2023-07-05 8:00 AM EDT