AgriMinco Corp. Announces Amendments to the Joint Venture With Danakil Potash Corp.

November 27 19:22 2013

TORONTO, ONTARIO — (Marketwired) — 11/27/13 — AgriMinco Corp. (the „Company“) (TSX VENTURE: ANO) is pleased to announce that further to the joint venture (the „JV“) between the Company and Danakil Potash Corporation („Danakil Corp.“) as further described in the Company-s press release dated July 4, 2013, the Company, Danakil Corp. and Danakil Holdings Limited („JVCo“, which is 30% owned by the Company and 70% owned by Danakil Corp.) have entered into a Deed of Variation (the „Deed“) with respect to how the Company and Danakil Corp. would operate JVCo and develop the Danakil potash licence in Ethiopia (the „Licence“).

The Deed states that:

About AgriMinco Corp.

AgriMinco Corp. is a Canadian company based in Toronto, Ontario and Addis Ababa, Ethiopia.

Forward-Looking Information

This press release may contain forward-looking statements based on assumptions, uncertainties and management-s best estimates of future events. All statements that address future activities, events or developments that the Company believes, expects or anticipates will or may occur are forward-looking information. Forward-looking information is based upon assumptions by management that are subject to known and unknown risks and uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information. Factors that may cause actual results to vary materially include, but are not limited to changes in general economic conditions or conditions in the financial markets. Such forward-looking information is based on a number of assumptions, including but not limited to, there being no significant decline in existing general business and economic conditions. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligations to update publicly or otherwise revise any forward-looking information, except as may be required by law. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company-s filings with the Canadian securities regulators available on .

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
AgriMinco Corp.
George Roach
Chief Executive Officer and Director
+44 779 626 3999

AgriMinco Corp.
Michael Galloro
Chief Financial Officer and Director
416 907 5644

  Article "tagged" as:
  Categories:
view more articles

About Article Author

write a comment

0 Comments

No Comments Yet!

You can be the one to start a conversation.

Only registered users can comment.