May 20, 2016 / 9:04 PM / in a year

BRIEF-Potash Ridge announces private placement of up to $1.4 mln

May 20 (Reuters) - Potash Ridge Corp

* Each unit is priced at $0.25 and is comprised of one common share in capital of Potash Ridge and one-half of one common share purchase warrant

* Says proceeds will be used to advance company’s wholly owned valleyfield Fertilizer and Blawn Mountain projects

* Proceeds from private placement will be used to advance company’s wholly-owned Valleyfield Fertilizer and Blawn Mountain Projects

* Potash Ridge announces private placement of up to $1.4 million Source text for Eikon: Further company coverage:

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