BRIEF-Potash Ridge receives commitment from NHP Asset Management to invest $1 mln

Tue Apr 5, 2016 5:10pm EDT
 
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April 5 (Reuters) - Potash Ridge Corp

* Potash Ridge receives commitment from NHP Asset Management AG to invest $1,000,000

* Potash Ridge will issue and NHP will acquire 6.67 million units at a price of $0.15 per unit for gross proceeds of $1 million

* Proceeds from private placement will be used to advance company's wholly-owned valleyfield fertilizer and blawn mountain projects Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)