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The latest announcement is out from Millennial Potash ( (TSE:MLP) ).
Millennial Potash Corp. has applied to extend the expiry date of 3,591,500 share purchase warrants from February 28, 2025, to February 28, 2028, maintaining the exercise price at 75 cents per share. This extension, which involves warrants held by related parties, is considered a related-party transaction, but the company is exempt from certain regulatory requirements due to the market value of the warrants held by insiders not exceeding 25% of its market capitalization.
More about Millennial Potash
Millennial Potash Corp. operates in the potash industry, focusing on the exploration and development of potash resources. The company is involved in the Banio Potash Project, with an emphasis on securing necessary approvals and managing risks associated with market conditions and regulatory changes.
YTD Price Performance: 26.47%
Average Trading Volume: 62,001
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$33.04M
See more data about MLP stock on TipRanks’ Stock Analysis page.