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South Harz Potash Ltd Revises Quarterly Report and Advances Ohmgebirge Project

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South Harz Potash Ltd Revises Quarterly Report and Advances Ohmgebirge Project

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South Harz Potash Ltd ( (AU:SHP) ) has provided an announcement.

South Harz Potash Ltd has revised its December 2024 Quarterly Activities Report, correcting the cash balance to $566,808. The company is progressing with the acquisition of the Sollstedt mine and has raised approximately A$2.2 million in new equity. They are also working with Cutfield Freeman & Co to explore funding pathways for the Ohmgebirge project, aiming to advance it to the definitive feasibility stage. The company is strategically positioning itself in a strengthening potash market by reducing overheads and seeking strategic partnerships.

More about South Harz Potash Ltd

South Harz Potash Ltd is a company operating in the potash industry, focusing on the development and acquisition of potash mining projects. Its primary market focus is on the European region, leveraging regional mining infrastructure and logistics advantages.

Average Trading Volume: 496,133

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$8.66M

See more data about SHP stock on TipRanks’ Stock Analysis page.

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