Allana Resources

Allana Resources is a Canadian potash company focusing on the exploration and development of a previously explored Dallol potash property in the Danakil Depression, Ethiopia. The Danakil Depression had small-scale potash production in the 1920’s and was extensively explored in the 1960’s with nearly 300 potash drill holes. The Company has a strong management with experience in potash industry and 43-101-compliant inferred resources of over 100 million tonnes of potash mineralization.

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Allana Resources Inc (TSX VENTURE:AAA) ("Allana" or the "Company"), is pleased to announce that the Company has completed its previously announced private placement financing of units ("Units") of...