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Director buying at American Potash (:AMP)

Updated Thursday May 25, 2017 02:20 AM EDT

John Angus Greig, a Director, acquired 1,000,000 Common Shares on an indirect ownership basis for registered holder JAG HOLDINGS LTD at a price of $0.100 through a private transaction on May 19th, 2017. The insider also acquired 1,000,000 Warrants with at an exercise price of $0.150 for 12 months. This represents a $100,000 investment into the company's shares and an account share holdings change of 100.0%.

American Potash is in the Agricultural Chemicals Sub Industry Group under the Basic Materials Sector.

American Potash Corp. is a Canada-based exploration-stage company. The Company engages in the acquisition and development of potash mineral deposits in the United States and elsewhere. The Company's project is the Green River Potash Project (GRPP), which comprises 11 state potash leases totaling 2,853 hectares. The GRPP is situated approximately 32 kilometers west of Moab in the Paradox Basin in Utah, which contains the stratigraphic sequence of evaporite/salt layers. The Company also holds potash prospecting permits and permit applications (PPAs) totaling 17,767 hectares and 160 lithium placer claims totaling 1,295 hectares staked over a portion of the federal potash PPA area. The Company holds 100% title to the potash mineralization through the state leases, including all chlorides, sulfates, carbonates, borates, silicates and nitrates of potassium; 100% title to the lithium placer claims through staking, and a 100% option on the PPAs. The Company has no operating revenue.

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