03:47 PM EST - Allana Potash Corp. : announced that the Company has signed a Memorandum of Understanding ("MOU") for the development and operation of Allana's potash terminal at the Tadjourah Port to be constructed by the Djibouti Port and Free Zones Authority ("DPFZA"). The MOU defines the terms and intent of the parties regarding: specific allocation and use of lands within Tadjourah Port for Allana's potash terminal; integration of designs, construction services to be provided by DPFZA to Allana at the Tadjourah port; and cooperation in advancing discussions and agreements with governments regarding regulatory, import/export and other sovereign terms, and completion of road and rail infrastructure serving time to meet the operational needs of DPFZA and Allana. Allana Potash Corp.
shares T.AAA are trading up $0.01 at $0.61.
