Overview of Australian Potash's Share Offer

Australian Potash Limited (ASX: $APC) has announced the issuance of up to 6,000,000,000 Shares at an issue price of $0.001 per Share, aiming to raise up to $6 million. The Share Offer is partially underwritten up to $2.75 million by Canaccord Genuity (Australia) Limited. The purpose of the Offer is to raise sufficient funds to enable the Company to apply for the reinstatement of its Securities to trading on ASX.

Executive Commentary on Share Offer and Corporate Governance

The board anticipates significant expenditure in the evaluation and development of the company's projects, with no current intention to declare dividends. The company's corporate governance policies and practices are in compliance with the ASX Corporate Governance Council Principles and Recommendations.

Overview of Australian Potash's Operations and Governance

Australian Potash Limited (APC) has issued options on the basis of one option for every two shares subscribed for under the offer. The company will issue performance rights to key personnel subject to shareholder approval. The board anticipates significant expenditure in the evaluation and development of the company's projects, with no current intention to declare dividends. The company's corporate governance policies and practices are in compliance with the ASX Corporate Governance Council Principles and Recommendations. The announcement also covers detailed information on various aspects of the company's operations and governance, providing insights into its governance, financial arrangements, and operational policies, offering a comprehensive view of its current status and future prospects.