DJ African Potash Ltd.: Termination of discussions re proposed acquisition
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African Potash Ltd. (AFPO) African Potash Ltd.: Termination of discussions re proposed acquisition 20-Oct-2017 / 17:11 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 20 October 2017 AFRICAN POTASH LIMITED ("African Potash" or the "Company") Termination of discussions re proposed acquisition On 21 April 2017, African Potash announced that it had signed a Letter of Intent ('LoI') in connection with the proposed acquisition by the Company of Onshore Energy Limited ('OEL'), a private investment company that invests in unquoted companies ( the 'Acquisition'). In light of the recent progress made with the Company's African fertilizer business, the Board has agreed that there would be no benefit in pursuing the acquisition. The Directors of the Company accept responsibility for the content of this announcement. **ENDS** For further information visit www.africanpotash.com  or contact the following: For further information, please contact: African Potash Limited Chris Cleverly +44 (0) 20 7408 9200 NEX CORPORATE ADVISER: Alexander David Securities Limited David Scott -Corporate Finance +44 (0) 20 7448 9820 James Dewhurst - Corporate Broking +44 (0) 20 7448 9820 ISIN: GG00B4QYTJ50 Category Code: OTT TIDM: AFPO Sequence No.: 4771 End of Announcement EQS News Service 621069 20-Oct-2017 1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=7cfd933424f56031988753a0aea19d9b&application_id=621069&site_id=vwd_london&application_name=news
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October 20, 2017 12:14 ET (16:14 GMT)