Canada Golden Fortune Potash Corp is pleased to announce that it has entered Memorandum of Understanding with fertilizer distribution companies, which include Anhui Huilong Agricultural Group. According to the Memorandum of Understanding, Canada Golden Fortune Potash Corp will enter into legal-binding Sales Partnership Agreement (SPA) with the fertilizer distribution companies at an appropriate time in the future.

Figure 1 – Signing MOU with Anhui Huilong Agricultural Group

Figure 2 – Delegation of Anhui Huilong Agricultural Group visiting the proposed plant site of Broadview potash project

Canada Golden Fortune Potash Corp is a potash company engaged in the exploration and development of potash mineral properties in Saskatchewan. CGFPC is committed to building a technologically advanced and environmental-friendly potash solution mine in the Saskatchewan potash belt. CGFPC is founded at City of Saskatoon in 2014. CGFPC currently holds 100% right of two potash properties, which are KL280 (Broadview) project and KL282 (Redstone) project.

The KL280 (Broadview) project is the preferential project that is located about 120km east of Regina. The potash resource is about 6 billion tonnes in the KL280 property and the potash grade is 26% – 28% in the proposed mining interval. The planned capacity of KL280 (Broadview) project is 1 million tonne KCl per year. The Saskatchewan Ministry of Environment issued approval on the Environmental Assessment of the Broadview Project in January 2019.