Tag: Banio Potash Project

Millennial Potash Announces Appointment of Mr. Jack Scott as Senior Vice President, Project Development for Its Banio Potash Project

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Millennium Potash
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Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) is pleased to announce the appointment of Mr. John Edward (Jack) Scott, P. Eng, MBA as the Company’s Senior Vice President, Project Development. Mr. Scott will focus on project financing, project infrastructure development including potash transportation infrastructure as well as product offtake agreements in support of the Company’s ongoing Definitive Feasibility Study (“DFS”) for its Banio Potash Project in Gabon. read more

Millennial Closes “Bought Deal” LIFE Offering of $17,537,500 and Concurrent Non-Brokered Private Placement for Total Proceeds of $18,287,500

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Millennium Potash

Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) is pleased to announce that it has closed its previously announced “bought deal” private placement offering (the “LIFE Offering”) of 5,750,000 units of the Company (the “LIFE Units”) at a price of $3.05 per LIFE Unit (the “Offering Price”) for gross proceeds of $17,537,500, including the full exercise of the option granted to the syndicate of Underwriters (as defined below) to purchase up to an additional 15% of the LIFE Units sold under the LIFE Offering. read more

Millennial Engages in Non-Brokered Private Placement of Units for Proceeds of $750,000 Concurrently with Previously Announced Life Financing of $17,357,500

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Millennium Potash

Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) is pleased to announce that, in response to its previously announced LIFE Financing being fully subscribed including the overallotment for a total of $17,357,500, it will conduct a private placement (the “Concurrent Offering”) of up to approximately 245,900 units (the “Concurrent Units” at a price of $3.05 per Unit for proceeds of approximately $750,000. read more

Millennial Announces “Bought Deal” Private Placement LIFE Offering for Proceeds of $15,250,000

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Millennium Potash

Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) is pleased to announce that it is conducting a “bought deal” private placement offering (the “LIFE Offering”) of 5,000,000 units of the Company (the “Offered Units”) at a price of $3.05 per Offered Unit for aggregate gross proceeds of $15,250,000. Each Offered Unit will consist of one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (each full warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $4.00 at any time until the date which is three years from the Closing Date (as defined below). read more

Millennial Potash Files Updated Mineral Resource Estimate Report for Its Banio Potash Project

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Millennium Potash
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Millennial Potash Corp. (TSXV: MLP) (OTTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) is pleased to announce that on December 29, 2025 MLP filed the technical report “Updated Mineral Resource Estimate for the North Target of the Banio Potash Project, Mayumba Permit, Republic of Gabon” dated December 29, 2025 with SEDAR in compliance with NI 43-101. The technical report was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH and authored by Dr. Sebastiaan van der Klauw, Ph.D., EurGeol. The Banio Potash Project Updated Mineral Resource Estimate has an effective date of Nov. 11, 2025. read more

The Quaternary Group Ltd. Purchases a Further 2,843,600 Shares of Millennial Potash Corp

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Millennium Potash
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Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) announce that the Quaternary Group Ltd. (the “Acquiror”) and the Company as required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and is issued in connection with the acquisition below of ownership of securities of the Company by The Quaternary Group Ltd. (the “Acquiror”). read more

Millennial Potash Corp. Initiates Its Environmental and Social Impact Assessment at the Banio Potash Project, Gabon

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Millennium Potash

Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) is pleased to announce that it has initiated its Environmental & Social Impact Assessment at its Banio Potash Project in Gabon. The Company has engaged a consortium led by Artelia, Société par Actions Simplifée (“Artelia”) and including Biotope Afrique Centrale and Insuco Gabon to complete the ESIA. The group has extensive experience with large scale projects globally and throughout Africa including mining projects and the ESIA will be compliant with IFC performance Standards. read more

Millennial Potash Applauds the Official Addition of Potash to the 2025 List of Critical Minerals as Financial Times Mentions U.S. DFC Commitment to Millennial’s Banio Potash Project in Gabon

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Millennium Potash

Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (“MLP”, “Millennial” or the “Company”) commends the recent announcement that potash has officially been added to 2025 List of Critical Minerals, released on Nov. 6th 2025 by the U.S. Geological Survey. This inclusion in the Official List comes as the U.S. International Development Finance Corporation (“DFC”) commits US$3 million in project development funding for Millennial’s Banio Potash Project in Gabon, recognizing its strategic role in potentially strengthening U.S. and West Africa food security and supply chain resilience. read more

Millennial Potash Corp. Accelerating Development of High-Grade, Drill-Proven Acquisition with Seasoned Development Team

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Millennium Potash

Millennial Potash Corp. (OTC PINK: BMGCF) (TSXV: MLP) (FSE: X0D) has entered the almost $30 billion global potash industry after acquiring the Banio Potash Project (Banio) in Gabon, West Africa.  It’s a shallow, high-grade, and drill-proven multi-billion tonne potash target previously owned by Equatorial Potash that will now see its development accelerated.  Millennial Potash, formerly Black Mountain Gold USA Corp., may have a familiar ring to it and its management team may be familiar to many investors in the mining industry as well.  If you were part of the $490-million buyout of Millennial Lithium by Lithium Americas where early investors realized +1,300% returns, then you’ll recognize the Millennial name and Millennial Potash’s seasoned M&A and mining development professionals. read more