"Aguia Resources Limited, ("Aguia" or the "Company") (ASX:AGR) is pleased to announce that it has entered into agreements with Dundee Securities Ltd. ("Dundee") and Taylor Collison Limited ("Taylor") (together, the "Agents"), whereby the Agents will offer for sale approximately 18.3 million subscription receipts ("Subscription Receipts") at a price of AUS$0.82 per Subscription Receipt (the "Offering Price") from the Company on a best efforts private placement basis for aggregate gross proceeds of approximately AUS$15,000,000 (the "Offering")."
The key difference between the two stocks is that TRH already owns their Potash assets. AGR are buying the assets in a Potash Bull market.
TRH Price at posting:
80.5¢ Sentiment: None Disclosure: Held