ASIA PACIFIC RESOURCES - PRIVATE PLACEMENT FINANCING COMPLETED.VANCOUVER, British Columbia--(BUSINESS WIRE)--May 12, 1995--ASIA PACIFIC RESOURCES (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , VSE See DOS/VSE. VSE - Virtual Storage Extended : APQ APQ Accordo di Programma Quadro APQ Association des Paraplégiques du Québec APQ Association des Pathologistes du Québec APQ Art Pepper Quartet (jazz group) APQ Armaments Planning Questionnaire APQ Advanced Placement Question ) Further to the News Release dated March 31, 1995, Asia Pacific Resources Ltd. confirms completion of a private placement financing in the amount of $15.6 million, and receipt of funds. Funds will be allocated to continuing development of the Udon Thani Udon Thani (Thai: อุดรธานี) is a city in the north-east of Thailand (Isan). It has a population of 142,670. potash project in northeast Thailand where some 250 million tonnes of high grade sylvinite sylvinite: see potassium chloride. has been identified at the company's initial potash discovery. The company proposes to commence a detailed study in this area to examine the technical and economic feasibility of a large-scale potash mine. Additionally, concurrently with this study, the company will conduct ongoing exploration and reconnaissance programs to assess the full potential of the large (2,333 sq. kms) potash concession area controlled by Asia Pacific Potash Corp. CONTACT: John M. Darch, Director (604) 681-8003 (604) 662-3180 (Fax) |
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