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Appian Signs C$85,000,000 Credit Financing With Western Potash

PRIVATEApr 29, 2022•about 4 years ago

Amount Raised

$85 Million

London

Description

Appian Capital Advisory LLP ("Appian" or the "Company"), the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies, today announces that it has entered into a C$85,000,000 term loan facility financing transaction (the "Credit Transaction") with Western Potash Corp. ("Western Potash"), the wholly owned subsidiary of Western Resources Corp. ("Western Resources"). Proceeds of the Credit Transaction will enable Western Potash to complete the remaining construction and development of the Milestone Phase I Project (the "Project"), Western Potash's MOP potash project located in Saskatchewan, Canada.

Company Information

Company

Appian Capital Advisory

Location

London, Ontario, Canada

About

Appian Capital Advisory LLP is the investment advisor to long-term value-focused private equity funds that invest solely in mining and mining-related companies. Appian is a leading investment advisor in the metals and mining industry, with global experience across South America, North America, Australia and Africa. It has a successful track record of supporting companies to achieve their development targets, assisting 7 projects to reach production in the last 4 years, with a global operating portfolio overseeing nearly 5,000 employees. Appian has a global team of 54 experienced professionals with presences in London, Toronto, Vancouver, Lima, Belo Horizonte, Montreal and Sydney. For more information please visit www.appiancapitaladvisory.com, or find us on LinkedIn or Instagram. Logo - https://mma.prnewswire.com/media/1720474/Appian_Logo.jpg SOURCE Appian Capital

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