Sets out the initial terms and conditions for entering into a formal off-take agreement at such time as Pacific Potash’s Amazonas Potash Property goes into commercial production
If the Amazonas Potash Property is developed into a mine, the parties will enter into a formal off-take agreement pursuant to which Pacific Potash will sell and CapitalAsia Group or a purchaser designated by it will buy up to 1 million tones of potash per year
The off-take agreement will be for the lesser of 20 years or the life of the mine.