This is how it should be done.

http://www.allanapotash.com/news/2015/index.php?&content_id=234

Toronto, Ontario, March 26, 2015 -- Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) (“Allana” or the “Company”) is pleased to announce that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Israel Chemicals Ltd. (“ICL”), pursuant to which ICL will acquire, through an indirect wholly-owned subsidiary, all of the outstanding common shares of the Company (the “Common Shares”) not currently owned by ICL or its affiliates (the “Transaction”). The Transaction will be effected by way of a court-approved plan of arrangement (the “Arrangement”) under the Business Corporations Act (Ontario). [A conference call with investors will be held on Friday March 27, 2015 at 8:30am EST- please see below for full details].

The Arrangement Agreement provides that shareholders of the Company (the “Shareholders”) will be entitled to receive $0.50 in cash, except for Liberty Metals and Mining Holdings, LLC (“LMM”) who will receive the equivalent consideration of $0.50 in ordinary shares of ICL, for each Common Share exchanged. Based on the closing price of the Common Shares on March 26, 2015, the transaction value of $0.50 per Common Share represents a 51.5% premium to Allana’s closing Common Share price of $0.33 on the last trading day before the announcement of the Transaction and a 37% premium to Allana’s 20-day volume-weighted trading price of $0.365/share on March 26, 2015.

Farhad Abasov, President and CEO of Allana, commented “Allana’s Board and management believe that the Arrangement provides a very attractive opportunity for the Company’s shareholders to realize full liquidity at a substantial premium to the market price of Allana’s Common Shares. Allana has developed a very attractive project, but considering the generally challenging financial environment for junior mining companies we would expect the short and long-term financing needs of Allana to include potentially significant dilution to Allana’s current shareholders. We believe that this transaction provides the best liquidity opportunity for shareholders and firmly validates the efforts of the last six years of development by the Allana team. Allana thanks all shareholders and stakeholders for their support and encouragement over the years. We also congratulate the people and government of Ethiopia on this major milestone in the path to the full realization of the project for the benefit of the Ethiopian people.”