Canada Coal, Potash Ridge extend deadline on Valleyfield Fertilizer transaction

摘要

HOUSTON (ICIS)--Canadian producer Potash Ridge and Canada Coal have extended the deadline to strike a deal for the assets of Valleyfield Fertilizer Corp, a wholly owned subsidiary of Potash Ridge, Canada Coal announced on Wednesday. The non-binding letter of intent signed in November 2017 outlined the potential for a purchase, joint venture or other transaction for Valleyfield but contained no proposed terms or compensation for any potential transaction between the two parties.