Welcome to our dedicated page for Millennial Potash news (Ticker: MLPNF), a resource for investors and traders seeking the latest updates and insights on Millennial Potash stock.
Millennial Potash Corp. (MLPNF, TSXV: MLP, FSE: X0D) generates frequent news related to the advancement of its Banio Potash Project in Gabon. Company updates focus on technical milestones, resource estimates, project development studies, and capital markets activities tied to this large potash asset in the West African Evaporite Basin.
Recent news releases highlight an updated NI 43-101 Mineral Resource Estimate for the northern part of Banio, showing substantial increases in Measured, Indicated, and Inferred potash resources in carnallitite and sylvinite. The company has also reported detailed drilling results, such as drillhole BA-004, which intersected over 100 metres of cumulative potash seam thickness at grades above a 13% KCl cut-off, and has described the geological model of multiple evaporite cycles and potash seams.
Millennial Potash’s news flow also covers key development steps, including the initiation of a Definitive Feasibility Study led by ERCOSPLAN and funded in part by a US$3 million commitment from the U.S. International Development Finance Corporation, and the launch of an Environmental and Social Impact Assessment conducted by a consortium led by Artelia. These updates explain how the DFS and ESIA will support the company’s planned mining license application in Gabon.
Investors can also find announcements on insider shareholdings and early warning reports, board and governance changes, and investor relations agreements with firms providing media, research, and digital marketing services. This news page allows readers to follow how Millennial Potash advances Banio from exploration toward development through technical, regulatory, and corporate milestones.
Millennial Potash (OTCQB: MLPNF, TSXV: MLP) announced on November 4, 2025 that the TSX Venture Exchange approved three investor relations agreements previously disclosed on September 19, 2025.
The company corrected a disclosure: Sid Rajeev, CFA (not Brian Tang) will oversee services for Fundamental Research. The Fundamental Research Agreement has an 18-month term that expires on February 26, 2027. Services under all three agreements are currently being provided. Contact details for investor relations and company social channels were provided. The release includes the company’s usual forward-looking statements caution about risks and uncertainties.
Millennial Potash (OTCQB: MLPNF) reported assay results for drillhole BA-004 at the Banio project, returning a 13% cut-off cumulative potash thickness of 101.45m averaging 16.8% KCl. With no cut-off applied, BA-004 shows a cumulative potash thickness of 164.46m averaging 11.86% KCl. Seven evaporite cycles (II–VIII) were logged and carnallitite and sylvinite were identified, including high-grade intercepts to 29.94% KCl in Cycle II. BA-004 sits ~3.7km east of BA-001-EXT and extends known strike to ~8km. The company plans to update its Mineral Resource Estimate after remaining assays and dissolution/geotech testwork are incorporated.
Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) has announced a significant board change with the appointment of Tony Kettinger as Director, replacing Graham Harris. Kettinger, currently serving as COO of Golden Agri-Resources in Singapore, brings extensive agricultural sector experience, particularly in Southeast Asia and China. His background includes 15 years at Cargill Inc. and leadership in one of the world's largest seed-to-shelf agri-businesses, managing over 500,000 hectares of oil palm operations across 14 countries.
The company has also entered into a consulting agreement with departing director Graham Harris for CDN$1,000 monthly over four years. Additionally, Millennial Potash has granted 1,553,000 incentive stock options at an exercise price of $2.88 per share with a five-year term.
Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) has announced three key investor relations agreements to enhance its global market presence. The company has partnered with Vorticom Inc. for media communications ($7,500/month), Fundamental Research Corp. for research coverage (C$29,000), and Proactive Group Holdings for digital marketing services (C$28,000/year).
The agreements include: Vorticom's month-to-month contract for media pitches and communications, FRC's commitment to produce five research reports over 18 months, and Proactive's one-year agreement for digital marketing and virtual investor events through August 2026. All agreements require TSX Venture Exchange approval and will be funded through existing working capital.
Millennial Potash (OTCQB:MLPNF) announced significant drilling results from hole BA-001-EXT at its Banio Potash Project in Gabon. The drill hole intersected 112.5m of carnallitite seams averaging 15.9% KCl (using a 13% cut-off grade) within a broader 220m of potash mineralization.
The results show over 50% thicker cumulative potash seams compared to previous drilling, with six potash Cycles spanning approximately 112m. This significantly exceeds the approximately 70m thick Cumulative zone delineated in previous holes BA-002-EXT and BA-003. The mineralization extends across Cycles II to VII within the Salt Sequence stratigraphy.
These findings could potentially boost the project's existing resources, which currently include an Indicated Resource of 657M tonnes at 15.9% KCl and an Inferred Resource of 1.159B tonnes at 16% KCl. The company plans to update its Mineral Resource Estimate after receiving all pending assay results.
Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) hosted a significant government delegation at its Banio Potash Project in southern Gabon, led by Vice President Séraphin MOUNDOUGA. The delegation, which included key ministers, received a comprehensive site tour and technical briefing featuring potash samples from drill hole BA004 and an ongoing drone LiDAR survey presentation.
The visit highlighted the project's strategic importance to Gabon's economic diversification efforts. The company is currently preparing for an upcoming Feasibility Study, with ongoing activities including exploration, local employment initiatives, and environmental compliance measures. The delegation expressed satisfaction with the project's transparency and professional management.
[ "High-level government support and alignment with national priorities", "Progress on exploration activities with completed drill hole BA004", "Advanced technical capabilities demonstrated through drone LiDAR survey implementation", "Project moving forward towards Feasibility Study phase" ]Millennial Potash (OTCQB:MLPNF) announces two significant developments: the U.S. Department of Interior's inclusion of potash in its 2025 Draft List of Critical Minerals and a US$3 million project development funding commitment from the U.S. International Development Finance Corporation (DFC) for its Banio Potash Project in Gabon.
The Banio Project, strategically located on Gabon's Atlantic coast, demonstrates strong economics with an after-tax NPV10% of US$1.07 billion and a 32.6% IRR. Operating costs are projected at US$61 per tonne of granular potash. Recent drilling has confirmed up to 250 meters of potash-rich horizons at the North Target.
The project's coastal location offers direct shipping routes to the U.S., Brazil, and Africa, supported by nearby infrastructure including an ongoing port construction at Mayumba and a new regional power plant.
Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) has successfully closed its private placement, raising total proceeds of CDN$9,188,880. The placement consisted of 5,928,310 units priced at $1.55 each, with each unit comprising one common share and one-half share purchase warrant.
The warrants are exercisable for two years at CDN$2.20 per share. Commissions of CDN$477,846.65 were paid for non-insider units. The Quaternary Group Ltd. acquired 1,290,323 units, now holding approximately 24.64% of outstanding shares on a non-diluted basis. Proceeds will fund exploration and development of the Banio Potash Project and working capital needs.
Millennial Potash (OTCQB: MLPNF) has announced an increase in its private placement offering from 3,870,968 units to 5,903,226 units at $1.55 per unit, raising total proceeds of $9.15 million, up from the initially planned $6 million.
Each unit consists of one common share and one-half share purchase warrant, with warrants exercisable at $2.20 per share for two years. A 7% commission may apply to portions of the placement. The funds will support exploration and development of the Banio Potash Project and working capital needs. Insider participation is expected to be below 25%, qualifying for exemption from formal valuation requirements.
Millennial Potash (OTCQB: MLPNF) has announced a private placement offering of 3,870,968 units at $1.55 per unit, aiming to raise $6 million in proceeds. Each unit consists of one common share and half of a share purchase warrant, with warrants exercisable at $2.20 per share for two years.
The placement includes significant insider participation, accounting for approximately 50% of the total offering. The proceeds will fund exploration and development of the company's Banio Potash Project and general working capital purposes. A 7% cash commission may be payable on a portion of the placement, which remains subject to TSX Venture Exchange approval.