Highfield Resources (ASX: HFR) on track to becoming a globally diversified potash producer (w/ Ignacio Salazar)

Highfield Resources (ASX: HFR) chief executive officer Ignacio Salazar joins Small Caps to discuss the company's recent game-changing strategic corporate deal. The company recently signed a transformative proposed transaction to finance its Muga potash mine in Spain and acquire a potash project (Southey) in Saskatchewan, Canada. Muga has attracted vital funding interest with the signing of a Letter of Intent for cooperation with Yankuang Energy Group. The proposed transaction would entail the funding of US$220 million of equity capital from strategic investors. Yankuang Energy intends to provide up to US$90 million to support the cornerstone placement with the other strategic investors providing the rest. Muga is considered shovel-ready, and Highfield recently signed the contract for the construction of the civil works and the ramps at Muga. For more information on Highfield Resources:https://smallcaps.com.au/stocks/asx-hfr/See omnystudio.com/listener for privacy information.