Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) Secures $807,000 from Warrant Exercises to Advance Murdock Mountain Project
Disseminated on behalf of Nevada Organic Phosphate Inc. (CSE: NOP) (OTCQB: NOPFF) and may include paid advertising. Nevada Organic Phosphate, targeting the growing need for phosphate fertilizer for the expanding organic foods market, has received proceeds from the exercise of 14.6 million warrants. The company’s cash on hand now totals approximately $1.25 million, and the capital will help support Phase II drilling at the Murdock Mountain Project in Nevada. The Murdock Mountain deposit may represent one of the only large-scale organic sedimentary phosphate resources in North America. Remaining warrants could generate roughly $2.46 million if exercised. Nevada Organic Phosphate (CSE:…