Allana Potash appoints retired PPIC president to board

Allana Potash Corp (CVE:AAA) announced Wednesday it has appointed former president of the Potash and Phosphate Institute of Canada, Dr. Mark D. Stauffer, to the position of independent chairman of its board.
Having worked in research, education, chemical production and sales, Stauffer has experience in both the private and public sectors.
He has also acted as vice president of international programs at the Potash and Phosphate Institute, now known as the International Plant Nutrition Institute, and has lectured on the role of potash and phosphate in increasing food production and the role of balanced fertilizer practices in maximizing crop yield and income opportunities for the farming community.
"The appointment of an independent Chairman comes at a time when Allana is applying to graduate to the Toronto Stock Exchange," explains president and CEO, Farhad Abasov.
"Mark's advice and guidance to Allana's management in our interactions with various strategic partners, including large fertilizer companies, has been critical.
"The company feels that the appointment is an important step to achieving a more independent operation, while it continues to move the project to the Feasibility Study and advance the Dallol Project towards production."
Indeed, the Dallol project in Ethiopia is quickly progressing. Earlier this month, Allana reported it intersected 24.02% KCI, or potash, over 7.02 metres from Hole 23 in the Kainitite zone.
The presence of strong potash mineralization in Hole 23 suggests strong continuity of the potash horizon across the southern basin, and the deposit remains open in all directions.
There has been no previous drilling in the area and no resource has been calculated as yet in this region, the company said.
Meanwhile, exploration drilling is continuing in the central western part of the property, as part of the infill drilling program designed to add resources and increase confidence in current resources.
On the more junior TSX Venture Exchange, Allana's stock rose 0.76% as of 3:32 pm EDT today, to trade at $1.32 per share.