Intrepid Potash,Inc. (NYSE:IPI) Files An 8-K Other Events
Item 8.01. Other Events.
On December15, 2016,Intrepid Potash,Inc. (Intrepid)
announced that it has engaged Cantor Fitzgerald Co. to assist in
assessing and evaluating and, if determined appropriate by
Intrepid, pursuing potential strategic alternative transactions,
as required under the Amended and Restated Note Purchase
Agreement, dated as of October31, 2016, and amended as of
November9, 2016, by and among Intrepid and the purchasers named
therein. On December15, 2016,Intrepid issued a press release
announcing the same. A copy of this press release is included as
Exhibit99.1 to this report.
Item 9.01. Financial Statements and
Exhibits.
(d) Exhibits
|
ExhibitNo. |
|
Description |
|
99.1 |
Press Release dated December15, 2016 |
About Intrepid Potash, Inc. (NYSE:IPI)
Intrepid Potash, Inc. is a producer of muriate of potash (potassium chloride or potash) and langbeinite (sulfate of potash magnesia) in the United States, which it markets and sells as Trio. The Company operates in the extraction, production and sale of potassium containing products segment. Its products are potash and Trio. The Company also produces salt, magnesium chloride and metal recovery salts from its potash mining processes. It owns approximately three solution mining facilities and over two conventional underground facilities that are utilized for producing potash. Its solution mining production comes from the HB mine near Carlsbad, New Mexico, a solution mine near Moab, Utah, and a brine recovery mine in Wendover, Utah. The Company’s production comes from its underground West and East mines near Carlsbad, New Mexico. Intrepid Potash, Inc. (NYSE:IPI) Recent Trading Information
Intrepid Potash, Inc. (NYSE:IPI) closed its last trading session down -0.18 at 2.23 with 1,522,837 shares trading hands.
