News & Videos - INTREPID POTASH INC - Page 3

DENVER; December 15, 2016 - Intrepid Potash, Inc. (NYSE:IPI) ("Intrepid") today announced it has engaged Cantor Fitzgerald & Co. ("Cantor Fitzgerald") to assist in assessing potential strategic alternatives available to Intrepid. "Cantor Fitzgerald brings to the table significant mining and minerals experience and a global full-service investment banking suite that can assist us throughout the process of evaluating our alternatives and pursuing a thoughtful path forward," said Bob Jornayvaz,...

DENVER, November 2, 2016 - Intrepid Potash, Inc. (Intrepid) (NYSE:IPI) today reported its results for the third quarter and first nine months of 2016. Third Quarter Results Net loss of $18.2 million, or $0.24 per diluted share, compared with net loss of $8.1 million, or $0.11 per diluted share, in the third quarter of 2015. Potash pricing drives potash sales revenue decline of 16% to $35.4 million in the third quarter of 2016 compared with the third quarter of 2015, partially offset by volume...

DENVER; October 31, 2016 - Intrepid Potash, Inc. (NYSE:IPI) today announced it has reached an agreement with its noteholders to amend the terms of its senior notes. Concurrently, Intrepid entered into a new revolving credit agreement with Bank of Montreal, which provides additional borrowing capacity of up to $35 million, subject to a borrowing base limitation. "We are grateful for the thoughtfulness and dedication exhibited by our lending partners throughout these negotiations and to all of our...