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OUTLOOK
Allana Potash Corp.
Management’s Discussion and Analysis
For the three months ended October 31, 2012
The Company will continue to focus on its potash exploration and development projects in Ethiopia and
Argentina and will continue to look for projects that complement its properties in Ethiopia and Argentina in
order to accomplish its objective to become a leading emerging potash exploration company outside of the
major potash regions in Canada and Russia.
OTHER MD&A REQUIREMENTS
Additional information relating to the Company is available under the Company’s profile on SEDAR at
www.sedar.com.
SUMMARY OF SECURITIES AS AT DECEMBER 14, 2012
As at December 14, 2012 the following common shares, common shares purchase options, share purchase
warrants and special performance shares were issued and outstanding:
� 240,133,279 common shares;
� 35,609,972 common shares placed in escrow under terms of Nova Merger Agreement;
� 15,070,000 common share purchase options with exercise prices ranging from $0.15-$2.00 expiring
between June 19, 2013 and December 4, 2017;
� 6,368,910 share purchase warrants with exercise prices ranging from $0.88-$2.08 expiring between
August 2, 2013 and October 18, 2016.
LIST OF DIRECTORS AND OFFICERS
Mark Stauffer Chairman of the Board
Farhad Abasov Director, President and Chief Executive Officer
Lewis MacKenzie Director
Rick Lacroix Director
Diana Walters Director
Deborah Battiston Chief Financial Officer
Peter MacLean Senior Vice President, Exploration
Nejib Abba Biya Senior Vice President, Business Development
Jack Scott Senior Vice President, Strategic Projects
Richard Kelertas Senior Vice President, Corporate Development
Jason Wilkinson Vice President, Danakil Operations
Brianna Davies Corporate Secretary
December 14, 2012
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