Sept 20 (Reuters) - Encanto Potash Corp EPO.V :
* Has secured a commitment for a CAD $100 million funding facility
* Under funding agreement GEM Investments America, LLC and GEM Global Yield LLC SCS undertake to invest up to CAD $100 million over next 3 years
* Proceeds will be used to commence engineering, design phase of mine in anticipation of a shovel-ready construction date of Sept 2019
* Upon a drawdown notice issued from company shares will be issued at a price 90% of market price subject to a $.05 per share minimum