Western Potash Corp. Announces Exercise of Expiring $0.75 Warrants
Vancouver, April 21, 2011, Western Potash Corp. (the "Company") (TSX.V: WPX, FSE: AHE) is pleased to announce that 37,306,800 of the company's $0.75 share purchase warrants that were granted in conjunction with financings and share/unit issuances on October 15, October 22 and December 21, 2007 and January 14, 2008 were exercised during the period of October 1, 2010 to April 15, 2011. The exercise of these warrants adds $27,980,100 to the company's treasury, which has been utilized to develop the Milestone project and will be used to complete the Feasibility process already underway and for general working capital.
On April 16, 2011 the remaining 2,921,800 of the $0.75 share purchase warrants expired.
About Western Potash
Western Potash Corp. is a mineral exploration company engaged in the evaluation, exploration and development of potash mineral properties in Western Canada. The Company intends to define and develop a world-class potash deposit in an ecologically sustainable, economically efficient and socially responsible manner.
For more information on Western Potash Corp.’s projects, please visit the Company’s website at: www.westernpotash.com.
ON BEHALF OF THE BOARD OF DIRECTORS
“J. Patricio Varas”
J. Patricio Varas
President and CEO
For further information, please contact John Costigan, VP Corporate Development, at 604 689 9378
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release