Western Potash Corporate Update
Western Potash Corporate Update
Vancouver, British Columbia – Western Potash Corp. (the “Company”) (TSX: WPX, FSE: AHE) would like to issue the following statements. At the request of Market Surveillance on behalf of the Toronto Stock Exchange, Western Potash would like to clarify that the intentions of Western Potash are to, as has been previously disclosed, seek a strategic partner in order to facilitate and complete the ongoing Feasibility work that would lead toward the building of our Milestone Potash project. Western Potash Corp. is not currently involved in any negotiations for the outright sale of the Company, but has met with, and is still currently involved in ongoing negotiations with numerous parties, any of which could lead to equity and debt financings, joint ventures, takeovers and other types of merger transactions.
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 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, President and CEO
“J. Patricio Varas”
For information on the contents of this release please contact John Costigan, VP Corporate Development at 604-689-9378.
Cautions Regarding Forward-Looking Statements
The Company cautions the reader that there is no guarantee that any of the potential outcomes from the current, or any future negotiations referred to above, will actually occur or be finalized. Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the effect and estimated timeline of the drilling and assay results on the Company, the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities; permitting time lines and permitting; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; and title disputes or claims; Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forwardlooking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws.