News

Vancouver, British Columbia – September 16, 2015 - Western Potash Corp. (“Western” or the “Company”) (TSX: WPX, FSE: AHE) is pleased to announce the closing of the previously announced strategic investment from Beijing Tairui Innovation Capital Management Ltd. (“Tairui”), whereby Tairui has purchased 238,264,635 common shares of Western (“Common Shares”) at a price of $0.3358 per share for an aggregate purchase price of $80 million (the “Transaction”). In conjunction with the Transaction, CBC (Canada) Holding Corp.

August 25, 2015, Vancouver BC – Western Potash Corp. (“Western” or the “Company”) (TSX: WPX) (FSE:AHE) is pleased to announce that the Company received, at the special general meeting of its shareholders held on August 24, 2015 (the “Meeting”), shareholder approval for a transaction pursuant to which Beijing Tairui Innovation Capital Management Ltd. (the “Investor”) will purchase 238,264,635 common shares at a price of $0.3358 per share for an aggregate purchase price of $80,000,000 (the “Tairui Investment”).

July 6, 2015, Vancouver BC – Western Potash Corp. (“Western” or the “Company”) (TSX: WPX) (FSE:AHE) is pleased to announce that Beijing Tairui Innovation Capital Management Ltd.

July 2nd, 2015, Vancouver, BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (the “Company”) is pleased to announce the completion of a Scoping Study for a Pilot Plant Scale Selective Solution Mining Operation (the “Pilot Study”) on the Company’s 100% owned Milestone property in southern Saskatchewan (the “Project”).  The Pilot Study is a preliminary economic assessment and was prepared by Novopro Projects Inc.

June 3, 2015 – Vancouver, BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (the “Company”) – confirms that UBS Securities Canada Inc. (“UBS”) has filed a lawsuit against the Company before the Ontario Superior Court of Justice claiming fees, disbursements and damages in connection with a strategic investment in the Company by China BlueChemical Ltd., and GUOXIN International Investment Corporation Limited, through a wholly owned subsidiary, CBC (Canada) Holding Corp., which closed in June 2013.  

Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) is pleased to announce that its shareholders approved all items put before them at the Company’s Annual and Special General Meeting held February 26, 2015.  The approved items include:

Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“Western”, “the Company”) will be attending the upcoming Agro Technology and Business Fair 2014, in Chandigarh, India, November 22 to 25th. One of the largest events of its kind, Agro Tech promotes sustainable agriculture, and will host more than 85,000 visitors and over 250 companies exhibiting in the agriculture industry, fertilizer, and food categories. India is one of the largest potash markets globally focusing on issues from commodity price inflation to farm subsidies, food and fertilizer supply security.

Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (the “Company”) is pleased to announce that, effective today, Mr. Wang Hui has agreed to join the Western Potash board of directors.  As the newly appointed  CEO,  President and  Party Secretary of China BlueChemical Ltd., and also the new chairman of CBC (Canada) Holding Corp. (“CBC“), he will replace Mr. Yang Yexin on the Board of Directors of Western Potash, as CBC’s nominee and representative.  Mr. Yang Yexin resigned from the position  of CEO  of China BlueChemical Ltd.

May 27, 2014 – Vancouver BC – Western Potash Corp.  (“the Company”) has successfully negotiated the purchase of an eleven kilometer pipeline right-of-way that runs from the City of Regina Waste Water Treatment Plant (“RWWTP”) to the TransGas natural gas storage caverns, located less than thirty kilometers from the Milestone Potash Project site. Acquiring this right-of-way was important because of the increasing commercial, industrial and residential development in the area.

Vancouver BC - Western Potash Corp. (WPX: TSX) (FSE: AHE) (the “Company”) would like to clarify its current land position in response to current media reports. Western Potash has leased freehold potash mineral rights within the Rio Tinto (Joint Venture with North Atlantic Potash Inc) Exploration permit KP 405, which is located immediately adjacent to the Milestone Property in Southern Saskatchewan. Within KP 405, the Company holds 100% of 20,523 Hectares of land (50,323 Acres) on 46 parcels of land.