TORONTO, Sept. 6, 2017 /CNW/ - Potash Ridge
Corporation. (the "Company") (TSX:PRK) announced today that
Guy Bentinck, the Chief Executive
Officer of the Company, has been replaced, effective immediately,
by Andrew Squires the current
President and Chief Operating Officer of the Company as the interim
Chief Executive Officer. The Company will look to replace Mr.
Squires as interim CEO as soon as an acceptable replacement is
found. The Company will be providing a corporate update next
week.
On behalf of the Board of Directors
POTASH RIDGE CORPORATION
(signed)
R. Bruce Duncan
Executive Chairman and Director
About Potash Ridge
Potash
Ridge's strategy is to become a premier producer of sulphate
of potash or SOP in North America. The Corporation owns two
SOP projects: the Valleyfield project that plans to
produce SOP through the Mannheim Process; and the Blawn
Mountain project in Utah that plans to produce SOP
by processing an alunite material. Potash Ridge has a
highly qualified and proven management team in place with
significant financial, project management and operational
experience and the ability to take projects into production.
FORWARD LOOKING STATEMENTS: This news release contains
forward-looking statements, which relate to future events or future
performance and reflect management's current expectations and
assumptions. Such forward-looking statements reflect management's
current beliefs and are based on assumptions made by and
information currently available to the Company. Investors are
cautioned that these forward looking statements are neither
promises nor guarantees, and are subject to risks and uncertainties
that may cause future results to differ materially from those
expected. These forward-looking statements are made as of the date
hereof and, except as required under applicable securities
legislation, the Company does not assume any obligation to update
or revise them to reflect new events or circumstances. All of the
forward-looking statements made in this press release are qualified
by these cautionary statements and by those made in our filings
with SEDAR in Canada (available at
www.sedar.com).
SOURCE Potash Ridge Corporation