Potash One Announces Commencement of Trading on the Toronto Stock Exchange
June 17 2008 - 2:29PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: KCL) is pleased to
announce that it has received final approval from the Toronto Stock
Exchange ("TSX") to list its common shares on the TSX. Potash One's
shares will trade under the symbol "KCL" and will begin trading at
the opening of business on Wednesday, June 18, 2008.
Paul F. Matysek, President and Chief Executive Officer, stated:
"This is a significant milestone for Potash One and another step
forward in the development of Potash One. A TSX listing will
further enhance our visibility and profile in the capital markets
as The Toronto Stock Exchange is a world-leading platform for
liquidity and access to capital for the resource sector."
ON BEHALF OF THE BOARD OF DIRECTORS,
Paul F. Matysek, M.Sc., P.Geo., President and Chief Executive
Officer
About Potash One Inc.
Potash One Inc. is a Canadian resource company engaged in the
identification, acquisition, exploration and development of
advanced solution mine amenable potash properties. The Company
holds an option to acquire 100% interest in a 97,240 acre Potash
Subsurface Exploration Permit ("the Legacy Project") and owns 100%
of three other Potash Subsurface Exploration Permits covering
239,103 acres that are contiguous to the Legacy Project in
Saskatchewan, Canada. The Legacy Project was previously explored by
Imperial Oil Ltd. (now Exxon) and Lumsden Potash Corporation and is
adjacent to one of the largest producing solution potash mines in
the world. The Company has a solid balance sheet and experienced
technical and corporate management to advance its current project
to the next level.
Forward Looking Statement
This release includes certain statements that may be deemed to
be "forward-looking statements" within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995. All statements in
this release, other than statements of historical facts, that
address future production, reserve potential, exploration and
development activities and events or developments, including the
issuance of permits upon acceptance of permit applications, that
the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions such
statements are not guarantees of future performance, and actual
results or developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements
include market prices, exploration and development successes,
continued availability of capital and financing, the denial of
permit applications by applicable government authorities, and
general economic, market or business conditions. Please see our
public filings at www.sedar.com for further information.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Potash One Inc. Paul F. Matysek, M.Sc., P.Geo.
President and Chief Executive Officer (604) 331-4431 (604) 608-4979
(FAX) Email: info@potash1.com Website: www.potash1.com
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