Pacific Potash Corp Announces Change in Executive Leadership
June 17 2014 - 1:59PM
Access Wire
VANCOUVER, BC / ACCESSWIRE / June
17, 2014 / Pacific Potash
Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "Pacific Potash",
"the Company") today announces a leadership transition under which
Mr. Balbir Johal will step down as interim CEO of the Company,
effective immediately.
The Board of Directors
("The Board") would like to thank Mr. Johal for his dedication,
passion, entrepreneurial spirit and leadership displayed in
managing the Company. He will continue to provide guidance,
oversight and expertise to Pacific Potash in his roles as Executive
Co-Chairman and Director.
The Board intends to
commence a search for a permanent Chief Executive Officer, and will
consider both internal and external candidates.
About Pacific
Potash Corporation
Pacific Potash Corporation
trades on the TSX Venture Exchange under the symbol: PP, as well on
the OTCQX under the symbol: PPOTF and on the Frankfurt Stock
Exchange under P9P. Pacific Potash is engaged in the exploration
and development of the Amazonas Potash Project and the surrounding
potash claims targeting the Middle Amazonas Potash Basin, currently
the host to multiple new exploration campaigns for potash. The
Middle Amazonas Basin is one of the largest evaporate basins in the
world (10,000km2).
We seek safe harbour.
On behalf of the Board,
Pacific Potash
Corporation
Min Zhai
Director
For further information,
please visit our website at
www.pacificpotash.com or Julie Hajduk at + 1
604.609.7140 or julie@purplecrown.ca.
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.
Caution
concerning forward-looking information
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities laws. This information and statements address future
activities, events, plans, developments and projections. All
statements, other than statements of historical fact, constitute
forward-looking statements or forward-looking information. Such
forward-looking information and statements are frequently
identified by words such as "may," "will," "should," "anticipate,"
"plan," "expect," "believe," "estimate," "intend" and similar
terminology, and reflect assumptions, estimates, opinions and
analysis made by management of Pacific Potash in light of its
experience, current conditions, expectations of future developments
and other factors which it believes to be reasonable and relevant.
Forward-looking information and statements involve known and
unknown risks and uncertainties that may cause Pacific Potash's
actual results, performance and achievements to differ materially
from those expressed or implied by the forward-looking information
and statements and accordingly, undue reliance should not be placed
thereon.
Risks and uncertainties that may cause actual
results to vary include but are not limited to the availability of
financing; fluctuations in commodity prices; changes to and
compliance with applicable laws and regulations, including
environmental laws and obtaining requisite permits; political,
economic and other risks; as well as other risks and uncertainties
which are more fully described in our annual and quarterly
Management's Discussion and Analysis and in other filings made by
us with Canadian securities regulatory authorities and available
at www.sedar.com. Pacific Potash disclaims any obligation to
update or revise any forward-looking information or statements
except as may be required.
SOURCE: Pacific Potash Corporation
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