TSXV: PP
OCTQX: PPOTF
FSE: P9P
VANCOUVER,
Nov. 22, 2014 /CNW/ - Pacific Potash
Corporation (TSX-V: PP) ("Pacific Potash" or the
"Company") is pleased to announce the appointment of Dr.
Charlie Cheng as the company's new
President & Chief Operation Officer, effective immediately.
Dr. Charlie Cheng
holds a Ph.D. in Geology from the University
of British Columbia and a M.Sc and B.Eng in Geology from the
China University of Geosciences.
Over the last 30 years Dr. Cheng has specialized in the exploration
and evaluation of almost all types of precious, base and rare metal
ore deposits in North and South
America & Asia where he
worked as the field geologist, exploration geologist, computing
geologist, project Manager, chief geologist, general manager of
several mineral exploration projects, president & CEO of TSX-V
company. Among the projects that Dr. Cheng participated in or was
in charge of, three of them have been in production, one of them is
under development into a mine, and two of them are in the
pre-feasibility and feasibility stage respectively.
Dr. Cheng will work closely with the management
team and the geology team of the company in regard to the
development of the Amazonas potash property. The company has set up
detailed exploration and drilling program, including a 5-holes
major drill program. The Board of Directors is highly confident
that with the expertise of Dr. Cheng, the company will be able to
move the Amazonas potash property forward to the next
milestone.
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
Provost Potash Property and the surrounding potash claims targeting
the prolific Prairie Evaporite Formation, which is host to multiple
conventional and solution potash mines. The Company also has an
option to acquire an 80% interest in Western Potash Corporation's
(TSX: WPX) Amazonas Basin claims.
We seek safe harbour.
On behalf of the Board,
Pacific Potash Corporation
Balbir Johal, LL.B.
Executive Co-Chairman and Director |
|
|
|
Tao Liu
Co-Chairman and Director |
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