News

December 6^th, 2012, Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) is pleased to announce the receipt of a positive Feasibility Study (the “Study”) from AMEC Americas Limited (“AMEC”) on the Company’s 100% owned Milestone property in southern Saskatchewan (the “Project”).  The Study confirms that the asset is of sufficient size and grade to support primary and secondary potash solution mining for more than forty years at an ultimate production rate of 2.8Mt/yr.

VANCOUVER, BRITISH COLUMBIA-- -- Western Potash Corp. (the "Company") (TSX: WPX  FSE: AHE) has granted a total of 920,000 stock options to employees and consultants and 1,275,000 stock options to directors and officers under its Stock Option Plan at an exercise price of $0.45 per share.  All options will expire in no more that five years from the date of grant. 

About Western Potash

November 27, 2012, Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) is pleased to announce that, further to its press release dated June 26, 2012, a Definitive Agreement with the City of Regina was signed on November 26^th securing the long term, economical and reliable source of process water for the Milestone Potash Project (“the Project”).  Under the agreement the Company will have access to 60,000 cubic metres per day of treated effluent for the first 6 years and 42,240 cubic metres for the remaining 39 years.

Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) is pleased to announce that it has closed its previously announced private placement.  The Company sold 20,000,000 units (the “Units”) at a price of $0.48 per Unit for aggregate gross proceeds to the Company of $9,600,000.

October 19, 2012, Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) announces that it has completed its filing with the Toronto Stock Exchange for Conditional Approval of the private placement announced on October 1, 2012.  The placement will be reduced from up to 31,250,000 units to a placement of up to 20,000,000 units.

October 1, 2012, Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) announces that the Company has negotiated a $15,000,000 non-brokered private placement to sell up to 31,250,000 units (the “Units”) at a price of $0.48 per Unit.  There is a 6% cash finder’s fee payable on the private placement.

September 5th, 2012, Vancouver BC – Western Potash Corp. (WPX: TSX) (FSE: AHE) (“the Company”) has submitted an Environmental Impact Statement (“EIS”) for the proposed Milestone potash solution mine, located approximately 30 km Southeast of Regina and 80 km Southeast of Mosaic’s Belle Plaine mining lease.  The EIS was prepared and submitted to the Saskatchewan Ministry of Environment (“MOE”) in conformance with the Government of Saskatchewan’s “Environmental Assessment Act.”

Vancouver BC – Western Potash Corp. (TSX: WPX) (FSE: AHE) (“the Company”) -- On Monday, June 25 the City of Regina approved the Key Commercial Terms (the “Agreement”) that will see a large portion of the City’s treated sewage effluent routed to Western Potash Corp.’s Milestone Potash mine site, located approximately 30 km Southeast of Regina and 80 km Southeast of Mosaic’s Belle Plaine mining lease.

Vancouver, British Columbia -- Western Potash Corp. (the "Company") (TSX: WPX  FSE: AHE) announces, that the Company has adopted a Shareholder Rights Plan Agreement (the "Agreement") dated March 26, 2012, with Computershare Trust Company of Canada for a term of three years.  The Agreement has been accepted by the Toronto Stock Exchange and was ratified by the shareholders of the Company at the Company’s Annual and Special General Meeting held on March 26, 2012.

Vancouver, British Columbia – Western Potash Corp. (the “Company”) (TSX: WPX, FSE: AHE) would like to issue the following statements. At the request of Market Surveillance on behalf of the Toronto Stock Exchange, Western Potash would like to clarify that the intentions of Western Potash are to, as has been previously disclosed, seek a strategic partner in order to facilitate and complete the ongoing Feasibility work that would lead toward the building of our Milestone Potash project. Western Potash Corp. is not currently involved in any negotiations for the outright sale of the Company, but has met with, and is still currently involved in ongoing negotiations with numerous parties, any of which could lead to equity and debt financings, joint ventures, takeovers and other types of merger transactions.