Western Potash Corp. (WPX: TSX) (FSE: AHE) (“Western”, “the
Company”) will be attending the upcoming Agro Technology and
Business Fair 2014, in Chandigarh, India, November 22 to 25th. One
of the largest events of its kind, Agro Tech promotes sustainable
agriculture, and will host more than 85,000 visitors and over 250
companies exhibiting in the agriculture industry, fertilizer, and food
categories. India is one of the largest potash markets globally focusing
on issues from commodity price inflation to farm subsidies, food and
fertilizer supply security.
Supported by Western Economic Diversification Canada, the Saskatchewan
Trade & Export Partnership (STEP) will lead the Western
Canadian Showcase in which the Company will be profiling the Milestone
potash project as part of this delegation. The initiative highlights the
Company’s ongoing effort to secure additional strategic investors and
partnerships for Milestone. Western anticipates that the financing and
development of Milestone will likely include the involvement of a
multi-party consortium, with participation divided between a number of
fertilizer industry players alongside financial institutions providing
project finance.
In pursuit of increased visibility, Agro Tech 2014 follows on the
heels of Western’s recent participation in the 2014 World Fertilizer
Conference in San Francisco in September of this year, the International
Fertilizer Association Production & International Trade Conference
in Beijing, China, also in September, and the IFA Crossroads
Asia-Pacific 2014 in Singapore in October.
As the Company continues to reach out to global fertilizer industry
participants, Western’s technical and commercial teams have also hosted
a series of in-house presentation sessions. The Company has provided
access to the Milestone virtual data room to potential partners from the
global industry with a focus on Asia and China, Japan and India in
general.
About Western Potash
Western Potash Corp. is a development stage potash company focused on
building Canada's most efficient potash solution mine. The Company
intends to develop a world-class potash deposit in an ecologically
sustainable, economically efficient and socially responsible manner. A
positive Feasibility Study for the Milestone potash project was
completed in December 2012, demonstrating robust project metrics. For
more information on Western Potash Corp.’s projects, please visit the
Company’s website at: www.westernpotash.com
ON BEHALF OF THE BOARD OF DIRECTORS
“J. Patricio Varas”
J. Patricio Varas
President and CEO
Cautions Regarding Forward-Looking Statements
This news release includes certain statements and information that may
contain forward-looking information within the meaning of applicable
Canadian securities laws. All statements in this news release, other
than statements of historical facts, including the likelihood of
commercial mining, securing a strategic partner and financing
requirements and the ability to fund future mine development are
forward-looking statements and contain forward-looking information. Such
forward-looking statements and forward-looking information specifically
include, but are not limited to, statements concerning: Company plans at
the Milestone Project; Company ability to fund the Milestone Project;
the timing of granting of key permits; approval of the EIS; from the
Study: the estimated potash production and the timing thereto, economic
analyses, capital and operating costs, mine development programs, future
potash prices, cash flow estimates, and economic indicators derived from
the foregoing.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as “intends” or “anticipates”, or
variations of such words and phrases or statements that certain actions,
events or results “may”, “could”, “should”, “would” or “occur”.
Forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made and they are subject
to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements
of Western Potash to be materially different from those expressed or
implied by such forward-looking statements or forward-looking
information, including: the receipt of all necessary approvals; the
ability to conclude a transaction; uncertainty of future production,
capital expenditures and other costs; financing and additional capital
requirements; the receipt in a timely fashion of any further permitting
for the Milestone Project; legislative, political, social or economic
developments in the jurisdictions in which Western Potash carries on
business; operating or technical difficulties in connection with mining
or development activities; and the risks normally involved in the
exploration, development and mining business. Although management of
Western Potash has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to
be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking statements and forward
looking information. Western Potash does not undertake to update any
forward-looking statements or forward-looking information that are
incorporated by reference herein, except in accordance with applicable
securities laws.
Copyright Business Wire 2014