(TheNewswire)
Vancouver, B.C. / TheNewswire / November
9 , 2017: American Potash Corporation (the “Company”) (AMP:CSE) have
concluded acquisition of a 640-acre Colorado State Exploration Permit. The new state exploration permit adds 640-acres to
AMP’s Colorado Li Project, provides access to the property and adjacent Federal lands for up to 4-years, and allows for exploration
and initial development activities of Li and other potentially valuable minerals (Br, K, etc.) concentrated in sub-surface brines.
Subsequent to expiration of the 4-year exploration mineral lease, the lease can be converted into a Colorado State Mineral
Lease based on positive exploration results. A state mineral lease will allow development and ultimately production of Li and other
elements of value, excluding hydrocarbons (oil, gas, coal, etc.).
On behalf of the Board of Directors
“ Rudy de Jonge ”
Rudy de Jonge, CEO
Neither the OTCQX nor the Canadian Securities Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Statements in this press release other than purely historical information, including statements
relating to the Company’s future plans and objectives or expected results, are "Forward-Looking Statements" within the meaning of
Section 21E of the United States Securities Exchange Act of 1934, as amended and Canadian securities laws. Forward Looking
Statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s
business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from
those described in the Forward Looking Statements.
Key assumptions upon which the Company’s forward-looking statements and information are based
include: the price of potash will rise and not fall significantly; the Company’s ability to secure new financing to continue its
exploration and development activities; there being no significant changes in the ability of the Company to comply with
environmental, safety and other regulatory requirements; the Company’s ability to obtain regulatory approvals in a timely manner;
and the Company’s ability to achieve its growth strategy. These assumptions should be considered carefully by readers. Readers are
further cautioned that the foregoing list of assumptions is not exhaustive. Although the Company believes that the assumptions on
which the forward-looking statements or information are made are reasonable, based on the information available to the Company on
the date such statements were made, no assurances can be given as to whether these assumptions will prove to be
correct.
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