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AGORACOM Client Feature

PP: TSX-V

Company is planning a late summer exploration program on its claim block which totals 795,824 hectares. The Amazonas Potash Basin is similar in size, scale and geology to Saskatchewan’s potash evaporate deposit, which is the largest and most prolific potash reserve in the world.

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Investment Highlights - Brazil

Amazonas Potash Basin

The Brazilian Government plans to reduce Brazil’s reliance on potash imports from 91% to 60% over the next 5 years
Soils in Brazil are deficient in potassium and require potash to remain productive
The Amazonas potash basin is similar in geology and dimension to the Saskatchewan potash basin in Canada

·Two deposits owned by Petrobras—Arari and Fazendinha—are located 20 and 40 km west of the property being optioned by Pacific Potash. These two deposits have reported historic resources as follows*:

Fazendinha – 520 Mt @ 28.8% KCl
Arari – 659 Mt @ 17.7% KCl

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Message: Commercial Solutions says Q1 earnings sank 96 per cent to $56K (Commercial-Solut

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Commercial Solutions says Q1 earnings sank 96 per cent to $56K (Commercial-Solut

posted on Feb 14, 08 02:15PM

EDMONTON _ Industrial distributor Commercial Solutions Inc. (TSX:CSA) says its first-quarter earnings sank 96 per cent to about $56,000 from a year-ago $1.4 million as revenue fell 17 per cent amid a slowdown in Western Canada.

Sales for the quarter ended Dec. 31 decreased to $33.7 million from $40.7 million.

Earnings per share amounted to nil, versus seven cents per share a year earlier.

Commercial Solutions is a major distributor of bearings, power transmission, oilfield, industrial, safety, survey and resource-management equipment products.

"Commercial continues to be impacted by the cyclical slowdown in the western Canadian drilling industry and the forest industry," CEO Jim Barker said Thursday.

"We are driving costs out of our system and on several initiatives these costs will not return when this cyclical downturn reverses itself. We believe our strong competitive position will allow us to gain greater market share when our markets return."

Edmonton-based Commercial Solutions is one of Canada?s top independent industrial distributors, with 40 service centres and 369 employees across Canada.

On the Toronto stock market, Commercial shares were down six cents at $1.40.

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