B.C. Supreme Court Approves Business Combination with Potash One Inc.

Saskatchewan Potash Basin

Exploration, evaluation and potential development of two subsurface potash permit areas.

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B.C. Supreme Court Approves Business Combination with Potash One Inc.

posted on Apr 14, 2009 12:50PM

April 14, 2009

B.C. Supreme Court Approves Business Combination with Potash One Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 14, 2009) - Potash North Resource Corporation (TSX VENTURE:PON) ("Potash North") and Potash One Inc. (TSX:KCL) ("Potash One") are pleased to announce that final approval to the previously announced business combination with Potash One was received today by the British Columbia Supreme Court. The business combination is expected to close on or about April 16, 2009.

Additional information concerning the Arrangement is provided in Potash North's Management Proxy Circular dated March 5, 2009, which is available at www.sedar.com.

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