Exploration and development of the Amazonas Basin Project
Message: Update on Management Positions and Sampling Process
VANCOUVER, BRITISH COLUMBIA / April 10th 2014 / Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "Pacific Potash", "the Company") is pleased to announce:
Appointment of Dr. Cookenboo to replace Mr. Costa as Consulting Geologist for the Amazonas Potash Project
The Company today announces the appointment of Dr. Harrison Cookenboo as its geological consultant in charge of the development of the Company's Amazonas Potash Project. Dr. Cookenboo, Ph.D., P.Geo., is a member of the British Columbia Association of Professional Engineers and Geologists, and a Fellow of the Geological Association of Canada. Dr. Cookenboo co-authored the Company's initial 43-101 technical report on the Amazonas Potash Property. He has consulted, examined, evaluated and reported on numerous Brazilian based projects including commodities such as diamonds, gold, silver and many more commodities since the early 2000's.
Dr. Cookenboo replaces Mr. Andre Costa who tendered his resignation as Chief Geologist to the Company, effective February 28, 2014, to pursue other independent consulting assignments.
Appointment of Mr. John Santos as General Manager of Potassio Ocidental
The Company also announces the appointment of Mr. John Santos as the General Manager of the Company's wholly owned Brazil subsidiary, Potassio Ocidental. Mr. Santos is a businessman with experience dealing in all aspects of the Brazilian mining industry including government negotiations and reporting.
Update on Shipment of Samples
Further to the Company's new release of March 31st, 2014, Mr. Santos reports that Potassio Ocidental continues to work with the Brazilian government on acquiring the export permit to ship the core samples to Vancouver, Canada by air freight via Belo Horizonte and Toronto. Management anticipates that results will be available in approximately 3 weeks. Management wishes to thank shareholders for their patience.
We Seek Safe Harbor.
On behalf of the Board,
Pacific Potash Corporation
Executive Co-Chairman, Director & CEO
For further information, please visit our website at www.pacificpotash.com or +1 604.895.7446.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution concerning forward-looking information
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Pacific Potash in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Pacific Potash's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Pacific Potash disclaims any obligation to update or revise any forward-looking information or statements except as may be required.
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