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November 7, 2008

Potash North to list 13.1 million warrants on Nov. 10

October 16, 2008

Potash North 2D Survey Complete

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Potash Investor Highlights

 

Increasing potash prices confirm that global potash demand is outstripping supply. Potash North's experienced technical and financial team is focused on expediting the exploration, evaluation and potential development of the permit areas.

• Potash North is an emerging potash explorer in the world's most prolific potash basin, located amongst the largest potash producers in the world, as well as being in close proximity to existing infrastructure.

• The price of potash continues to rise. FOB Saskatchewan mine prices have increased 400% in last three years. In April 2008, India agreed to pay US$625/tonne, an increase of US$400 per tonne from previously negotiated prices. Canpotex, the Canadian potash distributor for domestic producers, has reported potash contract prices as high as $1050/tonne.

• Experienced management with a solid financial backing allows Potash North to position themselves at the forefront of potash exploration companies in Canada. The board plans to grow its management group and is committed to building an experienced and diverse team of industry professionals.

• Historical drilling yields encouraging potash intercepts Selected results include 21.6% K₂O over 3.6 meters and 21.5% K₂O over 3.3 meters

*Disclaimer
The drilling information was not collected under current 43-101 reporting standards. This drilling information cannot be verified by the company and therefore should not be relied upon. This historical drill data is reported for information purposes only. Currently there are no 43-101 reports on the Potash North Project nor are there measured, indicated or inferred resources. Readers are cautioned that the presence of the potash rich horizon in the historic drill data does not guarantee economic quantities of potash are present.

 

• North Rim Exploration Ltd. of Saskatoon, Saskatchewan and Agapito Associates of Colorado, USA have completed an NI 43-101 technical report on the permit areas. The report suggests historical results from the property and industry fundamentals warrant an aggressive 3-phase exploration program on the permit areas.

• Land package ideally situated to utilize existing rail, hydro and experienced labor. Equidistant between Saskatoon and Winnipeg, the Potash North property is close to existing rail lines, which currently service the Esterhazy K1, K2 and Potash Corp.'s Rocanville operations, allowing for easy transport of product to the Asian markets via the shipping hub of Vancouver, B.C.