Western Potash Corp. to Participate at Agro Tech 2014, Chandigarh, India
Western Potash Corp. (WPX: TSX) (FSE: AHE) (“Western”, “the Company”) will be attending the upcoming Agro Technology and Business Fair 2014, in Chandigarh, India, November 22 to 25th. One of the largest events of its kind, Agro Tech promotes sustainable agriculture, and will host more than 85,000 visitors and over 250 companies exhibiting in the agriculture industry, fertilizer, and food categories. India is one of the largest potash markets globally focusing on issues from commodity price inflation to farm subsidies, food and fertilizer supply security.
Supported by Western Economic Diversification Canada, the Saskatchewan Trade & Export Partnership (STEP) will lead the Western Canadian Showcase in which the Company will be profiling the Milestone potash project as part of this delegation. The initiative highlights the Company’s ongoing effort to secure additional strategic investors and partnerships for Milestone. Western anticipates that the financing and development of Milestone will likely include the involvement of a multi-party consortium, with participation divided between a number of fertilizer industry players alongside financial institutions providing project finance.
In pursuit of increased visibility, Agro Tech 2014 follows on the heels of Western’s recent participation in the 2014 World Fertilizer Conference in San Francisco in September of this year, the International Fertilizer Association Production & International Trade Conference in Beijing, China, also in September, and the IFA Crossroads Asia-Pacific 2014 in Singapore in October.
As the Company continues to reach out to global fertilizer industry participants, Western’s technical and commercial teams have also hosted a series of in-house presentation sessions. The Company has provided access to the Milestone virtual data room to potential partners from the global industry with a focus on Asia and China, Japan and India in general.
About Western Potash
Western Potash Corp. is a development stage potash company focused on building Canada's most efficient potash solution mine. The Company intends to develop a world-class potash deposit in an ecologically sustainable, economically efficient and socially responsible manner. A positive Feasibility Study for the Milestone potash project was completed in December 2012, demonstrating robust project metrics. For more information on Western Potash Corp.’s projects, please visit the Company’s website at: www.westernpotash.com
ON BEHALF OF THE BOARD OF DIRECTORS
“J. Patricio Varas”
J. Patricio Varas
President and CEO
Cautions Regarding Forward-Looking Statements
This news release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including the likelihood of commercial mining, securing a strategic partner and financing requirements and the ability to fund future mine development are forward-looking statements and contain forward-looking information. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning: Company plans at the Milestone Project; Company ability to fund the Milestone Project; the timing of granting of key permits; approval of the EIS; from the Study: the estimated potash production and the timing thereto, economic analyses, capital and operating costs, mine development programs, future potash prices, cash flow estimates, and economic indicators derived from the foregoing.
Generally, forward-looking information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or “occur”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Western Potash to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the receipt of all necessary approvals; the ability to conclude a transaction; uncertainty of future production, capital expenditures and other costs; financing and additional capital requirements; the receipt in a timely fashion of any further permitting for the Milestone Project; legislative, political, social or economic developments in the jurisdictions in which Western Potash carries on business; operating or technical difficulties in connection with mining or development activities; and the risks normally involved in the exploration, development and mining business. Although management of Western Potash has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward looking information. Western Potash does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws.
Contact
Western Potash Corp.
Angela Aydon, 604-689-9378
Corporate Communications Manager