Western Potash Corp. Closes $20,000,200 Bought Deal Private Placement

Western Potash Corp. (the 'Company') (TSX
VENTURE:WPX)is pleased to announce that it has closed its
previously announced private placement bought deal offering. The Company
sold 18,182,000 units (the 'Units') at a price of $1.10 per
Unit, for aggregate gross proceeds to the Company of $20,000,200 (the 'Offering?).

Each Unit consists of one common share in the capital of the Company
(each a 'Common Share') and one-half of one Common Share
purchase warrant (each whole Common Share purchase warrant, a 'Warrant').
Each Warrant shall entitle the holder to purchase one Common Share of
the Company at an exercise price of $1.75 at any time up to and
including the close of business on June 21, 2013, being the day which is
30 months from the closing of the Offering. All securities issued under
the Offering are subject to a hold period ending April 22, 2011.

The Offering was underwritten by a syndicate of underwriters co-led by
Mackie Research Capital Corporation and Scotia Capital Inc.
(collectively, the 'Underwriters?)

The net proceeds received by the Company from the sale of the Units will
be used to advance the Company's Milestone Potash Development Project
located in the Province of Saskatchewan, and for general working capital
purposes.

In consideration for their services, the Underwriters have received a
cash commission of 6.0% of the aggregate gross proceeds of the Offering.
In addition, the Underwriters received an aggregate of 1,272,740
non-transferable Common Share purchase warrants (the 'Compensation
Warrants?) each exercisable to acquire one Unit at a price of $1.10
per Compensation Warrant at any time up to and including the close of
business on June 21, 2013, being the day which is 30 months from the
closing of the Offering.

This news release does not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities, in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under the
securities laws of such jurisdiction. The securities have not been and
will not be registered under the United States Securities Act of 1933,
as amended (the 'U.S. Securities Act'), or any state
securities laws and may not be offered or sold within the United States
or to, or for the account or benefit of, 'U.S. persons,' as such term is
defined in Regulation S under the U.S. Securities Act, unless an
exemption from such registration is available.

Cautions Regarding Forward-Looking Statements

This news release contains forward-looking statements regarding our
intentions and plans. The forward-looking statements that are contained
in this news release are based on various assumptions and estimates by
the Company and involve a number of risks and uncertainties. As a
consequence, actual results may differ materially from results forecast
or suggested in these forward-looking statements and readers should not
place undue reliance on forward-looking statements. We caution you that
such forward-looking statements involve known and unknown risks and
uncertainties, as discussed in the Company′s filings with Canadian
securities agencies. Various factors may prevent or delay our plans,
including but not limited to, contractor availability and performance,
weather, access, mineral prices, success and failure of the exploration
and development carried out at various stages of the program, and
general business, economic, competitive, political and social
conditions. The Company expressly disclaims any obligation to update any
forward-looking statements, except as required by applicable securities
laws.

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.

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

Western Potash Corp.

J. Patricio Varas

President and CEO

604
689-9378