Potash North receives second Saskatchewan potash permit

2008-06-05 19:40 ET - News Release

Mr. David Baker reports

POTASH NORTH RESOURCE CORPORATION: SECOND POTASH PERMIT ISSUED

Further to the news in Stockwatch of Potash North Resource Corp. of June 3, 2008, disclosing that the company anticipated the issuance of a second potash permit shortly, the company has been provided confirmation from the Saskatchewan Mines Branch that such potash permit has now been formally issued in respect of potash permit application KP 417 covering approximately 95,800 acres. The company holds rights to acquire potash permit KP 417, as well as the contiguous potash permit KP 416 issued previously, under a memorandum of agreement with Peninsula Merchant Syndications Corp., as described in greater detail in the company's news in Stockwatch of May 12, 2008 (disseminated under its former name, Timer Explorations Inc., and symbol TES)