Saskatchewan Potash Basin

Exploration, evaluation and potential development of two subsurface potash permit areas.

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Message: Potash North warrants to trade on TSX-V

Potash North warrants to trade on TSX-V

posted on Jan 19, 2009 09:06AM

Potash North warrants to trade on TSX-V

Mr. Craig Angus reports

POTASH NORTH WARRANTS LISTED

The TSX Venture Exchange has approved the listing of 13.1 million common share purchase warrants of Potash North Resource Corp. previously issued pursuant to the private placement of 13.1 million units that closed on July 9, 2008.

The warrants will be posted for trading on the TSX Venture Exchange at market open on Monday, Nov. 10, 2008, under the symbol PON.WT. Each warrant entitles the holder to purchase one common share of the company at an exercise price of $4 per share at any time up to 4:30 p.m. (Vancouver time) on July 9, 2010, subject to the provisions of the warrant indenture dated July 9, 2008, between the company and Computershare Trust Company of Canada. A copy of the warrant indenture may be viewed under the company's documents at the SEDAR website and appears as a July 28, 2008, filing.

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