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Potash One Inc.

Published : October 01st, 2008

Appoints Douglas B. Forster, B. Sc., M.Sc., P. Geo. As A Director

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Keywords :   Canada | Capital Markets | Copper | Gold | Growth | Molybdenum | Oil |
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October 1, 2008                                                                                         

Potash One Appoints Douglas B. Forster, B. Sc., M.Sc., P. Geo. As A Director 

Vancouver, BC,  - Potash One Inc. (the "Company" or "Potash One") is pleased to announce that Douglas B. Forster has joined the Company's board of directors.

Mr. Forster brings over 27 years of experience in the mineral exploration and mine development industry to the Potash One board.  He has extensive experience and a proven track record in resource project development, mergers and acquisitions, equity finance and public company management.  Over the past 20 years Mr. Forster has been a founder, advisor, senior executive or director of numerous publicly traded mineral exploration and mine development companies listed on North American Stock Exchanges.  Some of these includeTaseko Mines Limited, Continental Gold Corp., El Condor Resources Ltd., North American Metals Corp., Farallon Resources Ltd. and Rubicon Minerals Corp.  

Mr. Forster has been involved in the acquisition, financing and advancement of a number of large-scale mine development projects in Canada including the Kemess South, Mt. Milligan and Prosperity gold-copper projects and the Kitsault molybdenum project.

Mr. Forster is currently President and CEO of Featherstone Capital Advisors Inc. which provides general corporate development, financial and capital markets advice to growth oriented companies in the mining sector.  He holds a B.Sc. and M.Sc. in Geology and is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia.  He is also a director of Calibre Mining Corp a gold-copper mineral exploration company listed on the TSX Venture Exchange.

Paul F. Matysek., President and Chief Executive Officer of Potash One Inc., said "I am very pleased to welcome Doug to Potash One on behalf of the Board.  He brings a wealth of experience in corporate development, the capital markets and access to an extensive institutional network. I have worked with Doug for the last 25 years and I know that he will contribute significantly to the advancement of the Legacy Project."

ON BEHALF OF THE BOARD OF DIRECTORS,

Paul F. Matysek, M.Sc., P.Geo.
President and Chief Executive Officer
Telephone:  (604) 331-4431
Fax: (604) 408-4799
info@potash1.com

About Potash One Inc.

Potash One Inc. is a Canadian resource company engaged in the identification, acquisition, exploration and development of advanced solution mine amenable potash properties. The Company owns 100% of a 97,240 acre Potash Subsurface Exploration Permit in Saskatchewan, Canada (the "Legacy Project").  The Legacy Project was previously explored by Imperial Oil Ltd. (now Exxon) and Lumsden Potash Corporation and is adjacent to the largest producing solution potash mine in the world.  In addition, the Company owns 100% of three other Potash Subsurface Exploration Permits over 230,000 acres that are contiguous to the Legacy Project.  The Company has a NI 43-101 resource, a solid balance sheet, and experienced technical and corporate management to advance the Legacy Project to the next stage.

For a Detailed Quote on Potash One (KCL:TSX) - Click Here

For Investor Relations Contact:

 

KIN COMMUNICATIONS INC.
Suite 210 - 736 Granville Street
Vancouver, BC V6Z 1G3
T 604.684.6730 F 604.684.6740
Toll Free 866.684.6730
ir@kincommunications.com

www.kincommunications.com

 

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Kin Communications (KinCom) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s). The information contained in this email is based on existing disclosure documents or other publicly available information. Statements included in this announcement, including statements concerning our client(s) plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. Our client(s) cautions readers that forward-looking statements, including without limitation those relating to the company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. You are encouraged to seek independent verification of any information that is important to your decision and speak with an investment advisor regarding any of your decisions. KinCom nor the above mentioned client(s) is not offering securities or advising or soliciting the purchase or sale of securities.

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Potash One is a development stage company based in Canada.

Its main asset in development is LEGACY POTASH in Canada.

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