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Potash One Inc.

Publié le 16 mai 2008

Reports Appointment of Chairman of the Board

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Mots clés associés :   Canada | K Street |
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POTASH ONE INC.
Suite 1238, 200 Granville Street

Vancouver, British Columbia V6C 1S4
Telephone No.:  (604) 331-4431 - Fax No.:  (604) 408-4799

May 16, 2008                                                 For Immediate Release

                                                                             TSX Venture: KCL

NR 08-15

POTASH ONE REPORTS APPOINTMENT OF CHAIRMAN OF THE BOARD

Vancouver, B.C., May 16, 2008 - Potash One Inc. (the "Company" or "Potash One") Potash One is pleased to appoint David Berg, as Chairman of the Board of the Company.  As an existing member of the Board of Potash One, Mr. Berg has shown strong leadership in developing our marketing and investor network in China and other international markets. He has fostered a number of key relationships, which have the potential of providing the Company with the ability to expedite the development of the Legacy Project and to secure future marketing contracts.

Paul F. Matysek, president and chief executive officer of Potash One, stated "I am pleased with the unanimous decision of our Board to appoint David to the position of Chairman. He has a solid business and management background. His professional and team oriented approach coupled with his strategic thinking will certainly help fast track our corporate mandate to move from development to production in an expeditious manner. The Board and my management team look forward to working closely with Dave as we collectively focus on securing a dominant position in Canada's largest potash-producing solution mining region."

Mr. David A. Berg has spent over 28 years of consecutive service with one of Canada's largest publicly traded companies, Loblaw's Group of Companies Ltd. His most recent responsibility was serving in the capacity of Vice President of Operations for a business unit in Western Canada representing $1.5 billion in annual revenue with a total of 8,500 employees.  Mr. Berg brings a wealth of financial services and energy business acumen to the Board.


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) 684-9007

HYPERLINK "mailto:info@potash1.com"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 holds an option to acquire 100% interest in a 97,240 acre Potash Subsurface Exploration Permit ("the Legacy Project") and owns 100% of three other Potash Subsurface Exploration Permits covering 239,000 acres that are contiguous to the Legacy Project in Saskatchewan, Canada. The Legacy Project was previously explored by Imperial Oil Ltd. (now Exxon) and Lumsden Potash Corporation and is adjacent to one of the largest producing solution potash mines in the world. The Company has a solid balance sheet and experienced technical and corporate management to advance its current project to the next level.

Forward Looking Statement


This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  All statements in this release, other than statements of historical facts, that address further production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements.  Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions such statements are not guarantees of further performance, and actual results or developments may differ materially from those in the forward-looking statements.  Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions.  Please see our public filings at www.sedar.com for further information.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 

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
Email: ir@kincommunications.com
Web: www.kincommunications.com

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

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Potash One est une société développant des projet miniers basée au Canada.

Son principal projet en développement est LEGACY POTASH au Canada.

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Dans les médias de
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2007 Annual Report
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01/10/2008Appoints Douglas B. Forster, B. Sc., M.Sc., P. Geo. As A Dir...
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Projets de
07/04/2010(Legacy Potash)Purchase of Key Long Lead Materials for Its Legacy Project
01/04/2010(Legacy Potash)Hosts Two Open Houses in Support of the Legacy Potash Soluti...
09/12/2009Provides Progress Update on Legacy's Feasibility Study
05/10/2009(Legacy Potash)Initiates a Full Feasibility Study for Its Legacy Project
11/09/2009(Legacy Potash)Purchase of Legacy Project Plant Site Land
23/07/2009(Legacy Potash)Files Summary of the Pre-Feasibility Study Report
23/06/2009(Legacy Potash)43-101 Technical Report on the Legacy Project
17/06/2009(Legacy Potash)Legacy Project Update
31/12/2008(Legacy Potash)2nd Well Intersects 31.4m of 17.5% K2O
06/11/2008(Legacy Potash)Initiates Pre-Feasibility Work on Its Legacy Solution Mining...
Communiqués de Presse de
21/09/2011dealmaker Matysek turns to BC gold: Northern Miner on OCP
01/03/2010Submits an Environmental Impact Statement for Its Legacy Pot...
16/11/2009Erika Ritchie as VP of Environment and Regulatory Affairs
09/10/2009Featured in the Financial Post
16/09/2009Proposed Potash Mine to Provincial Environment Ministery
15/09/2009Submits Project Proposal for Its Legacy Project
01/09/2009Results of 2009 Shareholders' Meeting
09/03/2009d BMO Research on Potash One (KCL:TSX)
04/03/2009update and merger details with Potash One (TSX: KCL)
23/02/2009Potash One (KCL:TSX) and Potash North (PON:TSXv) Sign Arrang...
09/02/2009The New Potash One (KCL:TSX) by James Winston
30/01/2009(KCL:TSX): Return of the Bull by James West
22/01/2009Potash One (KCL:TSX) and Potash North (PON:TSXv) Announce Bu...
16/01/2009Paul Matysek of Potash One (KCL:TSX) Interviewed on BNN
07/01/2009The Formula for Growth
18/12/2008(KCL:TSX) Featured in Resource Investor Article on Potash
16/12/2008Trading Note on Potash One (KCL:TSX) by Malcolm Bucholtz
16/12/2008Season's Greetings from Potash One!
15/12/2008(KCL:TSX) Announces Engagement of SNC-Lavalin for Pre-Feasab...
01/12/2008(KCL:TSX) Drills 39.6 Meters of Potash Averaging 18.3% K2O
14/11/2008(KCL:TSX) Featured on the cover of The Northern Miner
29/09/2008(KCL:TSX) Announces Results of Shareholders' Meeting
12/09/2008(KCL:TSX) Initiates Two-Phased Drill Program at Its Legacy S...
29/08/2008(KCL:TSX) featured in Q1 Publishing
27/08/2008(KCL:TSX) Adopts Shareholder Rights Plan
21/08/2008(KCL:TSX), President and CEO Paul Matysek interviewed on Min...
19/08/2008Paul Matysek, President and CEO of Potash One (KCL:TSX) appe...
12/08/2008(KCL:TSX) Completes Technical Site Screening Review
25/07/2008Completes Acquisition of KP289 Permit
15/05/2008(KCL:TSXv) Reports Historical Data on New Permits
13/05/2008Subscribes For Equity of New Saskatchewan Potash Junior
23/04/2008 Is James West's top pick on BNN
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