Agoracom Blog

Pacific Potash And Cowley Mining Plc Agree To Extension

Posted by AGORACOM-JC at 3:46 PM on Friday, September 27th, 2013

Vancouver, British Columbia – September 27th, 2013 – Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, “the Company”) wishes to announce that, further to the Company’s news release of August 27th 2013, it has agreed with Cowley Mining Plc (“Cowley”) to extend the deadline to announce a firm intention to make an offer for Cowley to October 11th 2013. No consent to this extension is required from the UK Panel on Takeovers and Mergers as the parties have been informed by the Panel that the City Code on Takeovers and Mergers does not apply to this transaction.

About Cowley Mining Plc

Cowley is a privately–owned junior exploration company registered on the Isle of Man with corporate offices in Brasilia, Brazil, and London, UK. The Company is focused on the exploration and development of three potash exploration claim blocks in the states of Amazon and Para, Northern Brazil, East of Manaus. Cowley holds approx. 929,000 hectares extending over the Amazonas Potash Basin including areas adjacent to proven Petrobras deposits, Fazendinha and Arari.

About Pacific Potash Corporation

Pacific Potash Corporation trades on the TSX Venture Exchange under the symbol: PP, as well on the OTCQX under the symbol: PPOTF and on the Frankfurt Stock Exchange under P9P. Pacific Potash is engaged in the exploration and development of the Amazonas Potash Project and the surrounding potash claims targeting the Middle Amazonas Potash Basin, currently the host to multiple new exploration campaigns for potash. The Company also is exploring the Provost Potash Property and the surrounding potash claims targeting the prolific Prairie Evaporite Formation, which is host to multiple conventional and solution potash mines.

We seek safe harbour.

On behalf of the Board,

Pacific Potash Corporation

Balbir Johal

Executive Co-Chairman & CEO

For further information, please visit our website at or contact our V.P of Corporate Communications, Mike Blady:

Mike Blady

Office: +1 604.895.7446

Email: [email protected]

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.

Caution concerning forward-looking information

This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Pacific Potash in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Pacific Potash’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at Pacific Potash disclaims any obligation to update or revise any forward-looking information or statements except as may be required.


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