TSXV: PP
OCTQX: PPOTF
FSE: P9P
VANCOUVER, Nov. 22, 2014 /CNW/ - Pacific Potash Corporation (TSX-V: PP)
("Pacific Potash" or the "Company") is pleased to announce the appointment of Dr. Charlie Cheng as the
company's new President & Chief Operation Officer, effective
immediately.
Dr. Charlie Cheng holds a Ph.D. in Geology from the University of
British Columbia and a M.Sc and B.Eng in Geology from the China
University of Geosciences. Over the last 30 years Dr. Cheng has
specialized in the exploration and evaluation of almost all types of
precious, base and rare metal ore deposits in North and South America &
Asia where he worked as the field geologist, exploration geologist,
computing geologist, project Manager, chief geologist, general manager
of several mineral exploration projects, president & CEO of TSX-V
company. Among the projects that Dr. Cheng participated in or was in
charge of, three of them have been in production, one of them is under
development into a mine, and two of them are in the pre-feasibility and
feasibility stage respectively.
Dr. Cheng will work closely with the management team and the geology
team of the company in regard to the development of the Amazonas potash
property. The company has set up detailed exploration and drilling
program, including a 5-holes major drill program. The Board of
Directors is highly confident that with the expertise of Dr. Cheng, the
company will be able to move the Amazonas potash property forward to
the next milestone.
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 Provost Potash Property and the
surrounding potash claims targeting the prolific Prairie Evaporite
Formation, which is host to multiple conventional and solution potash
mines. The Company also has an option to acquire an 80% interest in
Western Potash Corporation's (TSX: WPX) Amazonas Basin claims.
We seek safe harbour.
On behalf of the Board,
Pacific Potash Corporation
Balbir Johal, LL.B.
Executive Co-Chairman and Director
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Tao Liu
Co-Chairman and Director
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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 www.sedar.com. Pacific Potash disclaims any obligation to update or revise any
forward-looking information or statements except as may be required.
SOURCE Pacific Potash corporation