Mr. Sidney Himmel reports

IC POTASH ANNOUNCES RESULTS OF 2015 ANNUAL AND SPECIAL MEETING AND EXTENSION OF EXPIRY DATE FOR OUTSTANDING WARRANTS

IC Potash Corp. has released the results of the voting at its annual and special meeting of shareholders held on June 30, 2015, in Toronto, Ont., Canada, including the approval by shareholders of the amendment of the warrants issued on Dec. 18, 2013, to insiders of the company to extend the expiry date of the warrants from June 18, 2015, to Dec. 18, 2016. As announced on May 7, 2015, the amendment with respect to warrants held by non-insiders of the company became effective on May 22, 2015. No other amendments to the warrants have been made by the company. In accordance with the terms of the warrants, if, at any time the volume-weighted average price of the common shares of the company on the Toronto Stock Exchange is equal to or exceeds 50 cents for 20 consecutive trading days, the company may accelerate the expiry date of the warrants, in which event the warrants will expire upon the date which is 30 days following the dissemination of a press release by the company announcing the accelerated expiry date.

As of the date hereof, there are 10 million warrants issued and outstanding. A total of 1.34 million (13.4 per cent) warrants is held by insiders of the company, representing approximately 0.8 per cent of the issued and outstanding common shares on a non-diluted basis. The warrants are currently exercisable for common shares at an exercise price of 35 cents per common share. If all of the outstanding warrants were exercised on the date hereof, the common shares issuable thereunder would represent approximately 5.7 per cent of the issued and outstanding common shares on a non-diluted basis.

The Toronto Stock Exchange required that shareholder approval be obtained to amend the warrants held by insiders pursuant to Subsection 608 (b) of the TSX company manual. The company obtained shareholder approval (excluding insiders of the company who hold warrants) of the resolutions approving the amendment to the warrants held by insiders at the meeting. In accordance with the terms of the warrants, the company has also obtained the written consent to the amendment of the holders of 66-2/3 of the warrants outstanding. The amendment is effective as of June 18, 2015.

At the meeting, all director nominees listed in the company's management information circular dated June 6, 2015, were elected as directors of the company. The detailed results of the vote by ballot are as set out in the attached table.

                                           ELECTION OF DIRECTORS  

                              Number of votes for  % of votes for  Number of votes withheld  % of votes withheld

George Poling                         110,072,164           99.83                   186,250                 0.17
Ernest Angelo Jr.                     111,093,214           99.85                   165,200                 0.15
Leiv Mikael Erdal                     111,070,240           99.83                   188,174                 0.17
Anthony Grey                          111,057,664           99.86                   160,750                 0.14
Knute H. Lee Jr.                      107,242,465           96.39                 4,015,949                 3.61
Pierre Pettigrew, PC                  110,249,164           99.09                 1,009,250                 0.91
John Stubbs                           111,089,465           99.85                   168,949                 0.15
Joao Paulo Simoes Carrelo             111,078,115           99.84                   180,299                 0.16

In addition, at the meeting, shareholders reappointed Davidson & Company LLP as auditor of the company and reapproved the company's stock option plan.

We seek Safe Harbor.