Mr. Farhad Abasov reports

THE QUATERNARY GROUP LTD. PURCHASES A FURTHER 2,843,600 SHARES OF MILLENNIAL POTASH CORP

As required by National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, the following news release has been issued in connection with the acquisition below of ownership of securities of Millennial Potash Corp. by The Quaternary Group Ltd. (the acquiror).

The acquiror has acquired an additional 2,843,600 shares since its last early warning report was filed.

Prior to the purchase of the additional shares, the acquiror owned 26,092,056 common shares and 9,311,829 share purchase warrants, representing approximately 24.64 per cent of the outstanding shares on a non-diluted basis and 30.73 per cent on a fully diluted basis.

The acquiror now holds a total of 28,935,656 common shares and 9,311,829 share purchase warrants, representing approximately 26.27 per cent of the outstanding common shares on a non-diluted basis and 32.02 per cent of the outstanding common shares on a fully diluted basis.

The shares and warrants are held by the acquiror for investment purposes. The acquiror currently has no plans or intentions that relate to or would result in any of the items listed in items 5(a) to 5(k) of the early warning report. However, depending on market conditions, general economic and industry conditions, trading prices of the company's securities, the company's business, financial condition and prospects, and/or other relevant factors, the acquiror may develop such plans or intentions in the future and, at such time, may, from time to time, acquire additional securities, dispose of some or all of the existing or additional securities, or may continue to hold the shares or other securities of the company.

A copy of the early warning report to be filed by the acquiror in connection with the acquisition above will be available on SEDAR+ under the company's profile on SEDAR+.

We seek Safe Harbor.