Potash One Inc.
TSX : KCL

Potash One Inc.

September 18, 2008 14:26 ET

Potash One Appoints Ted Warren Manager, Operations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2008) - Potash One Inc. (the "Company" or "Potash One") (TSX:KCL) is pleased to announce that the Company has appointed Ted Warren to the position of Manager, Operations. Ted's main focus will be on the Company's Legacy Potash project in southern Saskatchewan (the "Legacy Project").

Ted brings with him more than 45 years of experience in the mining industry, having worked in base metals, potash and uranium operations. Throughout his career, Ted has held progressively more responsible positions in mine and mill operational roles.

Ted's career in mining began in 1956 with Hudson Bay Mining and Smelting in Flin Flon, MB. His first experience in potash was with the IMCC Mine (now Mosaic Esterhazy) in 1964 in the role of Mill Maintenance Supervisor.

Ted moved to Potash Corporation of Saskatchewan in 1970 where he worked at the Rocanville mine and was responsible for the implementation of mill maintenance and operations systems. Ted's role expanded within PCS with the mandate to implement such systems in 4 other mine/mill sites.

In 1985, Ted joined Cameco at its Key Lake complex where he managed systems maintenance for the mine and mill and rose to the role of Site General Manager, providing Operational leadership to that site as it underwent expansion and modification to accept ore from the McArthur River Mine. In that role, Ted led the review of engineering designs with an eye to operational effectiveness, making modifications at the design stage to arrive at a final site configuration which could be more efficiently operated. In the last 5 years, Ted has utilized his experience in a variety of consulting roles in the Uranium and Potash industries, mostly through AMEC Americas' Mining Division.

Ted's background and experience will provide tremendous benefits to Potash One as the Legacy Project progresses. In the near term, Ted will provide invaluable input and direction to the engineering designs and layouts for the Legacy site. With his wealth of experience and his operational background, Ted will help ensure that the resulting designs are optimized in terms of Maintainability and Operability, resulting in reduced operating costs and smoother operation for the property in the longer term.

Paul F. Matysek, President and Chief Executive Officer of Potash One Inc., said: "I am very pleased to welcome Ted Warren to Potash One. As we build our team to execute the Legacy Project, Ted will contribute greatly to the ultimate success of the operation. Guidance and input from someone with Ted's experience level will have its greatest impact during the design phase of the project, so we are very pleased to have him on board at this early stage."

ON BEHALF OF THE BOARD OF DIRECTORS,

Paul F. Matysek, M.Sc., P.Geo., President and Chief Executive Officer

About Potash One Inc.

Potash One Inc. is a Canadian resource company engaged in the exploration and development of advanced solution mine amenable potash properties. The Company owns 100% of a 97,240 acre Potash Subsurface Exploration Permit in Saskatchewan, Canada (the "Legacy Project"). The Legacy Project was previously explored by Imperial Oil Ltd. (now Exxon) and Lumsden Potash Corporation and is adjacent to the largest producing solution potash mine in the world. In addition, the Company owns 100% of three other Potash Subsurface Exploration Permits over 230,000 acres that are contiguous to the Legacy Project. The Company has NI 43-101 compliant resources, a solid balance sheet, and experienced management to advance the Legacy Project to the next stage.

Contact Information

  • Potash One Inc.
    Paul F. Matysek, M.Sc., P.Geo.
    President and Chief Executive Officer
    (604) 331-4431
    (604) 408-4799 (FAX)
    Email: info@potash1.com
    Website: www.potash1.com