Potash Ridge Corporation

Potash Ridge Corporation

December 07, 2011 11:33 ET

Potash Ridge Corporation Announces Appointment of Vice President Development

TORONTO, ONTARIO--(Marketwire - Dec. 7, 2011) - Potash Ridge Corporation ("Potash Ridge") is pleased to announce the appointment of Ross Phillips as Vice President Development.

Mr. Phillips has 10 years of experience in the resource and energy sectors, much of which has involved working on large-scale capital projects. Most recently, Mr. Phillips was Director of Business Development at Capital Power Corporation, one of Canada's largest power generation companies. Prior to Capital Power, Mr. Phillips held various senior roles at Sherritt International Corporation, a diversified resource company that produces thermal coal, nickel, cobalt, oil and electricity.

Mr. Phillips has a Master of Arts in Resource Economics and a Master of Business Administration from the University of Alberta and is a CFA charterholder and Certified Management Accountant.

About Potash Ridge Corporation

Potash Ridge owns 100% of the rights to two alunite deposits in Utah named Blawn Mountain and Pine Valley. Alunite is a mineral from which sulphate-of-potash (a high-grade potash), alumina and sulphuric acid can be extracted. A feasibility study, engineering study and mine plan for a large mining and processing operation at Blawn Mountain was prepared in the 1970s following extensive drilling, metallurgical and pilot plant testing.

On behalf of Potash Ridge Corporation

Guy Bentinck, President & Chief Executive Officer

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.

Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.

Contact Information

  • Potash Ridge Corporation
    Guy Bentinck
    President & Chief Executive Officer
    +1 (647) 931-7114

    Potash Ridge Corporation
    Paolo De Luca
    Chief Financial Officer & Investor Relations
    +1 (647) 933-9032
    www.potashridge.com