Agoracom: Small Cap Investment - Potash North Resource Corp - Shareholders Approve Business Combination With Potash One Inc.

Saskatchewan Potash Basin

Exploration, evaluation and potential development of two subsurface potash permit areas.

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Clavis

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Shareholders Approve Business Combination With Potash One Inc.

posted on Apr 10, 2009 03:54AM

April 9, 2009

Potash North Resource Corporation Shareholders Approve Business Combination With Potash One Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 9, 2009) - Potash North Resource Corporation (TSX VENTURE:PON) ("Potash North") and Potash One Inc. (TSX:KCL) ("Potash One") are pleased to announce that Potash North's shareholders voted over 99% in favour of the previously announced business combination with Potash One at a special meeting of shareholders held today. Assuming final approval is obtained from the British Columbia Supreme Court, the business combination is expected to close on or about April 16, 2009.

Additional information concerning the Arrangement is provided in Potash North's Management Proxy Circular dated March 5, 2009, which is available at www.sedar.com.

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Re: Shareholders Approve Business Combination With Potash One Inc.

Miltos

Apr 13, 2009 05:43AM

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