American Potash Corp. (AMP:CSE; APCOF:OTCQX) (the “Company“) is pleased to announce that in association with the formally completed name change from Magna Resources Ltd. to American Potash Corp. announced on August 12, 2014, the Company has been assigned the following new trading symbols: AMP on the Canadian Stock Exchange (CSE) and APCOF on the U.S. Over-the-Counter markets highest tier, OTCQX® International (OTCQX).
The common shares of the Company have commenced trading under the new symbols on both exchanges.
There was no consolidation or alteration in the share capital of the Company related to the Companys name change. Shareholders are not required to exchange their existing share certificates for new certificates bearing the new company name and Company shares held electronically in Direct Registration System (DRS) will be booked automatically.
The name change was approved by the shareholders at the Company’s Annual and Special Meeting held on December 20, 2013.
The Companys new CUSIP number is 029065109 and its new ISIN number is CA0290651094.
For additional details on the Company and Project refer to the Companys website www.americanpotashcorp.com.
About the Company
American Potash Corp. is dedicated to the acquisition and development of potash mineral deposits in the USA and elsewhere. The Company, through a wholly owned subsidiary, American Potash Corporation LLC, a Nevada limited liability corporation, holds certain State potash leases and approval of certain federal potash prospecting permits in the State of Utah that constitute the Green River Potash Project, host to a significant potash Exploration Target.
On behalf of the Board of Directors
“Mike Sieb” Rudy de Jonge
Mike Sieb, President Rudy de Jonge, CEO
Neither the OTCQX nor the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release other than purely historical information, including statements relating to the Companys future plans and objectives or expected results, are “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended and Canadian securities laws. Forward Looking Statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Companys business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the Forward Looking Statements.
Key assumptions upon which the Companys forward-looking statements and information are based include: the price of potash will rise and not fall significantly; the Companys ability to secure new financing to continue its exploration and development activities; there being no significant changes in the ability of the Company to comply with environmental, safety and other regulatory requirements; the Companys ability to obtain regulatory approvals in a timely manner; and the Companys ability to achieve its growth strategy. These assumptions should be considered carefully by readers. Readers are further cautioned that the foregoing list of assumptions is not exhaustive. Although the Company believes that the assumptions on which the forward-looking statements or information are made are reasonable, based on the information available to the Company on the date such statements were made, no assurances can be given as to whether these assumptions will prove to be correct.