Pacific Potash And Cowley Mining Plc Agree To Extension
27 Setembro 2013 - 4:39PM
Access Wire
Vancouver, British
Columbia - September 27th, 2013 - Pacific Potash Corporation
(TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "the Company") wishes to
announce that, further to the Company's news release of August
27th 2013, it has
agreed with Cowley Mining Plc ("Cowley") to
extend the deadline to announce a firm intention to make an offer
for Cowley to October 11th
2013. No consent to this extension is required from
the UK Panel on Takeovers and Mergers as the parties have been
informed by the Panel that the City Code on Takeovers and Mergers
does not apply to this transaction.
About Cowley Mining
Plc
Cowley is a privately-owned junior exploration
company registered on the Isle of Man with corporate offices in
Brasilia, Brazil, and London, UK. The Company is focused on the
exploration and development of three potash exploration claim
blocks in the states of Amazon and Para, Northern Brazil, East of
Manaus. Cowley holds approx. 929,000 hectares extending over the
Amazonas Potash Basin including areas adjacent to proven Petrobras
deposits, Fazendinha and Arari.
About Pacific Potash Corporation
Pacific Potash
Corporation trades on the TSX Venture Exchange under the symbol:
PP, as well on the OTCQX under the symbol: PPOTF and on the
Frankfurt Stock Exchange under P9P. Pacific Potash is engaged in
the exploration and development of the Amazonas Potash Project and
the surrounding potash claims targeting the Middle Amazonas Potash
Basin, currently the host to multiple new exploration campaigns for
potash. The Company also is exploring the Provost Potash Property
and the surrounding potash claims targeting the prolific Prairie
Evaporite Formation, which is host to multiple conventional and
solution potash mines.
We seek safe
harbour.
On behalf of the
Board,
Pacific Potash Corporation
Balbir
Johal
Executive Co-Chairman
& CEO
For further
information, please visit our website at www.pacificpotash.com
or contact our V.P of Corporate Communications, Mike
Blady:
Mike Blady
Office: +1
604.895.7446
Email:
mblady@pacificpotash.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Caution concerning
forward-looking information
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable securities
laws. This information and statements address future activities,
events, plans, developments and projections. All statements, other
than statements of historical fact, constitute forward-looking
statements or forward-looking information. Such forward-looking
information and statements are frequently identified by words such
as "may," "will," "should," "anticipate," "plan," "expect,"
"believe," "estimate," "intend" and similar terminology, and
reflect assumptions, estimates, opinions and analysis made by
management of Pacific Potash in light of its experience, current
conditions, expectations of future developments and other factors
which it believes to be reasonable and relevant. Forward-looking
information and statements involve known and unknown risks and
uncertainties that may cause Pacific Potash's actual results,
performance and achievements to differ materially from those
expressed or implied by the forward-looking information and
statements and accordingly, undue reliance should not be placed
thereon.
Risks and uncertainties that may cause actual results to vary
include but are not limited to the availability of financing;
fluctuations in commodity prices; changes to and compliance with
applicable laws and regulations, including environmental laws and
obtaining requisite permits; political, economic and other risks;
as well as other risks and uncertainties which are more fully
described in our annual and quarterly Management's Discussion and
Analysis and in other filings made by us with Canadian securities
regulatory authorities and available at www.sedar.com. Pacific Potash disclaims any obligation to
update or revise any forward-looking information or statements
except as may be required.
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