Potash One Files Summary of the Pre-Feasibility Study Report

Potash One Inc. (the "Company" or "Potash One") (TSX: KCL) is pleased to announce that further to its news release dated June 18, 2009, it has filed today with the Canadian securities regulators, a 17 page summary (the "Summary") of the Preliminary Feasibility Study (the "PFS") on its Legacy potash solution mining project in Saskatchewan, Canada. The Summary was compiled by Potash One Inc. The Summary will be available on SEDAR at www.sedar.com on July 24, 2009 and also on the Company's website at www.potash1.com.

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Athabasca Potash Provides Update on Strategic Review Process

Athabasca Potash Inc. ("API" or the "Company") (TSX: API) today provided an update on its discussions with third parties regarding a potential strategic alliance to develop the Company's Burr Project in Saskatchewan as a low cost conventional potash mine. These discussions were first described in the Company's March 30, 2009 press release, and progress was updated in API's 2009 Q1 MD & A and May 15, 2009 press release.

The Company has established a Special Committee consisting of Messrs. John King Burns (Chair), Leo Bingleman, CA and Ms. Dawn Zhou. The Special Committee will consider and evaluate proposals resulting from these discussions.

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Passport Metals Inc. Acquires 3 Additional Leases in Holbrook Potash Property in Arizona

Passport Metals Inc. (TSX VENTURE:PPI) is pleased to announce that it has acquired 3 new leases adjacent to its property holdings in the Holbrook Basic Potash property. The 3 claims: #08-113498, 640 acres, T16N R22 E Sec 16, #08-113499, 439.79 acres, T15N R 22E Sec 4 and #08-113500, 480 acres, T16N R22E Sec 28 total 1559.79 acres. There are two leases pending approval by the State of Arizona.

In September 2008, Passport entered into a mineral option agreement with Southwest Exploration Inc., a private Arizona incorporated company, to acquire a 100-per-cent interest in 13 state leases comprising 8,413.3 acres (3,404.76 hectares).

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Potash One Significantly Increases Potash Resources at Legacy Solution-Mining Project in Saskatchewan, Canada

Potash One Inc. (the "Company" or "Potash One") (TSX: KCL) announced today that it has significantly increased the potash resource estimate on the Company's Legacy Project - a planned solution mine in Saskatchewan, Canada, based on an updated technical report prepared pursuant to NI 43-101.

The report expands and upgrades the estimated resources on the 97,240-acre project to the following new levels:
- 29 million tonnes of Measured potash resource;
- 222 million tonnes of Indicated potash resource; and
- 852 million tonnes of Inferred potash resource.

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Potash One Appoints Robert M. Friedland as Chairman, to Assist in Securing Financing for New Canadian Potash Production Project

Potash One Inc. (the "Company" or "Potash One") - Paul Matysek, President and Chief Executive Officer of Potash One Inc. (TSX:KCL), announced today that international financier Robert M. Friedland has agreed to become Chairman of the Board of Potash One. Mr. Friedland will advise the Company on its selection of strategic financing partners to develop Potash One's world-class potash (potassium) fertilizer resources in Saskatchewan, Canada.

In conjunction with Mr. Friedland's appointment as Chairman, Mr. Friedland's Singapore-based venture capital Company, Ivanhoe Capital Pte. Ltd., will work under a non-exclusive contract to introduce Asia-based investors to Potash One.

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