Western Potash Corp. Reports Results From Eighth and Ninth Exploratory Wells on the Russell-Miniota Property and Seismic Results from Saskatchewan Property

Western Potash Corp. (the "Company") (TSX VENTURE:WPX)(FRANKFURT:AHE) is pleased to announce that it has received results from its eighth and ninth potash exploration wells drilled within the Russell-Miniota exploration permit in Manitoba, part of the continuing Phase I drill program announced in a press release dated October 22, 2008 within permits QP-168 and QP-172. These Permits cover over 1,000 square kilometers and are adjacent to BHP Billiton's Potash Lease and Agrium's Exploration Permits along the Manitoba border. All drill intercepts noted in this release can be considered to represent the true thickness of the mineralization, as the salt beds are flat lying and the holes were drilled vertically.

Work Program Initiated on 453,058 Acre Potash Prospect

Canasia Industries Corporation (TSX VENTURE: CAJ)(OTCBB: CANSF)(FRANKFURT: 45C) ("Canasia") has engaged Dahrouge Geological Consulting Ltd. of Edmonton Alberta, to initiate a work program on its 100% owned Potash Prospect located on the Alberta/Saskatchewan border. This initial work program will consist of acquiring and interpretation of seismic data over the highest priority potential drill sites. These permits encompass 453,058 acres of lands prospective for potash.

PotashCorp Triples Earnings in Fifth Consecutive Record Year

Potash Corporation of Saskatchewan Inc. (PotashCorp) today announced record fourth-quarter earnings of $2.56 per share(1) ($788.0 million), more than double the $1.16 per share ($376.8 million) earned in the same period last year. This represented our third-best quarter ever and pushed our 2008 earnings to $11.01 per share ($3.5 billion), more than triple the $3.40 per share ($1.1 billion) earned in 2007. This was PotashCorp's fifth consecutive year of record earnings, reflecting the global need for fertilizer and, specifically, the increasing value of potash, our core nutrient.

Although the global economic crisis led to slower demand for all three nutrients and lower prices for phosphate and nitrogen, our potash operations drove fourth-quarter gross margin to $873.1 million, 63 percent above the $535.0 million generated in the same period last year.

Potash One's Second Resource Confirmation Well Intersects a Total of 31.4 Meters of Potash Mineralization With Average Grade of 17.5% K2O

Potash One Inc. (the "Company" or "Potash One") (TSX: KCL)(FRANKFURT: I5X) is pleased to announce that the Company's second resource confirmation well of the 100% owned 97,240 acre Potash One Legacy Project, 'South-2', has intersected a total of 31.4 meters of potash mineralization with a weighted average grade of 17.5% K2O. Well South-2 is located approximately 3.2 km due west of the South-1 well that intersected a total of 39.6 meters of potash mineralization with a weighted average grade of 18.3% K2O, as previously reported by Potash One News Release number "NR 08-30" on December 1, 2008.