Potash One Inc.: Legacy Project Update

Paul Matysek, President and CEO of Potash One Inc. (the Company or "Potash One") (TSX: KCL) states, "Potash One remains committed to the rapid development of the Legacy Project as management believes that:

- the fundamentals for a Greenfield potash solution mining opportunity in Saskatchewan continue to be strong;

- the solution mining approach to potash production provides many benefits, not the least of which are: lower capital cost to production, shorter timeline to production and significantly reduced technical risk in mining when compared to conventional potash mining techniques;

Athabasca Potash Inc. Announces Indicated Mineral Resources of 241 Million Tonnes in the Burr Project

Athabasca Potash Inc. ("Athabasca") (TSX:API) is pleased to announce an updated potash resource estimate for the Burr Project prepared by AMEC Americas Limited ("AMEC"). The potash resource estimate is based on the 14 wells completed to date in the Burr Project. The Lower Patience Lake Sub-Member ("LPL") contains Indicated Mineral Resources of 241,200,000 tonnes with a grade of 23.3% K2O and an Inferred Mineral Resource of 183,100,000 tonnes with a grade of 23.2% K2O. There is an additional Inferred Mineral Resource of 39,300,000 tonnes, with a grade of 13.2% K2O in the Upper Patience Lake Sub-Member ("UPL").

Migao Corporation Signs 50,000 Tonne Contract to Supply Potash Fertilizer

Secures Supply of Potassium Chloride

Migao Corporation, (TSX:MGO) a China-based specialty potash fertilizer producer, is pleased to announce that it has received major purchase orders to supply 50,000 tonnes of potassium sulphate.

The potassium sulphate is to be supplied by Migao's wholly-owned subsidiary Guangdong Migao and delivered by rail to three surrounding provinces for application on high value crops. Delivery of the potassium sulphate is to be completed by January 30, 2009.

"As a result of this order and other commitments for our specialty potash-based fertilizers, all of our production, across all of our facilities, is sold forward until March 2009," said Mr. Liu Guocai, Migao's CEO. "We continue to experience strong demand for our fertilizers from the high value crop market sectors we serve throughout China. For farmers to achieve the yield and quality consumers are demanding for crops such as tobacco, fruits and vegetables they must continue to apply our fertilizers in the prescribed manner."