First Potash Corp. (fka SALTF)

[Renee]

SALTF revoked:

https://www.sec.gov/litigation/admin/2016/34-77514.pdf

[Renee]

SALTF SEC Suspension for Financials / Filings delinquencies:

http://www.sec.gov/litigation/suspensions/2015/34-76725.pdf

Order:

http://www.sec.gov/litigation/suspensions/2015/34-76725-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2015/34-76726.pdf

[Renee]

SALTF is severely delinquent in filing their Financials and corporate filing obligations to the SEC. On Feb. 20, 2015 the SEC suspended 8 stocks from the Delinquent SEC Filers list, and it is likely that more delinquent Filers will be suspended.

Since Jan 1st, 2010 the SEC has suspended over 1290 stocks for Financials delinquencies. All of those Suspended stocks had their stock registrations revoked.

Shareholders should contact the company and pressure the Mgmt to file their delinquent Financials because ALL shareholders would be wiped out IF the SEC suspends the stock.

SALTF is on the list of delinquent filers:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110680509

[ofspring]

Look at that 100 shares here... 9500% up

[ofspring]

Big spread....

[Mierto]

To answer my own question from a few months ago, at least we are trying out new stock symbols! Not sure about anything else...

[Mierto]

Is this company still operating

[mick]

thank you, re;
First Potash (SALTF)
0.0271 ? 0.0 (0.00%)
Volume: 0 @- ET

Bid Ask Day's Range
0.01 0.025 - - -

SALTF Detailed Quote Wiki


PALTF News: Pan American Lithium Corp. Announces Company Name Change and Shift in Corporate Focus 11/26/2012 05:20:05 PM

[ofspring]

http://content.stockpr.com/paltf/media/89bb7a5e5c39c727beb5181c4ce91c13.pdf

[ofspring]

Alittle bit of volume yesterday?????

[Ace Trader]

Things are building about the Lithium industry in Chile! Since the BS over the CEOL's. The government and private sector have invested millions $$$ into this! The quick cost-effective around the law is to have the state owned mining company to start mining Lithium!

Now last year they said is was not profitable for them to mine Lithium. They sure have changed there mind after the Gov set out there plan?

And you are asking what the plan is????

Gov decides that if they control the market, they control the price! HOW CAN THEY DO THAT. Be the only company mining Lithium with no quoter!

Now, they don't to much good Lithium concessions right! So all these private companies are going to have to JV to them. These companies cannot mine and sell them selfs to the state owned company, so they have to let the state own company mine it on there behave. The only way around the law!!

Believe it! !!! The Gov cannot change the law, to costly,to much time!

ALL these companies now have a chance!

[ofspring]

GOOD READING FOR ALL WHATS GOING ON IN CHILE!!http://www.indmin.com/Article/3133565/Projects-in-the-Pipeline-Advancing-lithium-projects-and.html

[Mierto]

A pretty nice chunk picked up hy someone, im curious as to why though. No news or anything, just a higher ask

[mick]

4? - SALTF 0.0165 0.00 0.00% 0 Chart, News FIRST POTASH

[ofspring]

The ask is up to 4 again mabey somethings brewing... SALTF

[mick]

interesting, potash is hot commodity. saltf any assets details?

new to this one!

[ofspring]

I think it takes about 60 days to get a chart after a ticker change...

[mick]

10week MA----20week MA

[ofspring]

Yep its still there but they cant get it yet..

[mick]

where there is potash there is lithium?

[ofspring]

Good to see ya mick keep a eye on it there should be more updates coming... SALTF ASK WAS ON .10 FOR A FEW DAYS BEFORE THE NEWS CAME OUT INTERESTING IMO..

[mick]

on radar; First Potash (SALTF)
0.013 ? 0.0 (0.00%)
Volume: 0 @- ET

Bid Ask Day's Range
0.017 0.036 - - -

SALTF Detailed Quote Wiki

[ofspring]

Your welcome keep it on watch mark the board i suspect there will be more updates in the future.. SALTF

[marcpopo]

Thanks for the response, looks like i will dig a little deeper in to SALTF.

Appreciate your time..

[ofspring]

I suspect its because it use to be a lithium stock... Its kinda mess up because chile screwed the lithium part but instead of waiting for it too change the laws SALTF will concentrate on getting other minerals like POTASH.. I believe this will be the start of juniors in chile for POTASH..

[marcpopo]

Why is there such a lack of interest in this stock. The news sounds great. I haven't done any research I this stock myself.

Just asking !!

[ofspring]

"We are pleased that in such a difficult funding environment for junior-mining resource companies, an experienced, fundamental investor was able to analyze one of our projects and understand its full potential and partner with us in such a constructive way," said Andrew Brodkey, CEO of First Potash Corp. "We are excited that we will be able to deploy capital to move one of our core projects forward towards the eventual goal of producing potash (for fertilizer) at Salar de Pedernales. Minex entities have been indirect investors in the Company before, and we are grateful that they are showing their support for the Company's change of focus to commercialize potash (for fertilizer) from our Chilean properties."

The Company also announces that its shareholders approved a new 20% fixed stock option plan at its Annual General Meeting held on November 30, 2012, which replaced the Company's previous 10% rolling plan. On December 13, 2012, the Company granted a total of 5,550,654 options to management and directors in two tranches, the first half at a strike price of $0.10, and the second half at a strike price of $0.15. Exercise of such stock options are conditional upon prior approval of the TSXV

[Mierto]

Be interesting to see how this plays out, mining company j/v usually turn out good for the stock holders tho :)

[ofspring]

Theres a pr. JV

[marcpopo]

First Potash Corp. Announces Earn-In and Joint Venture, and Grant of Options Under New Corporate Stock Option Plan

First Potash Corp. (TSX-V:FSP) (OTCBB:SALTF) ("First Potash" or the "Company") is pleased to announce that it has entered into a Letter of Intent for a US$2.5 million Earn-In and Joint Venture agreement (the "Agreement") with MinexVentures VII,a Colorado limited liability company ("Minex") to develop one of the Company's 10 brine salar properties,at the Salar de Pedernales in Chile's Atacama Region III (the "Property").

To earn an undivided 45% interest in the Company's wholly-owned Salar de Pedernales potassium and lithium brines project,Minex must provide funding for Property expenditures totaling at least $2.5 million within two years of the date of the approval of the Agreement by the TSX Venture Exchange (the "TSXV") (the "Effective Date"). Minimum expenditures of US$900,000 are anticipated to be funded by Minexduring the first calendar year after the Effective Date.

The Agreement contemplates that Minexwill fund and earn project interests as per the following table:

MILESTONE EARN-IN EXPENDITURES paid to or for FPC

INCREMENTAL % INTEREST EARNED IN PROJECT February 12, 2013 US$100,000 5 March 15, 2013 US$100,000 5 Delivery of inferred resource estimate US$700,000 10

Delivery of pre-feasibility study ("PFS") or preliminary economic assessment ("PEA") US$1,600,000 25

TOTALS US$2.5 million 45

At completion of the Earn-In,First Potash will deliver 2 million fully-paid common shares of the Company to Minex,which shares will be subject to a hold period in accordance with applicable securities laws. If Minexwithdraws prior to full completion of Earn-In,First Potash shall deliver common shares to Minexpro-rata corresponding to the project interests Minex has earned. The parties have also agreed to reserve and convey to First Potash a 2% NSR production royalty capped at US$6 million,one-half of which can be repurchased by Minexfor US$2 million prior to commercial production. At Earn-In,the parties intend to enter into a more formal Joint Venture Agreement governing operations at Pedernales.

The Company anticipates that the joint venture's focus will be on developing the Salar de Pedernales property through exploration, geochemical and geophysical analyses,pre-feasibility studies,permitting,and drilling, among other related activities. It is anticipated that activities under the Earn-In will allow FPC to deliver a completed Technical Report under National Instrument 43-101 and a preliminary economic analysis ("PEA") with respect to the Property within two years of the Effective Date. The Agreement is subject to TSXV approval.

The Salar de Pedernales is the second largest salar in Chile and is located approximately 4 hours from the city of Copiapo. First Potash owns mineral concessions at Pedernales of 5,100 hectares and through its subsidiary and operating agent has submitted applications for water exploration rights covering approximately 15,000 hectares at the Property, making it the largest project in its portfolio of 10 brine salar projects.

"We are pleased that in such a difficult funding environment for junior-mining resource companies,an experienced,fundamental investor was able to analyze one of our projects and understand its full potential and partner with us in such a constructive way," said Andrew Brodkey,CEO of First Potash Corp. "We are excited that we will be able to deploy capital to move one of our core projects forward towards the eventual goal of producing potash (for fertilizer) at Salar de Pedernales. Minexentities have been indirect investors in the Company before,and we are grateful that they are showing their support for the Company's change of focus to commercialize potash (for fertilizer) from our Chilean properties."

The Company also announces that its shareholders approved a new 20% fixed stock option plan at its Annual General Meeting held on November 30,2012,which replaced the Company's previous 10% rolling plan. On December 13,2012,the Company granted a total of 5,550,654 options to management and directors in two tranches,the first half at a strike price of $0.10,and the second half at a strike price of $0.15. Exercise of such stock options are conditional upon prior approval of the TSXV.

About First Potash:

[ofspring]

Yep me too.. always at work just check all boards when I can... It was at .03. MABEY NEWS COMING... SALTF

[Ace Trader]

Interesting indeed. I'm craned with work haven't been in board for a bit but will keep an eye in things. RS may not be happening with MM.. Who knows ?
Stay in touch

[ofspring]

The ask is on. 10 could be moving up quickly. .. SALTF

[ofspring]

We'll it looks like somebody is little more secure on buying.. POTASH????

[Mierto]

Well with no more lithium mining in Chile for "Potash" this stock is just about worthless. Enjoy the tax write offs haha!

[ofspring]

First trade of the new FIRST POTASH CORP... YIPPEEE..

[ofspring]

World Scale Resource
The management of FPC believes that its existing Chilean Brine Salar properties are big enough to be considered a “World Scale Resource”; large enough to be attractive to both investors and off-take partners.
?Two reasons for this:
–Inferred Resource Estimate and Potential Annual Production of Laguna Verde project(1)
–Previous ability of FPC to attract Global Blue-Chip Strategic Partner / Investor
(1)Inferred Resource Estimate is only for the Surface Lake portion of Laguna Verde.
(2)NI 43-101 Technical Report filed on SEDAR on June 14, 2010
(3)S&P Capital IQ Pricing Data for POSCO (KOSE:A005490) as of November 9th, 2012.
First Potash Corp. (TSXV:FSP) / (OTCBB:SALTF)
FPC’s Laguna Verde Project (Chilean Brine Salar)
One of South Korea’s most respected companies. Focused on Steel Production, Engineering, Construction, Energy and Resource Development, and other Heavy Industrial Manufacturing.
FPC’s Laguna Verde project has the capacity to produce on a scale that exceeds well-known projects of some of the largest Potash companies in the world.
?Laguna Verde has NI 43-101 Inferred Resource estimate of 4,223,134 tons of KCl(2) The management of FPC was previously able to attract a Global Strategic Blue-Chip Partner as an investor in its Chilean Salar Brine properties.
?In September 2011, POSCO (KOSE:A005490), the South-Korean based, global multi-industrial conglomerate with $22.2 billion market capitalization(3) invested $1.5 million into FPC’s predecessor company.
–POSCO was focused on FPC’s properties for Lithium Carbonate
–FPC believes that the collective size of its Chilean Brine Salar properties will be big enough to attract other Strategic Partners to commercialize their Potash.

[ofspring]

INVESTOR FACT SHEET: First Potash Corporation (TSXV:FSP) / (OTCQB:SALTF)
First Potash Corporation (“FPC”) is engaged in the business of acquiring, exploring, and developing properties throughout the Western Hemisphere that contain Potash.
?Incorporated in British Columbia, Canada, with headquarters in Tucson, Arizona, USA. FPC has a portfolio of ten Brine Salar properties (not hard rock) in the Atacama Region of Chile, that cover a cumulative area in excess of 22,000 hectares and have the potential to produce Potassium, Lithium, and other important minerals from surface lakes and subsurface brines. These Brine Salar properties are among the lowest-cost property types to extract Potash from in the world. FPC has an NI 43-101 resource estimate(1) for one of its properties (Laguna Verde).
?Average Potassium (K) grade of 4,881mg/liter; 4,223,134 metric tons of Potassium Chloride equivalent
?Average Lithium (Li) grade of 212.40 mg/liter; 512,960 metric tons of lithium carbonate equivalent
Map of Chile / Atacama Region III / Overview of Projects
Project Name
Hectares
Next Steps
Inferred Potassium (tons) / Grade(1)
Inferred Lithium (tons) / Grade(1)
Laguna Verde
3,400
Pre-Feasibility Study
4,223,134 Tons; 4,881 mg/l
512,960 Tons ; 213 mg/l
Salar de Pedernales
5,100
NI-43101 Study
TBD
TBD
Laguna Brava
4,400
NI-43101 Study
TBD
TBD
Salar de Maricunga
1,220
Trenching Study
TBD
TBD
Salar Piedra Parada
3,600
Trenching Study
TBD
TBD
Lagunas Jilgueros
1,500
Trenching Study
TBD
TBD
La Laguna
400
TBD
TBD
Laguna Escondida
900
TBD
TBD
Salar Ignorado
600
TBD
TBD
Salar de Wheelwright
1,200
TBD
TBD
T O T A L
22,320
FPC owns several unique and exciting type of mining properties, called Brine Salars.
?Brine Salars are located in Andean Mountain region of South America; cover parts of Chile / Bolivia / Argentina.
?They contain significant concentrations of lithium (batteries) and potassium (fertilizer).
?Potash is easier to access than those in hard rock under the ground (cost, mining and processing methodology) because minerals are already dissolved in the brine solutions and are part of a crust that is already on the surface.
Why Invest in First Potash Corporation?
Lowest Cost of Commercialization
?FPC’s Brine Salars are among the lowest-cost property types to extract Potash from in the world
?No need to mine Potash, its already in solution (brines)
Safety in Chile
?Considered to be one of the most mining-friendly countries
Key Access to Markets
?Low-cost access to the 2 largest importers of Potash (for fertilizer) (China & Brazil)
World Scale Resource
?FPC’s Brine Salars are large; significant in size to attract strategic investor partners
Potash Fundamentals
?Explosive demand for fertilizers around the world; one of the most important resource stories of the next 25 years and its role in feeding the world’s growing population
?Price estimates 6X from early-2000s
Near-Term Valuation Milestones
?Minimal investment can show significant resources from 2 major projects in FPC’s property portfolio

[ofspring]

Nemo come on over check it out I did what I could if you want to help... oh your here yes I hope WL has something coming soon...

[Ace Trader]

I guess the name change co insides with mining Potash in stead in Lithium. Goes to show what one will do to keep the company afloat. Now what's WL got in store???

[ofspring]

Pan American Lithium Corp. Announces Company Name Change and Shift in Corporate Focus

TUCSON, Ariz., Nov 26, 2012 (GlobeNewswire via COMTEX) -- Pan American Lithium Corp. (TSX-V:PL) (OTCBB:PALTF) (the "Company"), is pleased to announce that, effective at the open of market on November 26, 2012, it changed its name to First Potash Corp., which will reflect the Company's shift in focus toward primarily developing and commercializing potash from its Chilean brine salars.
The Company's new trading symbol on the TSX Venture Exchange in Canada will be "FSP", and on the OTC Bulletin Board in the United States will be SALTF. The Company will remain incorporated in British Columbia, Canada, and the headquarters will remain in Tucson, Arizona. The Company's corporate website will change to www.firstpotashcorp.com.

The Company's management team decided to shift the Company's emphasis to commercialize potash, an essential ingredient in fertilizer, from lithium for several reasons.

The first was in response to recent events in the Chilean mining sector. The Chilean government awarded a lithium concession to Sociedad Quimica y Minera in September of this year but subsequently cancelled this contract in the face of opposition from the Chilean congress and legal challenges from other parties with lithium properties in the country. These events have made the legal path towards the commercialization of lithium less clear than ever. The Company is encouraged that there are parties leading the charge to have more stakeholders included in the lithium commercialization process, including Li3 Energy, Inc. in conjunction with one of its investors, POSCAN, the Canadian subsidiary of the Korean multi-industrial conglomerate, which also owns 18% of the Company.

The second reason the Company is changing its focus is because the management team of the Company believes the long-term fundamentals of potash are very attractive, as potash is a major component of fertilizers. The Population Division of the Department of Economic and Social Affairs of the United Nationals published an estimate in 2010 that by the year 2050 there will be close to 9.3 billion people on earth, an increase of more than 2 billion people. For this reason and others, the management team of the Company believes that there will be a very strong, long-term demand for fertilizer materials throughout the world.

The Company maintains its portfolio of ten Brine Salar properties (not hard rock) in the Atacama Region of Chile, that cover a cumulative area in excess of 22,000 hectares and we believe they may have the potential to produce potassium, lithium, and other important minerals from surface lakes and subsurface brines.

"Our company has been working to advance the potash commercialization of our potash properties for some time, and these recent events in Chile just accelerate a process that was already underway," said Andrew Brodkey, CEO of First Potash Corp. "We believe that Chile is still one of the best mining jurisdictions in the world and we believe the government of Chile will come to a long-term solution with respect to lithum rights. In the meantime, we are very excited about the shift in focus to what we think will be a very attractive commodity resource play, and also one that we believe will be important to help ensure food safety around the world."

The management team of the Company believes the Company's Chilean brine salar properties are in the property classification of being lowest-cost producing type that exist to extract potash, and are encouraged by the fact that there is commercial production of potash from other very similar types of projects, including the one in Wendover, Utah by Intrepid Potash, Inc. While traditionally, the majority of potash has been found in hard-rock deposits (like the ones owned by Potash Corp. of Saskatchewan, Inc., as demand continues to grow, there are new projects that are moving towards commercialization in places that are outside the traditional areas with which investors are familiar. Examples include the open-pit mining project Eritrea by South Boulder Mines Ltd., and the solution mining project in Ethiopia by Allana Potash Corp. to name just a few of the projects that may have been unlikely in years past.

About First Potash Corp.:

The Company is a publicly traded company that is engaged in the business of acquiring, exploring, and developing properties throughout the Western Hemisphere that contain Potash. The Company has a portfolio of ten Brine Salar properties in the Atacama Region of Chile, that cover a cumulative area in excess of 22,000 hectares that the Company believes may have the potential to produce Potassium, Lithium, and other important minerals from surface lakes and subsurface brines. The Company's corporate website is www.firstpotashcorp.com.

FIRST POTASH CORP. /s/ Andrew Brodkey Andrew A. Brodkey President and CEO Tel: [phone]

Forward Looking Statements

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements that: (i) the Company is encouraged that there are parties leading the charge to have more stakeholders included in the lithium commercialization process; (ii) the Company believes the long-term fundamentals of potash are very attractive, as potash is a major component of fertilizers; (iii) the Company believes that there will be a very strong, long-term demand for fertilizer materials throughout the world; (iv) the Company believes that Chile is still one of the best mining jurisdictions in the world; (v) the Company believes the government of Chile will come to a long-term solution with respect to lithum rights; and (vi) the Company believes the Company's Chilean brine salar properties are in the property classification of being lowest-cost producing type that exist to extract potash, and are encouraged by the fact that there is commercial production of potash from other very similar types of projects. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation, the following risks and uncertainties: (i) adverse market conditions; (ii) a decrease in demand for and price of potash; (iii) the inability to obtain, or a change in local governmental or regulatory approval or policies that may adversely affect the exploration work; and (iv) general uncertainties with respect to mineral exploration in general. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

Neither 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.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: First Potash Corp.; Pan American Lithium Corp.

[Renee]

Pan American Lithium Corp. changed to First Potash Corp.

Ticker remains PALTF.

http://www.otcbb.com/asp/dailylist_detail.asp?d=11/26/2012&mkt_ctg=OTCBB

[ofspring]

Hey diidii nice buys today too... PALTF

[ofspring]

[ofspring]

Good time to look at this stock more....

[ofspring]

The pps are stabe....

[ofspring]

Got a great ceo...

[ofspring]

It could get busy here with chile update..

[br0ke-n00b]

no volume no news.. another shell?

[ofspring]

Wow nice jump...