Potash One appoints Ferguson as Legacy project director
2008-03-31 09:59 MT - News Release
Mr. Paul Matysek reports
POTASH ONE APPOINTS MIKE FERGUSON LEGACY PROJECT DIRECTOR
Potash One Inc. has appointed Mike Ferguson as project director for its Legacy potash project in southeastern Saskatchewan.
Mr. Ferguson is a professional engineer and senior project manager with significant experience in the Saskatchewan uranium and potash industries. Mr. Ferguson's potash experience started in 1984 working in an underground potash mining operation, continuing through maintenance engineering work in a potash mill, and onto engineering design and project delivery. He has worked for all the major potash producers in Saskatchewan including Mosaic, Potash Corp. of Saskatchewan and Agrium. Mr. Ferguson also led projects overseas in the Middle East and Southeast Asia.
Most recently, Mr. Ferguson served as a general manager for Wardrop Engineering and operations manager with AMEC prior to that. He earned his BSc in mechanical engineering from the University of Saskatchewan and graduate certificate in project management from Pennsylvania State University.
Paul F. Matysek, president and chief executive officer of Potash One, said: "I am very excited to welcome Mike Ferguson to our team. He has over 20 years of direct project management experience in potash industry and brings wealth of knowledge to Potash One. Mike's direct experience in building engineering and project teams and successfully delivering projects ranging from small in-plant upgrades to major greenfield works, at both the study and implementation phases, will bring the necessary focus and organization to Potash One in order to successfully develop the Legacy project."
The company has also granted an additional 500,000 stock options pursuant to its previously approved stock option plan to directors, officers and consultants. These options were granted at an exercise price of $3.85 per share for a period of three years.
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