Pacific Potash Corp. has signed an investor relations contract with Octobaan IR Capital Inc. (the consultant) to provide investor relations and corporate communications services to the company. The contract has a term of 12 months. Under the contract, the company has agreed to pay the consultant $6,000 per month and grant 250,000 options, exercisable at the price of 40 cents for a period of 12 months. These options shall be governed by the company's option plan, vest quarterly and comply with Policy 4.4 of the exchange.
Octobaan is an investor relations company owned by Douglas Murray, of Ottawa, Ont., Canada. Octobaan is not related to the company, does not have any direct or indirect material interest in the company or its securities, other than the stock options as described above. All matters reported herein are subject to TSX Venture Exchange approval.
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