Pacific Silk Road Resources Group Inc (PPOTF)

[ErnieBilco]

PACIFIC POTASH CORPORATION COMPLETES $2.25 MILLION PRIVATE
PLACEMENT FINANCING
VANCOUVER, BRITISH COLUMBIA – April 11th, 2013 - Pacific Potash Corporation (TSX-V: PP;
OTCQX: PPOTF; FSE: P9P, “the Company”) is pleased to announce that the Company has completed,
subject to regulatory approval, a non-brokered private placement (the Offering) pursuant to which a total
of 28,125,000 units (Units) have been subscribed for at a price of CDN$ 0.08 per unit for gross proceeds
of CDN$2,250,000.
The Company intends to use the net proceeds of the Offering to execute a summer 2013 exploratory drill
program on the Company’s claims within the Amazonas Potash Basin in Brazil and for general corporate
purposes.
Each Unit of the placement consists of one common share of Pacific Potash (Shares) and one common
share purchase warrant (Warrants). Each Warrant entitles the holder to purchase one Share at a price of
CDN$ 0.13 for a period of 30 months following the closing date of the Offering.
All securities issued in connection with the Offering will be subject to a four month hold period from the
date of issuance in accordance with applicable securities law. The closing of the Offering is subject to
receipt of TSX approval.
About Pacific Potash Corporation
Pacific Potash Corporation trades on the TSX Venture Exchange under the symbol: PP, as well on
the OTCQX under the symbol: PPOTF and on the Frankfurt Stock Exchange under P9P. Pacific
Potash is engaged in the exploration and development of the Amazonas Basin Project and the
surrounding potash claims targeting the Middle Amazonas Potash Basin, currently the host to
multiple new exploration campaigns for potash. The Company also is exploring the Provost Potash
Property and the surrounding potash claims targeting the prolific Prairie Evaporite Formation, which
is host to multiple conventional and solution potash mines.On behalf of the Board,
Pacific Potash Corporation
Balbir Johal, LL.B
Executive Chairman & Director
For further information, please visit our website at www.pacificpotash.com or contact our V.P of
Corporate Communications, Mike Blady:
Mike Blady
Office: 604.895.7446
Email: [e-mail]