Replies to post #2409 on Grass Roots Fertilizer Stocks

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Western Potash to begin trading on TSX-V May 6

2008-05-05 17:03 ET - New Listing
Shares issued 77,995,373


Western Potash Corp.'s initial public offering prospectus dated April 29, 2008, has been filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario securities commissions on April 30, 2008, pursuant to the provisions of the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario securities acts.

The gross proceeds received by the company for the offering were $20,003,500 (18,185,000 common shares at $1.10 per share). The company is classified as a mining

company.


Commence date: At the opening on Tuesday, May 6, 2008, the common shares will commence trading on the TSX Venture Exchange.

Corporate jurisdiction: British Columbia

Capitalization: Unlimited common shares with no par value, of which 77,995,373 common shares are issued and outstanding

Escrowed shares: 13,082,323 common shares

Transfer agent: Pacific Corporate Trust Company

Trading symbol: WPX

Cusip No.: 95922P 10 9

Agents: Wellington West Capital Markets Inc., Canaccord Capital Corp. and Genuity Capital Markets

Greenshoe option: The company has granted a greenshoe option for a period of up to 30 days entitling the agents to purchase up to an additional 15 per cent of the offering at the offering price to cover overallotments, if any.

Agents' warrants: 1,091,100 non-transferable share purchase warrants and one warrant to purchase one share at $1.10 per share for up to 18 months


For further information, please refer to the company's prospectus dated April 29, 2008.