Potash Ridge Corporation files Preliminary Prospectus for Initial Public Offering

/NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO U.S. NEWS WIRE SERVICES/

TORONTO, Sept. 26, 2012 /CNW/ - Potash Ridge Corporation ("Potash Ridge" or the "Corporation") announced today that it has filed, and obtained a receipt for, a preliminary prospectus for the initial public offering (the "Offering") of common shares (the "Shares") with the securities commissions of all provinces in Canada. The proposed Offering will be underwritten by a syndicate of underwriters co-led by National Bank Financial Inc. and Clarus Securities Inc. and including GMP Securities L.P., Scotia Capital Inc., Cormark Securities Inc. and Dundee Securities Ltd. Pricing of the Offering will be determined in the context of the market prior to the filing of a final prospectus in respect of the Offering.

The preliminary prospectus has not yet become final for the purpose of a distribution of securities to the public and is subject to completion or amendment. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province of Canada prior to the time a receipt for the final prospectus or other authorization is obtained from the securities commission or similar authority in such province. Copies of the preliminary prospectus will be available on the website www.sedar.com.

Completion of the Offering is subject to and conditional upon the receipt of all necessary approvals, including regulatory approvals.

The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of that Act. This news release does not constitute an offer for sale of these securities in the United States of America.

SOURCE: Potash Ridge Corporation

Sasha Radenovic
Manager of Investor Relations

P: 416.362.8640 ext. 101
E-mail: [email protected]