Zulfiquar Ghadiyali Joins the Board of Encanto Potash Corp.

TSXV: EPO

VANCOUVER, Sept. 24, 2018 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") (TSXV: EPO) is pleased to announce H.E. Mr. Zulfiquar Ghadiyali, as a new member of the board of directors of the Company. Mr. Ghadiyali has been in India working with Mr. Daskos since April 2015. He has been key to strategic relationships that started Encanto's momentum in India and has given the Company visibility with strategic partnerships internationally.

"Zulfiquar joins Encanto's Board as the Company continues to transition from its legacy as a junior mining company and into a performing asset. There is much work to do and his energy, tenacity and resilience are an asset," commented Encanto CEO Stavros Daskos.

"We've come a long way to bring Encanto to a level where it's all poised to become an operating potash company. We've put a lot of effort to conclude a long term offtake and now the focus is to achieve financial closure to be able to start production to delivery. We've been in the last leg of our conversation with several legacy investors and investment funds to come on board as this is a long term endeavour to serve the world through food security.  We look forward to further our cause by working very closely with our stakeholders, government and regulatory authorities to ensure timely operations in order to meet delivery timelines," said H.E. Mr. Zulfiquar Ghadiyali. 

H. E. Mr. Zulfiquar Ghadiyali is CEO of The Royal office of His Royal Highness Sheikh Tahnoon bin Saeed bin Tahnoon Al Nahyan- grandson of Rulers representative of Al Ain, Abu Dhabi. H.E. Ghadiyali's role as a CEO involves business and strategic management of investments and projects across Asia and Middle East in field of Real Estate, hospitality and General Trading and investments for the Royal office. H.E. Mr. Ghadiyali have been involved in various Social entrepreneurship projects across Asia, India and Africa and have worked for refugee and humanitarian cause worldwide H.E. Ghadiyali represents industry and society at large and have been pioneer in supporting companies from across the world to establish in Middle East and North Africa with support of highest levels through office of HRH sheikh. Mr. Ghadiyali Is involved on various social and political initiatives in India and UAE. He commands several important positions across oil and Gas Trading, logistics, Education, Aerospace sectors.

About Encanto Potash Corp.
Encanto Potash Corp. is a TSX Venture Exchange listed and traded Canadian Resource company engaged in the development of potash properties in the Province of Saskatchewan, Canada, the largest producing potash region in the world. Through a joint venture agreement with Muskowekwan Resources Ltd, Encanto has secured a project land package which totals approximately 61,000 largely contiguous acres. Pre-Feasibility Study dated February 28, 2013 titled "Encanto Potash Corp. Technical Report Summarizing the Preliminary Feasibility Study for the Muskowekwan First Nations Home Reserve Project in South Eastern Saskatchewan, Canada" confirms the Proven and Probable KCI Reserves totaling 162 Mt grading 28% KCl (average) which supports primary and secondary mining for over 50 years at an assumed annual rate extraction rate of 2.8 Mt of MOP. The PEA dated May 24, 2017 titled " NI 43-101 Technical Report on a Preliminary Economic Assessment and Preliminary Feasibility Study of the Muskowekwan Potash Project, South-Eastern Saskatchewan, Canada" summarizes an alternative development option that supports primary and secondary mining of the Mineral Resources for 48 years at an annual extraction rate of 3.4 Mt of MOP. On December 30, 2016, Encanto signed a 20-year off-take agreement  with the National Federation of Farmers' Procurement, Processing, and Retailing Cooperatives of India Ltd., (NACOF) registered under the Ministry of Agriculture, Government of India to supply 5 million metric tons a year of potash. For additional information about Encanto Potash Corp., please visit the Company's website at www.encantopotash.com or review the Company's documents filed on www.sedar.com

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SOURCE Encanto Potash Corp.

Gary Deathe, Director of Corporate Development, Toronto, Tel: [phone]

Related Links

www.encantopotash.com