Potash Ridge Appoints E. Richard Klue to Board of Directors

TORONTO, May 01, 2018 (GLOBE NEWSWIRE) -- Potash Ridge Corporation (the “Company”) (TSX:PRK) is pleased to announce the addition of E. Richard Klue, B.Com, NHD Ext.Met. to the Board of Directors of Potash Ridge Corporation.

(Edward) Richard Klue is a Fellow of the South African Institute of Mining & Metallurgy (SAIMM), a Metallurgical Engineer by profession and holds a B-Commerce degree. Mr. Klue has been in the mining minerals and metals industry for more than 35 years with the first 18 years in operations, capital & sustaining capital projects, and the latter 18 years dedicated to project, program development and management. Mr. Klue has provided global strategic direction to the mining & minerals industry for studies, projects, operations and has developed and implemented new technologies in Canada, USA, Africa, India, Iran, Russia, Europe and China. His experience involves the full life cycle of mining – geology, permitting, environmental, mining, processing, infrastructure, tailings, operations, maintenance and closure.

Mr. Klue excelled in senior positions such as, President for Tetra Tech Mining & Metals (M&M) Canada, Senior Vice President for Tetra Tech M&M globally, Regional Director for Hatch, Managing Director Canada for Bateman Projects, Executive Committee Member for Messina Investments, Non-Executive Director for Canada Coal, Technical Advisor for Canada Carbon, Metallurgical Manager for Zinc Corporation, Plant Superintendent for Tsumeb Copper-Lead-Zinc, General Manager for Bateman Global Base Metals Division. He also performed many project roles either as Director, Sponsor or Program Manager with the major accent on metallurgical treatment plant designs and layouts for base metals (zinc, lead, copper, cobalt, nickel, molybdenum), precious metals (gold, silver), potash, diamonds, iron ore, coal, uranium and industrial materials (sulphuric acid, graphite and mineral sands). Some signature projects are Skorpion Zinc for Anglo American in Namibia, Rampura Agucha Lead-Zinc concentrator expansion for Hindustan Zinc/Vedanta in India, Kamoto Copper-Cobalt refinery in the DRC, and Lumwana Copper for Equinox in Zambia.

Mr. Klue also has potash project specific experience. As part of Mr. Klue’s duties as President for Tetra Tech M&M Canada, he was responsible for the Saskatoon office in Saskatchewan that executed numerous projects for Mosaic (Esterhazy K1 and K2, Colonsay and Belle Plaine), Potash Corp and Agrium.

Mr. Klue stated,  “I am delighted to be part of the team that will be developing Blawn Mountain (Alunite deposit), the largest known Sulphate of Potash (SOP) project and potential non-bauxite source of alumina in North America.”

“We are pleased to appoint Mr. Klue to the Board of Directors,” stated Andrew Squires, the Corporation’s CEO. “Mr. Klue brings a wealth of hands-on mining-processing and project development experience which will be extremely valuable to the Company when it moves forward with production plans.”

On behalf of the Board of Directors

POTASH RIDGE CORPORATION

Andrew Squires
President & CEO

Contact Information: 
Andrew Squires
CEO, President and Chief Operating Officer
Office: 416-362-8640
asquires@potashridge.com

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).