Encanto Potash is a Potash
exploration company

2018 News Archive

Encanto Announces Stock Option Grant

Encanto Potash Corp. announces that pursuant to the Company's Stock Option Plan, an aggregate of 100,000 incentive stock options have been granted to the Chief Operating Officer of the Company at a price of $0.19 per share, exercisable for a period of 10 years, subject to TSX-V approval.

Encanto Appoints Chief Operating Officer and Announces Next Stages of Mine Plan

Encanto Potash Corp. is pleased to announce the appointment of Mr. Richard Lively to the position of Chief Operating Officer. "Since joining Encanto, Richard Lively has shown great ingenuity to bring the Muskowekwan Potash Project forward", commented CEO Stavros Daskos.

Encanto Potash Corp Successfully Reduces Projected Engineering Costs Significantly to Propel Mining Plan

Encanto Potash Corp. the TSX-V listed Potash development, Mining and Operating company announces its strategic plan to move the proposed potash solution mine project located on Muskowekwan First Nation land forward from today's current status to shovel ready. With the recent addition of Richard Lively, Encanto has value engineered and identified the expected costs to be incurred over the next 16 months to bring the project to a construction start. The projected engineering cost to finalize the EIS, Feasibility Study, and complex Front End Engineering & Design will be $32 million, representing a 40% reduction versus previous estimates.

Encanto to Implement Share Consolidation

Encanto Potash Corp. announces that it intends to effect a consolidation of its common shares on the basis of one (1) new common share for every ten (10) common shares outstanding effective as of May 18, 2018. Encanto currently has 440,817,039 common shares outstanding and, following the share consolidation on a ten (10) to one (1) basis, will have approximately 44,081,704 common shares outstanding. No fractional common shares will be issued and no cash will be paid in lieu of fractional post-consolidation common shares but the number of common shares to be received by a shareholder will be rounded down to the nearest whole common share in the event that such shareholder would otherwise be entitled to receive a fractional common share.

30 Year Veteran from Potash Corp Joins Encanto Potash Corp.

Encanto Potash Corp. is pleased to announce that Mr. Richard Lively joins Encanto following a distinguished career at Potash Corp where he was responsible for many operations involving areas such as, surface and mill operations, including gas plant, wet mill, compaction plant, evaporator and crystallizer plant, tailings system and central control room, all related circuits within these plants and operations of a Delta-V process control system. Mr. Lively was responsible for the supervision of all personnel such as shift mechanics, control room supervisors, all operators, contractors and brings great experience with all aspects of process and operations.

Encanto Potash Corp Initiates Funding Drawdown with Global Emerging Markets, Submits Project Details for Funding Opportunities with Indigenous and Northern Affairs Canada

Encanto Potash Corp. the TSX-V listed Potash development; Mining and Operating company (TSX-V: EPO) is pleased to announce Encanto has filed the requested project information in advance of its application for supplemental funding across various government departments led by Indigenous and Northern Affairs Canada ("INAC"), a federal government department responsible for meeting the Government of Canada's obligations and commitments to First Nations. The filed project information included focuses on upcoming steps of the feasibility study, as well as the projected economic impact for Muskowekwan First Nations, the province of Saskatchewan, and the federal government of Canada. The filed information included a detailed cost forecast and schedules of engineering works planned for 2018. Over the next coming weeks, Encanto and INAC will work together to present specific project elements for funding to the appropriate federal, provincial, and regional departments.