Encanto Potash is a Potash
exploration company

2010 News Archive

Encanto Potash Corp. Announces Closing of $5,500,000 Private Placement Offering of Non Flow-Through Units and Flow-Through Shares

Encanto Potash Corp. ("Encanto" or the "Company") announces the closing of its brokered private placement on December 17, 2010 with Primary Capital Inc., and Industrial Alliance Securities Inc., for its private placement offering (the "Offering") of 12,500,000 non flow-through units (the "Units") and, 1,000,000 common shares to be issued on a "flow-through" basis ( the "Flow-Through Shares"), for aggregate gross proceeds to the Company of $5,500,000.

Encanto Announces Assay Results From Third and Fourth Wells

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to report the assay results from its 15-14-27-16W2 and 15-16-27-15W2 wells. These are the third and fourth wells in the Company's 2010 delineation drilling program on its Muskowekwan property in Saskatchewan. Encanto has now drilled a total of five wells on this permit. The drill program is now complete.

Encanto Potash Corp. Announces Options Grant

Encanto Potash Corp. Announces $5,500,000 Private Placement Offering of Units and Flow-Through Shares

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to announce that it has entered into an agreement with Primary Capital Inc., and Industrial Alliance Securities Inc. (the "Agents"), to act as co-lead agents on a best-efforts basis, for a brokered private placement offering (the "Offering") of up to 12,500,000 in units at $.40 per unit (the "Units"), and up to 1,000,000 common shares to be issued on a "flow-through" basis at $.50 per common share (the "Flow-through Shares") for aggregate gross proceeds to the Company of $5,500,000.

Encanto Potash Corp. Announces Options Grant

Encanto Announces Assay Results From Lestock 11-18 Well

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to report the assay results from the Lestock 11-18-27-15W2 well. This is the second well of the Encanto four well evaluation program on its Muskowekwan property in Saskatchewan and the third hole in total.

Encanto Announces Assay Results From Lestock 7-2 Well

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to report the assay results from the Lestock 7-2-27-15W2 well. This is the first well in the Encanto four well evaluation program on its Muskowekwan property in Saskatchewan.

Encanto And Muskowekwan First Nations Sign Joint Venture Agreement

Encanto Completes Drilling of First Hole, Begins Drilling of Next Two & Completes Previously Announced Financing

Encanto Potash Corp. Announces 11,150,000 Unit Private Placement To Raise Up To $2,007,000

Encanto Potash Corp. Announces Drilling Commencement

Encanto Potash Corp. Enters Into Joint Venture For The Exploration Of Oil And Gas Assets On First Nations Lands In Saskatchewan

Encanto Potash Corp. Discloses Initial 3D Seismic Results and Hires Barlon Engineering to Oversee Muskowekwan Drill Program

Encanto Potash Corp. ("Encanto") is pleased to announce the initial interpretations of results from its 65 square kilometre 3D survey over the Muskowekwan First Nation Lands in central Saskatchewan.

Encanto Potash Corp. Announces Engagement of North Rim Exploration Ltd.

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to announce the engagement of North Rim Exploration Ltd. ("North Rim"), of Saskatoon, Saskatchewan for the purpose of reviewing drill hole and seismic data and calculating an anticipated potash resource on the Company's potash project located in the Prairie Evaporite Basin of Saskatchewan, Canada.

Encanto Potash Corp. Announces Options Grant

Encanto Potash Corp. ("Encanto" or the "Company") announces that pursuant to the Company's Stock Option Plan, a total of 7,950,000 incentive stock options have been granted to directors, officers, charities and consultants of the Company. The options are exercisable at a price of $0.15 per share for a period of 10 years.

Encanto Potash Corp. Announces Closing $6,000,000 Private Placement Offering of Flow-Through Shares and Non-Flow Through Units

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to announce the closing of its brokered private placement with Primary Capital Inc., and Industrial Alliance Securities Inc., on July 6 , 2010 for its private placement offering (the "Offering") of 33,333,332 common shares to be issued on a "flow-through" basis ( the "Flow-Through Shares") and 6,666,667 non flow-through units (the "Units"), for aggregate gross proceeds to the Company of $6,000,000.

Encanto Potash Corp. Announces $6,000,000 Private Placement of Flow-Through Shares and Non Flow-Through Units

Encanto Potash Corp. (the "Company") is pleased to announce that it has entered into an agreement with Primary Capital Inc. ("Primary") to act as lead agent and Industrial Alliance Securities Inc. ("Industrial"), on a guaranteed basis, for a private placement offering (the "Offering") of up to $5,000,000 in common shares to be issued on a "flow-through" basis ( the "Flow-Through Shares") and up to $1,000,000 in non flow-through units (the "Units"), for aggregate gross proceeds to the Company of $6,000,000.

Encanto Potash Corp. Clarifies Private Placement Offering

Encanto Potash Corp. (the "Company") wishes to confirm that further to today's press release announcing the guaranteed private placement offering of $6,000,000 with Primary Capital Inc. ("Primary") and Industrial Alliance Securities Inc. ("Industrial"), the previously issued press release dated May 17, 2010 announcing a private placement with Mackie Research Capital ("Mackie Research") was previously terminated.

Encanto Potash Corp. Announces $6,000,000 Private Placement Offering of Flow-Through Shares and Units

Encanto Potash Corp. (the "Company") is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation ("Mackie Research Capital") to act as lead agent and sole bookrunner, on a best-efforts basis, for a private placement offering (the "Offering") of up to $5,000,000 in common shares to be issued on a "flow-through" basis ( the "Flow-Through Shares") and up to $1,000,000 in units (the "Units"), for aggregate gross proceeds to the Company of $6,000,000.

Encanto Potash Corp. Exercises Repurchase Option 26,000,000 Shares Issued To Lion Energy Corp.

Encanto Potash Corp. (“the Company”) wishes to announce that it has exercised its option to repurchase a 51% interest of the Company’s existing potash properties (the “Potash Properties”) from Lion Energy Corp. (formerly Raytec Metals Corp.) (“Lion”) for 26,000,000 common shares of the Company.

Encanto Potash Corp. Hits 25% K2O (40% KCI) Within Two Potential Mineral Resource Horizons At Muskowekwan

Encanto Potash Corp. CEO James Walchuck is pleased to announce that the first drill hole at its Muskowekwan potash property in Saskatchewan returned values of 25.2% K2O (39.9% KCl) over 3.6 metres in the Patience Lake potash bed, and 25.5% K2O (40.4% KCl) over 2.4 metres in the Belle Plaine potash bed.  Drilling in the lower Esterhazy Member returned values of 5.3 metres of 12.4% K2O (19.6% KCl).

Historical Surrounding Oil Wells Analysis Indicate Potash Grades And Thicknesses At Muskowekwan

Encanto Potash Corp. (“Encanto” or the “Company”) President James Walchuck is pleased to announce that the grades and thicknesses of the potash beds in historical oil wells surrounding the Company’s Muskowekwan property have been estimated in an engineering report prepared by Chapman Petroleum Engineering of Calgary (“the Report”).