Encanto Potash is a Potash
exploration company

2013 News Archive

Encanto Announces Closing of Private Placement

Encanto Potash Corp. is pleased to announce that, further to its news release dated November 28, 2013, it has closed its private placement of 6,222,500 flow-through units at a price of $0.20 per unit for gross proceeds of $1,244,500. Each unit consists of one flow-through common share ("FT Share") and one half of one share purchase warrant, each whole warrant entitling the holder to purchase one non flow-through common share at $0.30 until June 4, 2015. The FT Shares will be "flow-through" shares pursuant to the Income Tax Act (Canada).

Encanto Announces Private Placement

Encanto Potash Corp. announces it has agreed with investors for a private placement of up to 6,000,000 flow through units at a price of $0.20 per unit for gross proceeds of up to $1,200,000. Each unit consists of one flow-through common share ("FT Share") and one-half of one share purchase warrant, each whole warrant entitling the holder to purchase one non flow-through common share at $0.30 for a period of 18 months from the date of issuance. The FT Shares will be "flow-through" shares pursuant to the Income Tax Act (Canada).

Encanto Potash Corp. announces funding for an Ochapowace Test Well

Encanto Potash Corp. announces that it has secured funding of up to $1,250,000 to drill a test well on the Ochapowace Reserve Lands (the "Property") to test both the potash and oil and gas potential of the Property.

Encanto Potash to Present at Invitation Only Red Summit

Encanto Potash Corp. is pleased to announce that the Company has been selected to present at the Resource Exploration & Development ("RED") Summit in Toronto, ON.

Encanto announces improved resource, results of 3D seismic and creep/core dissolution testing

Encanto Potash Corp. is pleased to announce that the Muskowekwan Project resource has improved as a result of the recalculation of the geologic data. This resource now includes the data obtained from the latest 3D seismic program along with the results of the previous 3D seismic program and drill holes.

Encanto Potash Announces Global Engineering Firm Added to Feasibility Study Team

Encanto Potash Corp. is pleased to announce that they have added SNC-Lavalin to the development team for their Feasibility Study ("FS") for the Muskowekwan Project in Saskatchewan.

Encanto Announces Closing of Common Share Private Placement of $2.7 Million

Encanto Potash Corp. is pleased to announce the closing of the private placement of 7,950,000 common shares at a price of $0.34 per share for gross proceeds of $2,703,000 previously announced April 2, 2013.

Encanto Potash Congatulates Chief Reginald Bellerose on Re-election

Encanto Potash Corp. is pleased to offer their congratulations to Chief Reginald Bellerose and all returning and new Council members on their election as Chief and Council of the Muskowekwan First Nation. This is the fifth term for Chief Bellerose.

Encanto Completes Common Share Private Placement of $2.7 Million

Encanto Potash Corp. is pleased to announce the completion of a private placement of 7,950,000 common shares at a price of $0.34 per share for gross proceeds of $2,703,000. Mr. Al-Wazzan a director of the company who has participated in $7.5 million in previous Encanto convertible debentures purchased 7,350,000 of the common shares bringing his total investment to $10 million.

Encanto Adds Key Members to Mine Development Team

Encanto Potash Corp. is pleased to announce that Dr. Simon Desjardins has been appointed to the role of Vice President of Technical Services and Project Management and Darren Svedahl has joined the Encanto team as Manager, Lands and Government Relations.

Harper Government Supports Development of First Ever On-Reserve Potash Mine

Encanto Potash Corp. along with The Honourable Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development and Muskowekwan First Nation Chief Reginald Bellerose today announced an important milestone in the development of the first on-reserve potash mine in Canada.

Encanto Potash Receives Water Rights Licence

Encanto Potash Corp. is pleased announce that it is in receipt of its Water Rights Licence (the "Licence"), delivered by the Saskatchewan Water Security Agency as an assurance of process water for the Company's Muskowekwan solution potash mine.

Encanto files NI 43-101 report for the pre-feasibility study for Muskowekwan Property and clarifies after tax numbers

Encanto Potash Corp. is pleased to report that the Technical Report summarizing the Preliminary Feasibility Study for the Muskowekwan First Nations Project (the "Project") dated February 28, 2013 has been filed on SEDAR.com and available on the Company's website at www.encantopotash.com.

Encanto Announces Positive Pre-Feasibility Study for Muskowekwan Property

Encanto Potash Corp. is pleased to announce the completion of an independent positive Pre-Feasibility Study (the "PFS") prepared by Novopro Projects Inc. ("Novopro") for the Muskowekwan property (the "Project") in southern Saskatchewan.

Encanto Announces Commencement of Environmental Assessment Process

Encanto Potash Corp. is pleased to announce the commencement of the environmental assessment process for the Muskowekwan Project, a joint venture between Encanto and the Muskowekwan First Nation and Muskowekwan Resources Limited to develop a potash mine on Muskowekwan lands in Saskatchewan.

Encanto Announces Closing Of $7 Million Convertible Debenture And Appointment Of Two Directors

Encanto Updates Off-Take Discussions

Encanto Announces Stock Option Grant

Encanto Potash Corp. reports that pursuant to the Company's Stock Option Plan, a total of 2,650,000 incentive stock options have been granted to directors, officers, and consultants of the Company. The options are exercisable at a price of $0.25 per share for a period of 10 years expiring on January 9, 2023.

Encanto Announces Convertible Debentures of Up to $7 Million

Encanto Potash Corp. is pleased to announce a private placement of up to $7 million principal amount 5% secured convertible debentures. The principal amount of the debentures will be convertible in whole or in part at the option of the subscribers into common shares of the Company at a price of $0.25 per common share for a period of two years from closing of the private placement. The private placement is subject to acceptance for filing by the TSX Venture Exchange.