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Potash Corporation of Saskatchewan Inc.

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Summary

Project:

Allan Mine

Deposit:Allan Mine
Location:Canada
Commodities:Potash
Date:1/2/2018
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:2-1-2018: Potash Corporation of Saskatchewan Inc. announces a Resource Estimation report for its Allan Mine deposit at the Allan Mine project. Updated mineral resources and ore reserves. Potash Corporation of Saskatchewan Inc. (PCS, PotashCorp, or the Com
Resources:(Reserve, P+P): 336Mt @ 24.8% K2O at Allan
CP/QP:[Resources]: Mark Fracchia (Internal)
ABSTRACT:Potash Corporation of Saskatchewan Inc. (PCS, PotashCorp, or the Company) is the world’s largest integrated fertilizer and related industrial and feed products company. We produce the three primary plant nutrients: potash, phosphate and nitrogen. Our products serve customers on six continents. Our head office is in Saskatoon, Saskatchewan, Canada. We also have a corporate office in Northbrook, Illinois and production facilities in Canada, the United States and Trinidad. PotashCorp is a Canadian corporation organized under the Canada Business Corporations Act. On September 11, 2016, the Company entered into an Arrangement Agreement with Agrium Inc. (Agrium) pursuant to which the Company and Agrium have agreed to combine their businesses (the Proposed Transaction) in a merger of equals transaction to be implemented by way of a plan of arrangement under the Canada Business Corporations Act. Upon the closing of the Proposed Transaction, the new parent company will be named Nutrien Ltd. (Nutrien). The Proposed Transaction is subject to customary closing conditions. PotashCorp owns and operates a potash mine at Allan, Saskatchewan, Canada (PCS Potash Allan Division, or Allan mine). An aerial view of the Allan surface operations is shown in Figure 1. The Allan Crown Subsurface Mineral Lease is numbered KL 112R A, and was expanded in October 2017. Production of potash from the Allan mine began in 1968.

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