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Abstract
(Marketwire - Jan. 17, 2012) - Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) ("Passport" or the "Company") is pleased to announce the appointment of David J. Salisbury as a Director and Chairman of its Board of Directors.
"We are thrilled to have someone of Mr. Salisbury's caliber joining us as Chairman of Passport's Board of Directors. There are few mining executives who can match the breadth of Mr. Salisbury's experience or his record of success in the mining industry," commented Passport's President and CEO Joshua Bleak.
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.