Ethiopian Potash Corp Message Board

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Gold/Mining/Energy : Ethiopian Potash Corp

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From: kidl	11/23/2011 7:12:51 AM
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Ethiopian Potash Renews Poison Pill ccnm TORONTO, ONTARIO--(Marketwire - Nov. 23, 2011) - Ethiopian Potash Corp. (TSX VENTURE:FED)(TSX VENTURE:FED.WT)(OTCQX:ETPHF) ("EPC" or the "Company") is pleased to announce that it has renewed its poison pill announced March 29th, 2011. The poison pill originally adopted on March 29, 2011 expired on September 29, 2011. Under Canadian securities law, a poison pill which has not been subject to shareholder approval may be renewed every six months to maintain its efficacy. EPC feels that it remains vulnerable to hostile approaches based on a market valuation which does not reflect the value that has been created from its drilling program initiated in the summer of 2011. The Company anticipates being able to release news on ongoing activities, and what has been achieved to date, in the coming weeks.

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