Pacific Potash Corporation Completes $2.1 Million Private Placement Financing

Vancouver, British Columbia - June 7th, 2013 - Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "the Company") is pleased to announce that the Company has completed, subject to regulatory approval, a non-brokered private placement (the Offering) pursuant to which a total of 20,000,000 units (Units) have been subscribed for at a price of CDN$ 0.105 per unit for gross proceeds of CDN$2,100,000. Finder fees as permissible by Exchange policies will be paid.

The Company intends to use the net proceeds of the Offering on exploration of the Company's claims within the Amazonas Potash Basin in Brazil and for general corporate purposes.

Each Unit of the placement consists of one common share of Pacific Potash (Shares) and one common share purchase warrant (Warrants). Each Warrant entitles the holder to purchase one Share at a price of CDN$ 0.13 for a period of 30 months following the closing date of the Offering.

All securities issued in connection with the Offering will be subject to a four month hold period from the date of issuance in accordance with applicable securities law. The closing of the Offering is subject to receipt of TSX approval.

The Company reports the resignation of Mr. Jody Dahrouge as a Director, and the re-appointment to the Board of Mr. Eric Warren as his replacement.

The Company also reports the granting of 3,350,000 incentive stock options to officers, directors and consultants at an exercise price of $0.17 per share, with an expiry of 10 years from date of grant. These options are subject to regulatory approval.


About Pacific Potash Corporation

Pacific Potash Corporation trades on the TSX Venture Exchange under the symbol: PP, as well on the OTCQX under the symbol: PPOTF and on the Frankfurt Stock Exchange under P9P. Pacific Potash is engaged in the exploration and development of the Amazonas Basin Project and the surrounding potash claims targeting the Middle Amazonas Potash Basin, currently the host to multiple new exploration campaigns for potash. The Company also is exploring the Provost Potash Property and the surrounding potash claims targeting the prolific Prairie Evaporite Formation, which is host to multiple conventional and solution potash mines.


On behalf of the Board, Pacific Potash Corporation

Balbir Johal, LL.B
Executive Chairman & Director



For further information, please visit our website at www.pacificpotash.com or contact our V.P of Corporate Communications, Mike Blady:
Mike Blady
Office: 604.895.7446
Email: mblady@pacificpotash.com



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Pacific Potash in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Pacific Potash's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Pacific Potash disclaims any obligation to update or revise any forward-looking information or statements except as may be required.