Western Potash Corp. Engages Lockwood Financial to Advise on Financial and Strategic Matters

WESTERN POTASH CORP. (the 'Company') (TSX Venture: WPX) announced today
that it has formally retained Lockwood Financial of Montreal and Mr.
John King Burns, Chairman of the Advisory Board of Lockwood Financial,
to assist the board of directors and management of the Company in
advancing a variety of strategic alternatives designed to fast track the
development of the Company's Milestone Potash Development Project in
Saskatchewan (the 'Project?). Alternatives currently under review by
management and the board include various combinations of debt and equity
financing designed to fund capital requirements for pre-feasibility,
feasibility and development work on the Project. Management is also
currently in discussions with third parties who have expressed
significant interest in participating in the Company and the Project on
a basis which may include, but is not limited to, equity and debt
financings, joint ventures, takeovers and other types of mergers or
'going private' transactions.

Patricio Varas, President and CEO stated 'John King Burns brings a
wealth of experience from his careers with Drexel Burnham Lambert Inc.
and Barclays Bank Plc, Metals Group, and he provides both strategic and
tactical advice to management in combination with financial advisory
services. Mr. Burns′ expertise in structuring and negotiating complex,
corporate, project financing and infrastructure development transactions
provides the Company with the ability to be a more capable developer of
the Project and a more attractive and nimble participant in the rapidly
consolidating potash sector. We are confident that the strategic process
now being executed, with the support of Lockwood and Mr. Burns, will
enhance value for the Company′s shareholders.'

Mr. Burns provides business management, project debt, capital raising
and financial consulting services to companies in the natural resource
sector and has served as a director, executive and CEO of banking
organizations and for a number of private and public natural resource
and technology companies. Mr. Burns was most recently the interim
Chairman and Lead Director of Athabasca Potash Inc. (API:TSX), which was
acquired by BHP Billiton. In addition, Mr. Burns is currently an
independent board director of China Gold International Corp Ltd.
(CGG:TSX), Chairman of Novadex Ventures Corp. (NDX:TSXV) and serves on
the boards of a number of other private and listed resources companies.

A Preliminary Economic Assessment of the Project, supported by an
NI  43-101 compliant technical report dated July 12, 2010 (and filed on
SEDAR on July 16, 2010) indicated that the 41 million tonnes of Measured
Resource (contained KCl), 133 million tonnes of Indicated Resource, and
560 million tonnes of Inferred Resource is of sufficient size and grade
to support a potash solution mining operation for more than forty years
at a production rate of 2.5Mt/yr.

The Project′s Milestone property, which is 100% owned by the Company, is
comprised of 500 square kilometers and is located 30 kilometers
southeast of Regina and southeast of Mosaic′s Belle Plaine Mine, one of
the largest producing potash solution mines in the world.

Western Potash Corp. is a mineral exploration company engaged in the
evaluation, exploration and development of potash mineral properties in
Western Canada. The Company intends to develop a world-class potash
deposit in an ecologically sustainable, economically efficient and
socially responsible manner.

The in-house qualified persons for the purposes of NI 43-101 guidelines
are J. Patricio Varas, P. Geo and Dean Pekeski, P. Geo, both of whom
have reviewed and approved the contents of this news release.

For more information on Western Potash Corp.′s projects, please visit
the Company′s website at: www.westernpotash.com

ON BEHALF OF THE BOARD OF DIRECTORS

'J. Patricio Varas?

J. Patricio Varas

President and CEO

This news release contains Forward Looking Statements regarding our
intentions and plans. Forward looking statements in this news release
include that it has formally retained Mr. John King Burns to assist the
board of directors and management of the Company in considering a
variety of strategic alternatives designed to fast track the development
of the Company's Milestone Potash Project; that alternatives currently
under review by management and the board include various combinations of
debt and equity financing designed to fund capital requirements for
pre-feasibility, feasibility and development work on the Milestone
Potash Development Project in Saskatchewan; that Management is also
currently in discussions with third parties who have expressed
significant interest in participating in the Company and the Project on
a basis which may include, but is not limited to, equity and debt
financings, joint ventures, takeovers and other types of mergers or
'going private' transactions; that we are confident that the strategic
process will, with the assistance of Mr. Burns, enhance value for the
Company′s shareholders; that a Preliminary Economic Assessment,
supported by an NI43-101 compliant technical report, on the Milestone
Project, indicates that the 41 million tonnes of Measured Resource
(contained KCl), 133 million tonnes of Indicated Resource, and 560
million tonnes of Inferred Resource is of sufficient size and grade to
support a potash solution mining operation for more than forty years at
a production rate of 2.5Mt/yr. The forward-looking statements that are
contained in this news release are based on various assumptions and
estimates by the Company and involve a number of risks and
uncertainties. As a consequence, actual results may differ materially
from results forecast or suggested in these forward-looking statements
and readers should not place undue reliance on forward-looking
statements. Various factors may prevent or delay our plans, including
but not limited to, contractor availability and performance, weather,
access, mineral prices, success and failure of the exploration and
development carried out at various stages of the program, and general
business, economic, competitive, political and social conditions. It is
the Company′s policy not to update forward-looking statements, except as
required by applicable securities laws.

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.

Western Potash Corp.

Patricio Varas, 604-689-9378