Western Potash Corp. ? Completes Private Placement Filing

Western Potash Corp. (WPX: TSX) (FSE: AHE) ('the Company?) announces
that it has completed its filing with the Toronto Stock Exchange for
Conditional Approval of the private placement announced on October 1,
2012. The placement will be reduced from up to 31,250,000 units to a
placement of up to 20,000,000 units. This reduction was carried out to
comply with the Toronto Stock Exchange policy which limits unit private
placements to less than 25% of a company′s current issued and
outstanding share capital, unless that company had obtained ?prior
shareholder approval for the placement. All other terms and conditions
remain the same.

The proceeds of the offering will be sufficient for the company to
finalize the Feasibility Study, to deliver the environmental approvals,
to complete all necessary permitting, as well as for general working
capital purposes.

Feasibility Study Update

The Milestone Feasibility Study continues to progress on schedule and
within the allocated budget. The Study is being completed by AMEC
Americas Limited ('AMEC?). AMEC is a leading international engineering
and project management company that currently manages multiple potash
expansion projects in Saskatchewan with a capital value of several
billion dollars. The Study is now more than 90% complete. Final drafting
and reviewing of the document is proceeding. The funds raised as part of
this current financing more than adequately support the completion of
the Study. The Company anticipates a final review of the draft Study on
or about November 15, 2012. The target completion date of the Study is
set for late November 2012. Results from the Study will be announced
immediately thereafter. The Company also intends to deliver an updated
Resource and Reserve statement, currently being prepared by Agapito
Associates Inc., coincident with this announcement.

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

Forward-Looking Statement

Except for statements of historical fact relating to Western Potash,
certain information contained herein constitutes 'forward-looking
information? under Canadian securities legislation.Forward-looking
information includes, but is not limited to, statements with respect to
timelines for completion of various steps related to the foregoing; and
the ability of Western Potash to develop the Milestone Project.Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as 'intends? or 'anticipates?, or
variations of such words and phrases or statements that certain actions,
events or results 'may?, 'could?, 'should?, 'would? or 'occur?.Forward-looking
statements are based on the opinions and estimates of management as of
the date such statements are made and they are subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of Western
Potash to be materially different from those expressed or implied by
such forward-looking statements or forward-looking information,
including: the receipt of all necessary approvals; the ability to
conclude a transaction; uncertainty of future production, capital
expenditures and other costs; financing and additional capital
requirements; the receipt in a timely fashion of any further permitting
for the Milestone Project; legislative, political, social or economic
developments in the jurisdictions in which Western Potash carries on
business; operating or technical difficulties in connection with mining
or development activities; and the risks normally involved in the
exploration, development and mining business.Although management
of Western Potash has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be
other factors that cause results not to be as anticipated, estimated or
intended.There can be no assurance that such statements will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements.Accordingly,
readers should not place undue reliance on forward-looking statements
and forward looking information.Western Potash does not
undertake to update any forward-looking statements or forward-looking
information that are incorporated by reference herein, except in
accordance with applicable securities laws.

Western Potash Corp.

John Costigan, 604-689-9378

VP
Corporate Development