Business
Angus Ventures Corp. closes Potash acquisition to change its name to "Encanto Potash Corp."
Trading Symbol: TSXV AGN.H VANCOUVER, July 13 /CNW/ - Angus Ventures Corp. (the "Company") is ple...

About this update from Encanto Potash Corp.
[{"type":"text","content":"\n\n\n\nTrading Symbol: TSXV AGN.H\n\n\nVANCOUVER, July 13 /CNW/ - Angus Ventures Corp. (the "Company") is\npleased to announce that it has closed its acquisition of Encanto Potash Corp.\nThe Company will change its name to "Encanto Potash Corp."and commence trading\nunder this new name on Wednesday, July 15, 2009, with the ticker symbol "EPO".\n\n\nAs a result of the amalgamation, the Company now has issued and\noutstanding 114,097,834 shares, and the fully diluted share capital is\n143,692,324 shares. An aggregate 20,200,001 shares are subject to a Value\nSecurity Escrow Agreement.\n\n\nIn conjunction with the closing, Mr. Robert McMorran has been appointed\nas the Chief Financial Officer of the Company and Mr. Ross Moulton has been\nappointed as the Vice President, Exploration.\n\n\nMr. McMorran is a chartered accountant and has over 20 years experience\nin dealing with financial reporting and the administration of public\ncompanies. Mr. McMorran has served as an officer and/or director of several\npublic companies, primarily involved in mineral exploration and development.\nHe was CFO of the Canada Dominion Resources Group family of flow-through\nlimited partnerships from 1998 to 2006.\n\n\nMr. Moulton is a professional geologist and since 1996 has been a\nself-employed geological consultant.\n\n\nThe business of the Company is the exploration and development of potash\nproperties, and the Company has either a Memorandum of Understanding or an\nExploration Participation Agreement with seven First Nations Bands in\nSaskatchewan.\n\n\nFurther information about the Company may be found on its website at\nwww.encantopotash.com.\n\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n "James Walchuck"\n\nPer:\n -----------------\n James Walchuck\n President & CEO\n\n\nNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS\nTHAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.\n\n\n","length":2140,"tagName":"div"}]