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Ethiopian Potash Listed on the OTCQX

Ethiopian Potash Corp. was listed on the OTCQX and that it had begun trading on the OTC market's highest tier, OTCQX under the symbol "ETPHF", David Wahl, President and CEO, announced yesterday.

Soloway Group LLP will assist as Ethiopian Potash Corp's Principal American Liaison on OTCQX, responsible for providing guidance on OTCQX requirements.

The OTCQX marketplace is the premier tier of the U.S. Over-the-Counter market. Investor-focused companies use the quality controlled OTCQX listing platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. exchange.

Ethiopian Potash Corp. is a Canadian company based in Toronto, Ontario and Addis Ababa, Ethiopia. The company has acquired a 481 sq km potash asset, in the Danakil depression of northern Ethiopia.

It is to be recalled that George Roach, board chairman of Ethiopian Potash Corp, had announced in the last week of May 2011 that the company's drilling rigs were in the process of being commissioned and were expected to start operation early in June.

The Danakil Depression has one of the largest undeveloped potash resources in the world. The fact that it lays almost on the surface of the ground as opposed to those in Saskatchewan, which are found deeper than one kilometre in the earth, testifies to its significance. Ethiopian Potash Corp has two neighbouring development concessions covering 481 sq km in the centre of the Danakil Depression.

Source: Marketwire