Pacific Potash Corporation anticipated that the board of directors of the company following the completion of the merger transaction with Cowley Mining Plc will be comprised of five individuals, four of which shall be nominated by Pacific Potash and one of which shall be nominated by Cowley Mining Plc. The President &CEO of Cowley, Oliver Polcher will become CEO and a Director of the combined company. Andre Costa will move from his current CEO role to Chief Operating Officer and Chief Geologist.

Tao Liu and Balbir Johal will remain as Executive Co-Chairmen and Directors. Oliver Polcher has 18 years of business building and investment banking experience with a successful track record in corporate leadership positions, deal making and fund raising, of which he has spent the last 6 years in the Natural Resources Industry. Since early 2011 he has been the President &CEO of privately-held Cowley Mining Plc.

Previously, Oliver spent 7 years in investment banking with Deutsche Bank, JP Morgan and Schroders as well as co-founding Inquam Ltd.