Ann: Public Offer & Share Purchase Plan Over-subscribed, page-2

Public Offer & Share Purchase Plan Over-subscribed

• Public Offer closes over-subscribed

• Bookbuild heavily bid by Institutions, Brokers and the General Public

• Share Purchase Plan closes - heavily over-subscribed

Potash Minerals Ltd (ASX: POK) (“Potash Minerals” or the “Company”) advise that it has successfully closed the Public Offer Shares and Share Purchase Plan (SPP) Offer Shares, in accordance with a Prospectus dated 3 November 2015 and a Supplementary Prospectus dated 24 November 2015. The Company is in the process of arranging refunds under both offers and will proceed to share allotments shortly.