Potash ridge investor presentation february 13 2017

1. Investor
Presentation
FEBRUARY 2017

2. Certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance or achievements of Potash Ridge
Corporation (the "Corporation"), or industry results, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. When used in this presentation, such statements
use such words as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate" and other
similar terminology. These statements reflect the Corporation's current expectations regarding future events and operating
performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and
uncertainties, which include, but are not limited to the factors discussed under “A Cautionary Note Regarding Forward
Looking Statements” and "Risk Factors" in the Corporation’s Annual Information Form dated March 28, 2016, and should
not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or
not such results will be achieved. Although the forward-looking statements contained in this presentation are based upon
what management of the Corporation believes are reasonable assumptions, the Corporation cannot assure
investors that actual results will be consistent with these forward-looking statements. These forward-
looking statements are made as of the date of this presentation and are expressly qualified in their
entirety by this cautionary statement. Subject to applicable securities laws, the Corporation assumes
no obligation to update or revise them to reflect new events or circumstances.
FORWARD LOOKING STATEMENTS
2

3. ABOUT US
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Potash Ridge is a near term
producer of potassium sulphate
(SOP) fertilizer using two
different processes; one in Utah
and one in Quebec.

4. OUR VISION IS TO BECOME THE SOP MARKET LEADER IN NORTH AMERICA
4
• Become lowest cost
North American SOP
producer
• Become first producer
using Mannheim
process in North
America
• Acquired in 2015
• 40,000 tpy of SOP
• CDN$50 million capex
• 30% after tax IRR
• Proven process
• Production targeted in H1 2018
• Scalable
• Potential for $14m in average
annual cash flows
• NPV (after tax 10%) $82 million
• Original SOP project
• 230,000 tpy of SOP
• US $458 million capex
• 20.1% after tax IRR
• Lowest cost producer in North
America (US$ 172/ton)
• Major permits and water rights
secured; infrastructure nearby
• Potential for US$100M in
average annual cash flow
• NPV (after tax 10%) $482 million
Strategy Valleyfield
(Quebec)
Blawn
Mountain
(Utah)
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Potassium
Sulphate
(SOP)
• Low-chloride fertilizer required for
fruits, vegetables, nuts
• Domestic selling price 3x potash
(“MOP”)
• Global consumption ~7 million
tonnes per year (“tpy”)
• Demand potential is 10 million tpy
• 400k t current production in North
America versus projected demand
of 1M t demand
• One other North American
producer
• Qualifies as “organic”

5. Potassium Sulphate (SOP)
Low chloride, high sulphur – providing benefits to crops not available
with MOP
Global potential market demand of 10 million tpy
Capacity growth limited in current North American process
US$630/tonne in North America
Improves yield, taste, appearance and shelf life
Significant benefits for fruits, vegetables, nuts, tobacco
POTASSIUM SULPHATE: Two Macronutrients in One
ALUNITE
CRUSHING & GRINDING
CALCINATION
WATER LEACH
In fertilizers, there are 6 macro nutrients required for a plant’s life cycle. No substitutes
SO2 ACID PLANT SUPHURIC ACID
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Nitrogen
Phosphate
Potassium Magnesium
Calcium
Sulphur
Potassium Chloride (MOP)
Contains chloride – detrimental to plants and soil
Global market 55 million tpy
Market is in over supply, with idle capacity and multiple projects in
pipeline
US$150/tonne in North America
Chloride can leach into groundwater or build-up in arid soil conditions,
impacting yields and crop quality
Primarily for corn and grain crops that can withstand chloride 5

6. POTASSIUM APPLICATION IMPROVES YIELD AND QUALITY – IMPACT ON TOMATOES
6Universityof Florida:Comparisonof Potassium Sources and Rates For TomatoProduction in Florida
100lb/acre 200lb/acre 300lb/acre

7. POTASSIUM SULPHATE ELIMINATES CHLORIDE DAMAGE
7
Clemson University, The Australian and NewZealand Field
Guide to Diseases, Pests and Disorders of Grapes
Peach and grape leaves suffering salt (chloride) damage

8. SOP: A top performing commodity in last 5 years
SOP: SUPERIOR PRODUCT WITH ATTRACTIVE MARKET DYNAMICS
1 Compass Minerals Q3 2016 Report, 2 Potash Corp Q3 2016 Report
SERVING AN UNDERSERVED MARKET
8
MOP2
SOP1
$US/ton
-
200.0
400.0
600.0
800.0
1,000.0
1,200.0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
SOP price influenced by high-value
crop economics not MOP price

9. SOURCES OF POTASSIUM SULPHATE
SOP
CHEMICAL REACTION: Mannheim Process
50% of all SOP produced uses Mannheim Process
Used in Asia, Middle East and Europe
Soluble and granular form
SOP
EVAPORATION: Salt Lake
Finite resource
Found in USA, Chile, China, Europe
Granular form
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SOP
MINERAL PROCESSING: Alunite
Proven process
Soluble and granular form
POTASH RIDGE’S TWO SOP PROJECTS
BLAWN MOUNTAIN (Utah)
VALLEYFIELD FERTILIZER CORP. (Quebec)

10. SOP CONSUMPTION MATCHES LOCAL AVAILABLE PRODUCTION
10Green Markets, Northern Shoreline, company reports
0
500
1000
1500
2000
2500
3000
3500
4000
4500
5000
North A. South A. Europe Asia Middle East
North America is Underserved
Current Production Existing Consumption Estimated Demand
000’s tonnes

11. TWO PROJECTS STRATEGICALLY LOCATED TO SERVE SOP-DEMANDING CROPS
Valleyfield
Blawn Mountain
Almonds
Grapes
Apples
Lettuce
Citrus
Vegetables
Potatoes
Tobacco
11

12. Valleyfield Project
Quebec
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13. VALLEYFIELD PROJECT (QUEBEC)
13
Low capex with fixed price contract (CAD$50 million)
Short build time: 9-12 months
40,000 tpy of SOP (scalable)
Other locations in North America being for expansion opportunities
Utilities and logistics infrastructure well-established
Technology and commercial relationships create barrier to entry
Land use approved by local city council – enthusiastic government
support
Long term offtake for hydrochloric acid by product secured
Long term supply of sulphuric acid secured
Phase 1 - Economic Summary (CDN$)
Initial capital cost $50.0 million
IRR (unlevered after tax) 30%
NPV (after tax at 10%) $82.0 million
SOP price/tonne $820
Opex/tonne 3701
Margin/tonne $450
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(1) Net of acid credit.

14. Located in industrial area near Montreal, Quebec
Property secured in industrial zone
Strong local support
Rail access at site
Port within 2 km, allowing access into key U.S. markets
Within 5 km of sulphuric acid supplier
Located near hydrochloric acid customers
Quebec Government highly supportive of new
investments that create employment (including
providing financial support)
14
VALLEYFIELD: STRATEGICALLY LOCATED
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15. PROVEN MANNHEIM PROCESS
Converts MOP to SOP
Proven production process
(150 year history),
with numerous operating
facilities in Europe and China
(50% of current SOP
production is from Mannheim)
High quality, consistent
production process
Scale allows for construction
time of 12-months
Migao Corp. (long-term SOP
producer) engaged to provide
procurement and technical
services
POTASSIUM
CHLORIDE
SULPHURIC
ACID
HEAT
MANNHEIM
FURNACE
POTASSIUM
SULPHATE
(SOP)
HYDRO-
CHLORIC ACID
(HCl)
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Raw Material Finished Products2-Stage Process
550oC
.84t
.56t
1.0t
1.2t

16. VALLEYFIELD MILESTONES
1
Engineering
 Preliminary engineering
completed Q1 2017
Phase I near completion
 Partnered with Migao
Corp. to leverage 20-year
Mannheim experience
Expected to proceed with
execution in Q1, 2017
2
Permitting
Applications being
submitted Q1 2017
 City has passed
resolution for use
of land
3
Commercial
Arrangements
Negotiating long
term supply of MOP
 Long term supply
of sulphuric acid
secured
 Lock in natural
gas contract
 HCl offtake with
Jones Hamilton
secured
4
SOP Offtake
Negotiating long term
offtake agreements
Direct sales to local
growers
5
Financing
Debt and Equity
negotiations ongoing
at Valleyfield level
Quebec & Federal
government financial
programs available
6
Construction
Milestones
Break ground Q2 2017
Complete construction
Q1 2018
Ramp up to full
production H1 2018
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17. Blawn Mountain Project
Utah
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18. BLAWN MOUNTAIN PROJECT (UTAH)
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Will be lowest cost producer in north America
45+ years proven + probable reserves
Initial production rate of 255,000 tons per year
Can expand to 645,000 tons per year
All infrastructure within 30 miles
Processing technology optimized by Potash Ridge over last 3 years
Commercial arrangements well advanced
Permits and water rights secured
Offtake for sulphuric acid byproduct secured
Upside potential through monetization of tailings rich in alumina
PFS Economic Summary (US$)
Initial capital cost $458 million
IRR (unlevered after tax) 20.1%
NPV (after tax at 10%) $482 million
SOP price/ton $673
Opex/ton(1) $172
Margin/ton $501
(1) Net of acid credit and excluding royalties.
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19. BLAWN MOUNTAIN PROJECT (UTAH)
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• Drilling work to date has established 45+
years of reserves
• Over 100 years of potential potash
production
• Ranked #2 state for business and top 10
mining jurisdiction globally(1)
• 100% state-owned land
• Strong state government and local support
• All necessary infrastructure nearby
(1) Forbes Magazine, 2015 Ranking and Fraser Institute, 2015
1
2
3
54
1 Area 2 Mining Zone 2 Processing Plant Location 3 Access Road 4 Area 1 Mining Zone 5 Ore Test Pit
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20. PERMITTING ESSENTIALLY COMPLETED
The following table identifies the major permits and approvals that the Corporation
has or still needs to obtain prior to construction:
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PERMIT/APPROVAL ISSUING AGENCY COMPLETED
Exploration Permit Utah Division of Oil, Gas and Mining October, 2011
US Army Corps of Engineers
Jurisdictional Waters Concurrence
US Army Corps of Engineers March, 2014
Groundwater Permits Utah Division of Water Quality July, 2014
Large Mine Operation Approval Utah Division of Oil, Gas and Mining August, 2014
Air Quality Emission Standard Utah Division of Air Quality
Air Quality Emission Standard requires the engineering to be partially completed before the
application is filed. It is technically not a permit, but more an agreed upon emission target that the
Project must be designed to meet.
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21. INDUSTRY PROVEN FLOWSHEET
ALUNITE
CRUSHING & GRINDING
CALCINATION
WATER LEACH
ALUMINA RICH TAILINGS
SO2
SOP SOLUTION
ACID PLANT
CRYSTALLIZING DRYING,
COMPACTING & SIZING
SUPHURIC ACID
SOP
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• Existing plant in Azerbaijan currently mothballed (Ganja Refinery)
• Flowsheet similar to commercial-scale production processes historically used
in US and Australia
• Extensive test work optimizes proven technology of SOP process
• Planned additional test work will include bulk samples at equipment vendor
facilities – will result in vendors providing production guarantees
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• PFS economics exclude revenue from alumina rich material

22. BLAWN MOUNTAIN DEVELOPMENT TIMELINE
Late 1970’s
$25 million
invested
developing
Project
April 2012
Initial resource
estimate
August 2014
Large Mine
Operating Permit
issued
December 2012
IPO $80M
market cap
March 2014
US ACOE confirms
no US federal permits
required; exploration
lease converted to
mining lease
July 2014
Groundwater
Discharge Permit
issued
December 2013
Prefeasibility
Study established 40
years of reserves
November 2012
Preliminary
Economic
Assessment
2011
Project Acquired
October 2014
Entered into offtake
and marketing
arrangement for by-
product sulphuric acid
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January 2017
Updated PFS
issued showing
reduced capex
and maintaining
strong economics

23. BLAWN MOUNTAIN MILESTONES
1
Maintain Value Created
to Date While Raising
Pre-Construction Capital
 Mining lease modified
in June 2015 to defer
lease payments
 Permits remain intact
 Commercial arrangements
already negotiated for
support infrastructure
remain in place
2
Evaluated Reduced
Scale Alternative
 Completed updated PFS
in Q1 2017
Next step to obtain EPC
quote
3
Offtake
 MOU signed for sale
of by-product
sulphuric acid
In discussions
with potential offtake
of SOP partners
Ongoing discussions
with potential partners
to assess the upside for
the alumina
4
Financing
Strong interest in
construction financing –
continue dialogue with
potential financiers
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24. GUY BENTINCK
President & Chief Executive Officer
• Chartered Professional Accountant
• 20 years mining/resource experience
• Sherritt CFO and SVP Capital Projects
EXPERIENCED AND PROVEN MANAGEMENT
ROSS PHILLIPS
Chief Operating Officer &
Chief Financial Officer
• MA (Econ)/MBA/CFA/CPA
• 15 years experience in large
resource and energy sector projects
• Sherritt, Capital Power
JAY HUSSEY
President, Valleyfield Fertilizer
& VP Corporate Finance
• 20 years capital markets consulting
• 9 years SOP operational experience with
Migao Corporation (TSX-listed, China-based,
Mannheim SOP producer)
OVER 55YEARS
COMBINED
EXPERIENCE
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25. CAPITAL STRUCTURE
126.4M
Total Common
Shares Outstanding
10.6M
Stock Options
25.2M
Warrants
162.2M
Total Fully
Diluted Shares
25TSX:PRK
Date/Price Price
Proceeds
$mm
February 2011 $0.05 $1.1
August 2011 $0.25 5.4
November 2011 $0.25 1.5
December 2011 $0.25 0.5
December 2011 $0.75 10.5
December 2012 $1.00 20.0
November 2015 $0.03 0.6
April 2016 $0.15 1.75
May 2016 $0.25 $1.4
January 2017
Convertible
Debenture
$3.4
Total $46.15
CAPITAL RAISES
As of February 13, 2017
Shares outstanding 126 million
52 week range $0.50 - $0.05
February 13 , 2017
share price
$0.25
Market Cap $31 million
Management and Board 2.2 million shares
MARKET FIGURES

26. 10 King Street East, Suite 300
Toronto, Ontario
416.362.8640
www.potashridge.com