North-American-Potash-Developments-News

Option Agreement Lawsuit Update

Fri, 03 Aug 2012 13:14:14 -0500

August 03, 2012

VANCOUVER, BC. - North American Potash Developments Inc. (NPD or the "Company") (TSX: NPD; OTCQX: RNGTF; FSE: 3OZ) -

Simon Tam, President and CEO, reports:

The Company continues to litigate its claims against Passport Potash Inc. (“Passport”) related to Passport’s uncured defaults of the Option Agreement dated March 28, 2011, in the pending civil action in Salt Lake County, Utah.

North American Potash Developments subsidiary Potash Green Utah LLC executes a Memorandum of Understanding (MOU) with the Bureau of Land Management

Wed, 08 Feb 2012 07:09:27 -0600

Vancouver, BC, Canada - North American Potash Developments Inc. (NPD or the "Company), (TSX: NPD; OTCQX: RNGTF; FSE: 3OZ) announced today the signing of a Memorandum of Understanding (MOU) with the United States Bureau of Land Management (BLM) for the purpose of commencing the formal portion of environmental approvals for the Company's Lisbon Valley, Utah operations.

Appointment Of New Directors

Tue, 10 Jan 2012 09:19:31 -0600

Vancouver, BC, Canada - North American Potash Developments Inc. (the "Company" or "NAPDI"), (TSX-V: NPD - FRANKFURT:3OZ - OTCQX: RNGTF) is pleased to announce the appointments of Ms. Selma Sierra and Mr. Kevin Beaulieu who have joined the Company's board of directors to provide senior stewardship and management expertise throughout the upcoming 2012 work and drilling programs.

North American Potash Developments Inc. Intersects Up to 24.5% of K2O in Lisbon Valley Potash Project

Fri, 09 Dec 2011 08:29:03 -0600

Vancouver, BC, Canada - North American Potash Developments Inc. (the "Company" or "NAPDI"), (TSX-V: NPD - FRANKFURT:3OZ - OTCQX: RNGTF) is pleased to announce all assay results from its recent 3,449 foot rotary drill and core hole on its Lisbon Valley Potash Project in Utah. NAPDI has received, reviewed and analyzed the assay results which show that exploration targets K-6 and K-9 total 15 feet in thickness, at an average K2O concentration of 10.4% (equivalent to 16.4% KCl). A total of sixty-three (63) one-foot composite core samples from drill hole RBV-11-36A-1 were sent to SGS Minerals Services analytical laboratory in Lakefield for XRD analysis and Water Leach analysis.

Ringbolt name change to N.A. Potash Developments

Thu, 03 Nov 2011 08:28:39 -0500

Pursuant to a resolution passed by shareholders Oct. 31, 2011, the company has changed its name as follows. There is no consolidation of capital.

Effective at the opening, Nov. 4, 2011, the common shares of North American Potash Developments Inc. will commence trading on the TSX Venture Exchange and the common shares of Ringbolt Ventures Ltd. will be delisted.

Ringbolt Ventures Ltd. Filing Financial Statements For The Fiscal Year Ended May 31, 2011 After Due Date

Mon, 03 Oct 2011 09:27:21 -0500

VANCOUVER, BRITISH COLUMBIA --Ringbolt Ventures Ltd. (the "Company" or "Ringbolt"), (TSX VENTURE:RBV) (OTCQX:RNGTF) (FRANKFURT:3OZ) will not be able to file its annual financial statements for the fiscal year ended May 31, 2011 and its MD&A by the filing deadline of September 28, 2011 and as a result will be in default of its obligations under National Instrument 51-102 Continuous Disclosure Obligations.

Ringbolt Samples Submitted on Lisbon Valley Potash Project

Thu, 01 Sep 2011 09:26:54 -0500

VANCOUVER, BRITISH COLUMBIA --Ringbolt Ventures Ltd. (the "Company" or "Ringbolt"), (TSX VENTURE:RBV) (OTCQX:RNGTF) (FRANKFURT:3OZ) The Company has submitted core samples for analysis from its Lisbon Valley Potash Project in the state of Utah.

Sixty-three (63) one-foot composite core samples were collected from the Ringbolt Venture's state section RBV-11-36A-1 core hole. (from drilling announced on June 21, 2011) These samples were submitted to the accredited SGS Minerals Services analytical laboratory in Lakefield, Ontario on August 26, 2011 for the following mineral analysis:

Boron, Bromide, Calcium, Carnallite, Chloride, Halite, Lithium, Magnesium, Potassium, Potassium (total), Potassium Chloride, Potassium Oxide, Sodium, Sulfate, Sulfur, Sylvite, Moisture and Insoluables, and 31 elemental ICP scan.

Ringbolt Successfully Completes First Drill Hole on Lisbon Valley Potash Project

Fri, 09 Dec 2011 08:26:34 -0600

VANCOUVER, BRITISH COLUMBIA --Ringbolt Ventures Ltd. (the "Company" or "Ringbolt"), (TSX VENTURE:RBV) (FRANKFURT:3OZ)(OTCQX: RNGTF) is pleased to announce that it has completed the first drill hole on its Lisbon Valley Potash Project in Utah.

Drill hole RBV-11-36A-1, on a state lease located on section 36, township 29.5 south and ranges 25 east in Utah, was drilled to a total depth of 3,449.7 feet. The Company used a combination of reverse circulation drilling and standard core drilling in the zones where potash mineralization was expected.

TSX Venture Exchange Accepts Private Placement

Fri, 11 Mar 2011 10:40:43 -0600

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 8, 2011.

Shares: 12 million shares
Purchase price: 26 cents per share
Warrants: 12 million share purchase warrants to purchase 12 million shares
Warrant exercise price: 40 cents for a two-year period
Hidden placees: 72
Pro group: Anthony Chow 50,000; Insider: Elite Vantage Development Ltd. (Simon Tam) 100,000
Finders' fees: Li Wei receives $7,800. Canaccord Genuity Corp. receives $42,900 and 165,000 non-transferable warrants, each exercisable for one share at a price of 40 cents for a two-year period.

Incentive Stock Options

Fri, 04 Feb 2011 09:32:58 -0600

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (TSX VENTURE: RBV) (the "Company") wishes to announce the granting of 900,000 incentive stock options to certain directors, officers and consultants. These options are exercisable for up to five years at a price of $0.31 per share.

On behalf of the Board of Directors

Simon Tam, Director

Private Placement

Tue, 08 Feb 2011 09:32:26 -0600

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (TSX VENTURE: RBV) (the "Company") is pleased to announce that it has entered into a non-brokered private placement for the sale of 12,000,000 units at a price of $0.26 per unit for a total of $3,120,000. Each unit will consist of 1 common share and 1 share purchase warrant for the purchase of 1 further common share of the Company within two years at the price of $0.40 per share. The funds shall be used for the Company's unallocated working capital and exploration programs. The maximum allowable finder's fee shall be payable.

These transactions are subject to regulatory approval.

Ringbolt Ventures Closes Private Placement

Tue, 15 Mar 2011 10:31:16 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (TSX VENTURE: RBV)(the "Company") is pleased to announce that it has closed a private placement for the sale of 12,000,000 units at a price of $0.26 per unit for a total of $3,120,000, where each unit consists of one common share of the Company and one share purchase warrant having a two year term for the purchase of one further common share of the Company at the exercise price of $0.40 per share. All of the securities issued under the private placement are subject to a four-month hold period expiring July 12, 2011. The Company shall pay finders' fees of a total of $50,700 in cash and 165,000 in compensation warrants wherein the compensation warrants shall have a term of 2 years and an exercise price of $0.40 per share.

Ringbolt Plans Drilling For Utah Potash Property

Wed, 16 Mar 2011 10:30:43 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (TSX VENTURE: RBV)(the "Company") has applied for permits to drill two holes on the Lisbon Valley potash project in Utah through its 70-per-cent holding in Potash Green Utah LLC.

The drilling will be carried out on Utah state leases. The drill holes will be completed to a depth of 7,200 feet to test the depth, thickness and grade of the potash beds at a cost of $775,000 (U.S.) per hole.

Incentive Stock Options

Thu, 17 Mar 2011 10:30:07 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (TSX VENTURE: RBV)(the "Company") announces that it will not proceed with the granting of options to buy 900,000 shares at a price of 31 cents per share. Instead the company is granting options to buy 1,975,000 shares to certain directors, officers and consultants. These options are exercisable for up to five years at a price of 39 cents per share.

Ringbolt Farms Out Holbrook Basin Potash Project

Mon, 28 Mar 2011 10:29:20 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. ("Ringbolt") (TSX VENTURE: RBV) (FRANKFURT: 3OZ) has entered into an agreement with Passport Potash Inc. ("Passport") for the exploration and development of Ringbolt's Holbrook Basin potash property in Arizona.

The Holbrook Basin is potentially underlain by 3,500 square miles of salt beds, 600 square miles of which are also underlain by a potash bed. The Ringbolt Arizona permits contain 15,994.32 acres in what appears to be part of the thickest part of the Basin, where the salt has in the past been measured at being 600 feet thick. It is believed that the potash bed lies at the top of the salt sequence, at depths of 700 to 2,000 feet, shallow enough to possibly mine using underground mining methods. The relatively shallow depths of these occurrences should lend its self towards a much larger recovery of the potash ore if compared to the Saskatchewan mines that are operated at far greater depths.

Ringbolt Expands Drill Permitting On Utah Potash Property

Thu, 31 Mar 2011 10:27:58 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company") (TSX VENTURE: RBV) (FRANKFURT: 3OZ) will apply for permits to drill six more holes on the Lisbon Valley potash project in Utah, through its 70-per-cent holding in Potash Green Utah LLC.

Ringbolt has identified six more drill locations on the Lisbon Valley potash project on Utah state leases and is in the process of permitting these locations. The recent farm-out of the Company's Arizona potash project in the Holbrook Basin is enabling Ringbolt to expand its' activities in Utah.

Ringbolt Retains Ethos Consulting for Investor Relations & Corporate Communications

Mon, 25 Apr 2011 10:27:23 -0500

ANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company") (TSX VENTURE: RBV) (FRANKFURT: 3OZ) is pleased to announce the engagement of Ethos Consulting Ltd. ("Ethos") to perform corporate advisory and investor relations services for the Company, subject to TSX Venture Exchange approval. The contract will be effective April 25th, 2011 and active for a period of twelve months.

Ethos has been retained to assist Ringbolt with corporate communications and investors relations services. These services include the creating, producing and distributing effective marketing communication tools and increasing investor awareness throughout: private investors, analysts, brokers, fund managers, trade media and newsletter writers as well as other key influencers in the North American investment community.

Ringbolt Receives "First Drill Permit" For Lisbon Valley Utah Potash Project

Thu, 28 Apr 2011 10:26:47 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company" or "Ringbolt") (TSX VENTURE: RBV) (FRANKFURT: 3OZ) is pleased to announce that it has received a permit to carry out an initial drilling program.

The State of Utah, Department of Natural Resources, Division of Oil, Gas, and Mining has approved a "Notice of Intent of Conduct Exploration" for drilling. The planned exploration will primarily consist of drilling to a depth of approximately 5,000 feet to test the potash and salt horizons on one of its state leases. The drill plan is to use reverse circulation drilling to the top of salt bed 5 at an approximate depth of 2,800 feet where there is a reported historical assay of 18.5% K2O and then core drill the potash bed. Reverse circulation drilling will then continue to the top of salt bed 9 at an approximate depth of 3,770 feet where there is a reported historical assay of 31.09% K2O (historical drill hole) located 1,000 feet from planned drill hole location.

Ringbolt Hires Project Manager For Potash Drilling

Tue, 31 May 2011 10:26:36 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company" or "Ringbolt") (TSX VENTURE: RBV) (FRANKFURT: 3OZ) is pleased to announce it has engaged the services of Daub & Associates, Inc. of Grand Junction, Colorado to manage and support the potash drilling program on its Lisbon Valley Project in Utah.

Ringbolt Signs Contract For Potash Drilling

Tue, 07 Jun 2011 10:25:40 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company" or "Ringbolt") (TSX VENTURE: RBV) (FRANKFURT: 3OZ) is pleased to announce it has engaged the services of Beeman Drilling Services, Inc. of Moab, Utah to undertake a potash drilling program on its Lisbon Valley Project in Utah.

Ringbolt Lists On The OTCQX

Fri, 10 Jun 2011 10:16:01 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company" or "Ringbolt") (TSX VENTURE: RBV) (OTCQX: RNGTF) (FRANKFURT: 3OZ) is pleased to announce that its common shares have commenced quotation on the OTC market's OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.

Ringbolt Ventures Commences Drillling at Lisbon Valley Potash Project

Tue, 21 Jun 2011 14:37:14 -0500

VANCOUVER, BRITISH COLUMBIA -- Ringbolt Ventures Ltd. (the "Company" or "Ringbolt") (TSX VENTURE:RBV)(OTCQX:RNGTF)(FRANKFURT:3OZ) is pleased to announce that it has commenced drilling on its Lisbon Valley Potash Project in Utah.