Allana Potash Attends PDAC at Booth 438

Marketwire

Allana Potash Corp.

March 2, 2013 - 04:58:49 PM

Allana Potash Attends PDAC at Booth 438

TORONTO, ONTARIO--(Marketwire - March 2, 2013) - Allana Potash Corp. (TSX:AAA)
(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that the
Company will be exhibiting at the 2013 Prospectors & Developers Association of
Canada (PDAC) International Convention, at the Mine Africa Booth No. 438.

Allana encourages its shareholders and all interested parties to come by the
booth and discuss Allana's potash project in Ethiopia with its senior
management.

Exhibition Hours:

Sunday, March 3 10:00 am - 5:30 pm
Monday, March 4 10:00 am - 5:30 pm
Tuesday, March 5 10:00 am - 5:30 pm
Wed., March 6 9:00 am - 12:00 noon

Location:

Allana Potash Corp. - Mine Africa Booth 438
Metro Toronto Convention Centre-South Building
800 Level

About Allana Potash Corp.

Allana is a publicly traded corporation with a focus on the acquisition and
development of potash assets internationally with its major focus on a
previously explored potash property in Ethiopia. Allana has secured financial
support from two significant strategic investors: IFC, a member of World Bank
Group, and Liberty Metals and Mining, a member of Liberty Mutual Group. Allana
has measured and indicated Sylvinite resources as at February 2, 2013 of
327.42 million tonnes of 28.31% KCl; and inferred Sylvinite resource of 90.76
million tonnes grading 27.80% KCl, as outlined in this press release. In
addition, the Danakhil Projects hosts measured and indicated Kainitite
resources of 701.55 million tonnes at 20.26% KCl, inferred Kainitite resource
of 373.71 million tonnes of 20.35% KCl; measured and indicated Upper
Carnallitite resources of 78.5 million tonnes grading 18.4% KCl, inferred
Upper Carnallitite resource of 155.53 million tonnes of 16.95% KCl; measured
and indicated Lower Carnallitite resources of 269.10 million tonnes of 10.86%
KCl, inferred Lower Carnallitite resource of 130.7 million tonnes grading
11.7% KCl. The foregoing mineral resource estimates with respect to Kainitite
and Carnallitite are as at April 27, 2012. For more information with respect
to the data verification procedures undertaken and the key assumptions,
parameters and risks associated with the foregoing estimates refer to Allana's
Technical Report entitled "Updated Resource Report for the Danakhil Potash
Deposit, Afar State/Ethiopia" dated June 13, 2012, effective April 30, 2012
filed at www.sedar.com. And the FS Technical Report to be filed on SEDAR on or
before March 21, 2013. Allana has approximately 276 million shares
outstanding. Allana trades on the Toronto Stock Exchange under the symbol
"AAA".

Peter J. MacLean, Ph.D., P. Geo., Allana's Senior VP Exploration, is a
Qualified Person as defined under National Instrument 43-101 and has reviewed
and approved the technical information presented in this press release.

Forward-Looking Statement

Except for statements of historical fact relating to the Company, certain
information contained herein constitutes "forward-looking information" under
Canadian securities legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate",
or "believes", or variations of such words and phrases or statements that
certain actions, events or results "may", "could", "would", "might" or "will
be taken", "occur" or "be achieved". Forward-looking statements are based on
the opinions and estimates of management as of the date such statements are
made and they are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or
implied by such forward-looking statements or forward-looking information.
Although management of the Company has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking information. The
Company does not undertake to update any forward-looking statements or
forward-looking information that are incorporated by reference herein, except
in accordance with applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:
Allana Potash Corp.
Richard Kelertas
Senior Vice President, Corporate Development
514 717 6256
rkelertas@allanapotash.com