Investor Presenta,on

JUNE 2016

Certain statements in this presenta,on may cons,tute "forward-looking" statements which involve known and unknown risks,

uncertain,es and other factors which may cause the actual results, performance or achievements of Potash Ridge Corpora,on

(the "Corpora,on"), 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 presenta,on, such statements use such words

as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "an,cipate", "es,mate" and other similar terminology.

These statements reflect the Corpora,on's current expecta,ons regarding future events and opera,ng performance and

speak only as of the date of this presenta,on. Forward-looking statements involve significant risks and uncertain,es, which

include, but are not limited to the factors discussed under “A Cau,onary Note Regarding Forward Looking Statements” and

"Risk Factors" in the Corpora,on’s Annual Informa,on Form dated March 28, 2016, and should not be read as guarantees

of future performance or results, and will not necessarily be accurate indica,ons of whether or not such results will

be achieved. Although the forward-looking statements contained in this presenta,on are based upon what

management of the Corpora,on believes are reasonable assump,ons, the Corpora,on 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 presenta,on and are expressly qualified in their

en,rety by this cau,onary statement. Subject to applicable securi,es laws, the Corpora,on assumes

no obliga,on to update or revise them to reflect new events or circumstances.

FORWARDLOOKINGSTATEMENTS

2

PotashRidge is a near term producer of premium fer,lizer with world class development

assets in Utah and Quebec.

ABOUTUS

3

The Company is uniquely posi,oned to take advantage of strong markets

for Sulphate of Potash.

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•  Domes,c selling price 3x regular potash (“MOP”)

•  Global consump,on is ~5 million tonnes per year (“tpy”)

•  Demand poten,al is 10 million tpy

•  Exis,ng producers unable to expand to meet supply deficit

HIGHLIGHTS

4

SulphateofPotash(SOP):PremiumPotash/SignificantSupply

Deficit

•  Become the first SOP producer using

Mannheim process in North America and,

longer term, the largest North American

SOP producer

•  40,000 tpy of SOP; CDN$48.8 million capex

•  34.7% aoer tax IRR

•  Proven process used throughout Europe and Asia

•  Produc,on scheduled to commence in Q4 2017

•  Strategic loca,on near by-product hydrochloric acid demand

•  Expansion poten,al at site

•  Poten,al for over $14m in average annual cash flows (Y1-Y5)

•  Up to 585,000 tpy of SOP; poten,al to phase-in

produc,on to reduce front end capex

•  Prefeasibility complete: 20.5% aoer tax IRR

•  Large surface mineral deposit; over 40-year reserve life

•  Major permits and water rights secured; infrastructure

nearby

•  Poten,al upside from alumina residue in tailings

•  Poten,al for over US$250M in average annual cash flow

Strategy Valleyfield(Quebec)

BlawnMountain

(Utah)

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100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

900.0

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

2012 2013 2014 2015 2016POT-NorthAmerica(MOP) CMP-(SOP) CMPGuidance-(SOP)

SOP: A top performing commodity in last 5 years

SOP:SUPERIORPRODUCTWITHATTRACTIVEMARKETDYNAMICS

SOP(K2SO4)

US$709/tonne in NA(1)

Global market demand 5 million tpy, poten,al market

of 10 million tpy

Fundamental supply deficit – limited ability to grow

produc,on using exis,ng processes

Low chloride, high sulphur – providing benefits to crops not

available with MOP

Improves yield, taste, appearance and shelf life; ideal for salty or sandy soils or arid

climates

Significant benefits over MOP for fruits, vegetables, nuts, potatoes, tobacco – many

other high value crops

MOP(KCI)

US$178/tonne in North America(2)

Global market 55 million tpy

Market is in over supply, with idle capacity and mul,ple

projects in pipeline

Contains chloride – no nutrient value; in many instances

detrimental to plants

Chloride can leach into groundwater or build-up in arid

soil condi,ons, impac,ng yields and crop quality

Primarily for corn and grain crops that can withstand chloride

1CompassMineralsQ12016Report,2PotashCorpQ12016Report

SERVINGANUNDERSERVEDMARKET

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MOPSOP

GLOBALSOPPRODUCTIONANDCONSUMPTION

6

CHINA2,500k tpy

EUROPE1,850k tpy

USA300k tpy

CHILE150k tpy

RUSSIA120k tpy

SEASIA250k tpy

MIDDLEEAST100k tpy

EUROPE1,200ktpyNORTH

AMERICA400ktpy

SOUTHAMERICA300ktpy

CHINA2,500ktpy

AFRICA250ktpy

ROW500ktpy

PRODUCTION CONSUMPTION

Source: CRU 2013

RegionalconsumpIondrivenbyaccesstoproductduetosupplyconstraints

BLAWNMOUNTAIN,UTAH

Poten,al for up to 585,000 tpy SOP produc,on

Evaluate scaling with targeted first produc,on in late 2019

VALLEYFIELD,QUEBEC

Bring ini,al 40,000 tpy SOP into produc,on in Q4 2017

Complete permitng and break ground in 2016

DIVERSIFIEDSOPPROJECTS

7

Finalize SOP ouake and other commercial arrangements

Leverage management teams’ strong project development and financing exper,se

Develop EPC or similar construc,on arrangements to minimize execu,on risk

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Valleyfield Project

Quebec

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VALLEYFIELDPROJECT(QUEBEC)

9

Located near hydrochloric acid customers MOU signed for o9ake of ini<al produc<on Discussions underway for second phase of hydrochloric acid o9ake

Engineering study completed by SNC on March 29, 2016 Plan to build under EPC contract Phase 1 - 40,000 tpy of SOP

CDN$14.1 million average annual cash flow for first 5 years Poten,al to build addi,onal units (scalable in increments of 10,000 tpy) Permitng expected to take three months Strong interest in SOP ouake Awrac,ve financing support in Quebec Expect to start construc,on in late 2016: 12-month construc<on schedule

Phase1-EconomicSummary(CDN$)

IniXalcapitalcost $48.8 million

IRR(unleveredaZertax)

34.7%

NPV(aZertaxat10%) $74.0 million

SOPprice/tonne $900 (U.S.$700 )

MOPprice/tonne $350 (U.S.$178)

Opex/tonne $460

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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 2 km of sulphuric acid supplier – discussions ini,ated with suppliers Located near hydrochloric acid customers Quebec Government highly suppor,ve of new investments that create employment (including providing financial support)

10

1

2

3

4

5

6

7

VALLEYFIELD:STRATEGICALLYLOCATED

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8

PROVENMANNHEIMPROCESS

Converts MOP to SOP Proven produc,on process (150 year history), with numerous opera,ng facili,es in Europe and China (about 40% of current SOP produc<on is from Mannheim)

High quality, consistent produc,on process

Scale allows for construc,on ,me of 12-months

POTASSIUM CHLORIDE

(MOP)

SULPHURIC ACID

ENERGY

MANNHEIM FURNACE

POTASSIUM SULPHATE

(SOP)

HYDRO- CHLORIC ACID

(HCL)

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VALLEYFIELDNEXTSTEPS

1

EngineeringStudy

Completed by SNC on March 29, 2016

Finalize EPC arrangements

2

Permieng

Expected to take three months

3

AcidCommercialArrangements

Plan to have a third party build, own,

operate hydrochloric acid and sulphuric acid infrastructure

Third party will also be responsible for acid ouake and

logis,cs

4

SOPOfake

Mul,ple expressions of interest in ouake.

Nego,a,ons set to commence

now engineering study complete

5

Financing

Discussions ongoing with preliminary

engineering study complete

Quebec government financial support

programs available

6

ConstrucXon

Expect to commence in late 2016

An,cipate 12-month construc,on ,metable

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Blawn Mountain Project

Utah

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BLAWNMOUNTAINPROJECT(UTAH)

14

Surface mining with adjacent processing facility Known process to convert alunite ore into SOP, by-product sulphuric acid and an alumina-rich material Prefeasibility Study completed by Norwest in December 2013 P+P reserves support 40 year mine life, Poten<al to increase life of opera<ons through addi<onal explora<on

Project permiwed; water rights secured MOU nego,ated with third party for ouake of sulphuric acid Engineering study will assess the poten,al to phase project to significantly reduce up-front capital cost Poten,al to fast track next stage of development

PFSEconomicSummary(US$)

IniXalcapitalcost $1,124 million

IRR(unleveredaZertax)

20.5%

NPV(aZertaxat10%) $1.0 billion

SOPprice/ton $649

Opex/ton(1) $173

(1) Net of acid credit and excluding royal<es.

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UTAHAn Awrac,ve Place for Mining

BLAWNMOUNTAINPROJECT(UTAH)

15

•  Major resource producing state

•  Over 100 years of potash produc,on

•  Best state for business and top quar,le mining jurisdic,on(1)

•  100% state-owned land

•  Strong state government and local support

•  All necessary infrastructure nearby (1) Forbes Magazine, 2015 Ranking and Fraser Ins<tute, April, 2013

1

2 3

54

1 Area 2 Mining Zone 2 Processing Plant Loca,on 3 Access Road 4 Area 1 Mining Zone 5 Ore Test Pit

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RESERVESANDMINELIFE

Drilling work to date has established 40 years of reserves –

calculated by independent

engineer (Norwest)

Drilling to date has focused only on two

of the four areas within the 15,400 acre land posi,on

NOTDRILLED

DRILLED

MineralReservesbyCategoryNovember6,2013

ReserveCategory

Total

Proven('000tons)

Probable('000tons)

AluniteOre(ROMtons) 136,254 289,540 425,794

Ore(averageK2O(%)grade) 3.56 3.49 3.51

Ore(averageK2SO4(%)grade) 6.59 6.46 6.49

SOP(tons) 8,457 17,970 26,427

SulphuricAcid(tons)@98%Purity 18,888 40,136 59,024

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PERMITTINGESSENTIALLYCOMPLETED

The following table iden,fies the majorpermitsandapprovals that the Corpora,on has or s,ll needs to obtain prior to construc,on:

17

PERMIT/APPROVAL ISSUINGAGENCY COMPLETED

ExploraXonPermit Utah Division of Oil, Gas and Mining October,2011

USArmyCorpsofEngineersJurisdicXonalWatersConcurrence US Army Corps of Engineers March,2014

GroundwaterPermits Utah Division of Water Quality July,2014

LargeMineOperaXonApproval Utah Division of Oil, Gas and Mining August,2014

AirQualityEmissionStandard Utah Division of Air Quality

AirQualityEmissionStandardrequirestheengineeringtobeparXallycompletedbeforetheapplicaXonisfiled. 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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INDUSTRYPROVENFLOWSHEET

ALUNITE

CRUSHING & GRINDING

CALCINATION

WATER LEACH

ALUMINA RICH MATERIAL

SO2

SOP SOLUTION

ACID PLANT

CRYSTALLIZING DRYING, COMPACTING & SIZING

SUPHURIC ACID

SOP

18

•  Exis,ng plant in Azerbaijan currently mothballed (Ganja Refinery)

•  Flowsheet similar to commercial-scale produc,on processes historically used in US and Australia

•  Extensive test work confirms flowsheet

•  Planned addi,onal test work will include bulk samples at equipment vendor facili,es – will result in vendors providing produc,on guarantees

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•  Economics exclude revenue from alumina rich material

BLAWNMOUNTAINDEVELOPMENTTIMELINE

Late1970’s$25 million

invested developing

Project

April2012Ini,al resource

es,mate

August2014Large Mine

Opera,ng Permit issued

December2012IPO $80M

market cap

March2014US ACOE confirms

no US federal permits required; explora,on lease converted to

mining lease

July2014Groundwater

Discharge Permit issued

December2013Prefeasibility

Study established 40 years of reserves

November2012Preliminary Economic

Assessment

2011Project Acquired

October2014Entered into ouake

and marke,ng arrangement for by-

product sulphuric acid

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BLAWNMOUNTAINNEXTSTEPS

1

MaintainValueCreatedtoDateWhileRaising

Pre-ConstrucXonCapital

•  Mining lease modified in June 2015 to defer

lease payments

•  Permits remain intact

•  Commercial arrangements already nego,ated for support infrastructure

remain in place

2

FurtherEvaluateReducedScaleAlternaXve

•  Engineering firm will evaluate phased

development of project

•  Ul,mate goal will be to obtain EPC quote on

reduced scale alterna,ve

3

Ofake

•  Ini,ate discussions with poten,al ouake

partners aoer comple,on of reduced

scale alterna,ve evalua,on

4

Financing

•  Strong interest in construc,on financing – con,nue dialogue with

poten,al financiers

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GUYBENTINCKPresident & Chief Execu<ve Officer

•  Chartered Professional Accountant

•  20 years mining/resource experience

•  Sherriw CFO and SVP Capital Projects

EXPERIENCEDANDPROVENMANAGEMENT

ROSSPHILLIPSChief Opera<ng Officer & Chief Financial Officer

•  MA (Econ)/MBA/CFA/CPA

•  10 years experience in large resource and energy sector projects •  Sherriw, Capital Power

JAYHUSSEYVP Corporate Finance & President, Valleyfield Fer<lizer

•  20 years capital markets consul,ng

•  9 years SOP experience with Migao Corpora,on (TSX-listed, China-based, Mannheim SOP producer)

RIPTONRAMSINGHProject Consultant

•  BSc Applied Chemistry/MBA

•  30 years experience in alumina industry •  Hatch, Alumina Partners of Jamaica,

OVER

80 YEARS

COMBINEDEXPERIENCE

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CAPITALSTRUCTURE

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

Total $42.75

AcXvity $mm

Various engineering studies $10.4

Drilling 6.8

Employee costs 6.3

Engineering and permitng consul,ng costs 5.4

Mineral leases 2.5

Other 1.2

Total $32.6

CAPITAL RAISES CAPITALIZED COSTS

125.9MTotalCommonSharesOutstanding

9.3MStockOpIons

19.2M9.9M@$0.08Warrants(exp.Nov2017)6.5M@$0.30Warrants(exp.Apr2019)2.8M@$0.50Warrants(exp.May2019)

154.4MTotalFully

DilutedShares

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SharePrice(June1) $0.36

MarketCap(basic) $45M

52weekhi-lo $0.50-$0.03

www.potashridge.com

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