Encanto Announces Re-pricing and Extension of Muskowekwan First Nation Share Purchase Warrants

Press Release

VANCOUVER, Oct. 28, 2014  – Encanto Potash Corp. (“Encanto” or the “Company”) (TSXV: EPO and OTCQX: ENCTF) announces that it has re-priced and extended the expiry date of 6,470,000 share purchase warrants held by our partner the Muskowekwan First Nation (“MFN”).  Each amended warrant entitles MFN to purchase one common share at an amended price of $0.25 per share until December 9, 2016, subject to TSXV approval.  We are pleased to recognize the great work the MFN are doing to advance our joint venture project and are pleased to assist them in jointly recognizing future value in the project with the re-pricing and extension of these warrants.

About Encanto:

Encanto Potash Corp. is a TSX Venture Exchange listed and OTCQX traded Canadian resource company engaged in the development of potash properties in the Province of Saskatchewan, Canada, the largest producing potash region in the world. Through a joint venture agreement with Muskowekwan Resources Ltd. (“MFN JV”) on our flagship property, Encanto has a project land package which totals approximately 61,000 largely contiguous acres. A Pre-Feasibility Study dated February 28 2013 titled “Encanto Potash Corp. Technical Report Summarizing the Preliminary Feasibility Study for the Muskowekwan First Nations Home Reserve Project in South Eastern Saskatchewan, Canada” confirms the Proven & Probable KCI Reserves totaling 162 MMt grading 28% which supports primary and secondary mining for over 50 years at an assumed annual rate extraction rate of 2.8 million tonnes.

The Company has an interest in two additional potash properties in Saskatchewan: 20% interest in the 55,000 acre Ochapowace/Chacachas property and 100% interest in the 55,437 acre Spar property.

Encanto is currently exploring domestic & international strategic partnerships for the financing, development and sale of potash production from its MFN JV Property.

The technical content of this news release has been reviewed and approved by James Walchuck, a qualified person as defined by NI 43-101.

For additional information about Encanto Potash Corp., please visit the Company’s website at www.encantopotash.com or review the Company’s documents filed on www.sedar.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“James Walchuck”

Per:  _________________
James Walchuck
President and CEO

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