Athabasca Potash Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported interest income of CAD 30,000 compared to CAD 331,000 for the same period last year. Loss before income taxes was CAD 9,315,000 compared to CAD 687,000 for the same period last year. Net and comprehensive loss was CAD 9,229,000 or CAD 0.25 basic and diluted per share compared to CAD 575,000 or CAD 0.02 basic and diluted per share for the same period last year. Cash used in operating activities was CAD 1,429,000 compared to CAD 487,000 for the same period last year. Purchase of capital assets were CAD 13,000 compared to CAD 302,000 for the same period last year. Revenues were CAD 30,000 against CAD 331,000 last year. For the nine months, the company reported interest income of CAD 172,000 compared to CAD 1,245,000 for the same period last year. Loss before income taxes was CAD 11,964,000 compared to CAD 884,000 for the same period last year. Net and comprehensive loss was CAD 10,932,000 or CAD 0.29 basic and diluted per share compared to net and comprehensive income of CAD 172,000 or CAD 0.00 basic and diluted per share for the same period last year. Cash used in operating activities was CAD 3,796,000 compared to CAD 533,000 for the same period last year. Purchase of capital assets were CAD 358,000 compared to CAD 384,000 for the same period last year. Revenues were CAD 245,000 against CAD 1,245,000 last year.

Athabasca Potash Inc. announced the resignation of Robert Boyd as Chief Executive Officer on Sept. 30, 2009.

Athabasca Potash Inc. announced the election of its alternate nominees for the board of directors. Dawn Zhou, Bradley V.A. Fettis, Kenneth E. MacNeill, Robert Cross, Brian B. Goodwin, Charley X. Ye and Arnold E. Hillier have been elected by a majority of shareholders eligible to vote at the annual and special meeting of shareholders of API held at Saskatoon, Saskatchewan on September 3, 2009.