Potash Permit Issued and Shares to Resume Trading

Potash North Resource Corporation (the "Company") (TSX VENTURE:PON) is pleased
to announce that it has been provided confirmation from the Saskatchewan Mines
Branch that a potash permit has been issued in respect of potash permit
application KP 416 covering approximately 91,000 acres. The Company holds rights
to acquire potash permit KP 416 under a Memorandum of Agreement (the "Peninsula
Agreement") with Peninsula Merchant Syndications Corp., as described in greater
detail in the Company's news release of May 12, 2008 (disseminated under its
former name "Timer Explorations Inc." and symbol "TES"). Both of the historic
drill holes reported in that news release lie within KP 416. The Company expects
the permit in respect of application KP 417 will be issued shortly by the
Saskatchewan government.


Trading in the shares of the Company will resume at market open on Wednesday
June 4, 2008.


ON BEHALF OF THE BOARD

David Baker, President

This press release contains "forward-looking information" that is based on
Timer's current expectations, estimates, forecasts and projections. This
forward-looking information includes, among other things, statements with
respect to Timer's mineral discoveries, plans, outlook and business strategy.
The words "may", "would", "could", "should", "will", "likely", "expect",
"anticipate", "intend", "estimate", "plan", "forecast", "project" and "believe"
or other similar words and phrases are intended to identify forward-looking
information.


Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause Timer's actual results, level of activity,
performance or achievements to be materially different from those expressed or
implied by such forward-looking information. Such factors include, but are not
limited to: uncertainties related to drilling results; the ability to raise
sufficient capital to fund exploration; changes in economic conditions or
financial markets; changes in prices for Timer's mineral products or increases
in input costs; litigation, legislative, environmental and other judicial,
regulatory, political and competitive developments; technological or operational
difficulties or inability to obtain permits encountered in connection with
exploration activities; and labour relations matters.


This list is not exhaustive of the factors that may affect our forward-looking
information. These and other factors should be considered carefully and readers
should not place undue reliance on such forward-looking information. Timer
disclaims any intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events or otherwise.

Potash North Resource (Tier2) (TSXV:PON)
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