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DEC 7 1998
SASKATOON CNW-PRN – Potash Corporation of Saskatchewan Inc. (PCS) today announced that it has purchased, pursuant to a public offering by the Government of the State of Israel, 108,359,925 Ordinary Shares of Israel Chemicals Ltd. (ICL) for an aggregate purchase price of NIS 382,510,535 (approximately US $91,291,297). This purchase represents 9.03% of the issued and outstanding Ordinary Shares of ICL.
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NOV 5 1998
SASKATOON CNW-PRN – Potash Corporation of Saskatchewan Inc. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.36 per share payable February 15, 1999 to shareholders of record January 25, 1999.
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SEP 22 1998
SASKATOON, Saskatchewan, PRNewswire – Potash Corporation of Saskatchewan Inc. (PCS) today announced that continued weak nitrogen markets will have a negative affect on its third quarter income.
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AUG 6 1998
SASKATOON CNW – Potash Corporation of Saskatchewan Inc. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.36 per share payable November 13, 1998 to shareholders of record October 23, 1998.
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JUL 23 1998
SASKATOON CNW – Potash Corporation of Saskatchewan Inc. today reported second quarter earnings of $89.1 million, or $1.64 per share, which included record quarterly gross margin of $186.6 million and record quarterly cash flow of $171.2 million (before changes in working capital).
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MAY 6 1998
SASKATOON CNW – Potash Corporation of Saskatchewan Inc. announced today that its Board of Directors has declared a quarterly dividend of CDN $0.36 per share payable August 14, 1998 to shareholders of record July 24, 1998.
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APR 28 1998
SASKATOON, CNW-PRN – Increased potash volumes and prices raised Potash Corporation of Saskatchewan Inc. first quarter net income to $63.0 million, 12 percent higher than the $56.4 million earned in the first quarter of 1997. Net income per share was $1.17, compared to $1.18 during the comparable quarter one year ago. Net sales revenue of $583.8 million was up 26 percent and operating income at $109.8 million was up 21 percent.
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MAR 3 1998
SASKATOON CNW – Potash Corporation of Saskatchewan Inc. (the "Corporation") announced today that it has concluded its purchase of all the outstanding shares of Potash Company of Canada Limited from Kali und Salz Beteiligungs AG of Germany and Entreprise Minière et Chimique of France. The Corporation acquired the shares for consideration of CDN$15.9 million, subject to adjustment. In connection with the closing of the transaction the vendors were released from their guarantees for certain outstanding bank indebtedness of the acquired business. Concurrent with the closing, the name Potash Company of Canada Limited was changed to PCS Cassidy Lake Limited ("PCS Cassidy Lake").
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MAR 2 1998
SASKATOON CNW – Potash Corporation of Saskatchewan Inc. (the "Corporation") announced today that it has approved an amended and restated shareholder rights agreement dated March 2, 1998. The amended and restated rights agreement succeeds the Corporation's existing rights plan which is scheduled to expire no later than the termination of the upcoming shareholders' meeting.
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FEB 12 1998
SASKATOON, CNW – The best potash sales in its history and record fourth quarter net income helped make 1997 the seventh consecutive year of improved earnings for Potash Corporation of Saskatchewan, the Company reported today. PCS earned $72.4 million in fourth quarter 1997 ($1.35 per share), compared to $46.2 million ($1.01 per share) in the same quarter of 1996. The report is based on preliminary unaudited figures and is reported in U.S. dollars.