PHOSCAN CHEMICAL ANNOUNCES RESULTS OF ANNUAL AND SPECIAL MEETING TORONTO, July 31, 2014 - PhosCan Chemical Corp. (TSX: FOS) ("PhosCan" or the "Company") announces the results of its annual and special meeting of shareholders (the "Meeting") held in Toronto, Ontario on July 31, 2014.

At the Meeting, all director nominees listed in the Company's management information circular dated July 2, 2014 were elected as directors of the Company. The detailed results of the votes cast for each director elected at the Meeting were as follows:

Director

Number of

Votes For

Percentage of

Total Votes Cast

Stephen D. Case

63,357,340

94.96

Gordon S.T. McKinnon

63,262,305

94.82

A. Murray Sinclair

58,552,805

87.76

Stephen H. White

63,410,240

95.04

John D. Yokley

63,410,440

95.04

In addition, at the Meeting shareholders appointed Collins Barrow Toronto LLP, Chartered Accountants, as auditors of the Company and ratified the advance notice amendment to the Company's by-laws.
The formal report on voting results with respect to the matters voted upon at the Meeting will be filed on SEDAR at www.sedar.com.

About PhosCan

PhosCan owns a 100% interest in the Martison Project and currently has cash, short term investments and marketable securities of approximately $55.6 million. The Company continues to monitor economic conditions for attractively priced acquisitions and investment opportunities that would be accretive to shareholder value.
For more information please contact: Stephen Case, President & CEO PhosCan Chemical Corp.
Tel: (416) 972-9222

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