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ACRON : ACRON : North Atlantic Potash Announces 43-101 Compliant Resources for Foam Lake Property

ACRON : ACRON : North Atlantic Potash Announces 43-101 Compliant Resources for
                              Foam Lake Property

                                                              January 18, 2012

   North Atlantic Potash Announces 43-101 Compliant Resources for Foam Lake
                                   Property

North Atlantic  Potash  Inc. (NAP),  the  Canadian subsidiary  of  Acron,  has 
completed an 11-hole  drilling project on  its wholly owned  Foam Lake  Potash 
Property. In addition,  330 kilometres  of 2D  seismic were  acquired by  Boyd 
Petrosearch on behalf of NAP.  The internationally recognized potash  geologic 
company North  Rim Exploration  Ltd. prepared  the 43-101  compliant  Resource 
Summary Report for Foam Lake. The  results to date have confirmed 942  million 
tonnes in-place at 19% K[2]O (30%  KCL) with 218 million tonnes Indicated  and 
724 million tonnes Inferred resources.

The Foam Lake  Property consists of  four contiguous Potash  Permits, KP  382, 
383, 508, 509, covering an area of 318,000 acres. The drill program  consisted 
of 11 holes with three holes in KP 382, five holes in KP 508, two holes in  KP 
509 and one  hole in KP  383. Three typical  Saskatchewan Potash Members  were 
intersected and sampled which  included: the Patience  Lake, Belle Plaine  and 
Esterhazy Members. As expected the Esterhazy Member was the most consistent of
the three potash zones intersected and is the bases of the resource estimate.

"We are very pleased with the results of our intensive exploration program  in 
the Foam Lake area which  encourages us to move forward  to the next stage  in 
our development. With the strong  financial and extensive experience from  our 
parent Acron, this  project and  the Joint Venture  we are  pursuing with  Rio 
Tinto in  southern  Saskatchewan presents  a  very promising  future  for  our 
company." said Arie Zuckerman, President  of North Atlantic Potash. "Our  goal 
remains to move the company towards potash development in Saskatchewan."

"In one  short year  following our  very successful  agreements with  Yankuang 
Group and Rio Tinto in September 2011, we've accomplished a significant amount
of work delineating our potash assets in Saskatchewan." added David Waugh, CEO
of North Atlantic  Potash. "As  we expand  our resource  base knowledge  we'll 
continue to  leverage  our  holdings  to advance  our  overall  global  potash 
development strategy."

For Further Information:

Acron

Ms. Elena Kochubey -                          Tel: 
+7 (495) 777 08 65
Head of Public Relations

Mr. Ilya Popov -                                 
Tel: + 7 (495) 411 55 94 (ext. 5252)
Head of Investor Relations

Background

Acron Group is a leadingRussian and global mineral fertiliser producer with a
diversified product  portfolio  consisting  of multi-nutrient  (NPK  and  bulk 
blends) and straight  nitrogen-based fertilisers (urea,  ammonium nitrate  and 
UAN), as well as industrial products.  In 2011, the Group's output  (exclusive 
of own use) totalled 5.8 million  tonnes. The Group's key markets are  Russia, 
China and other Asian countries, Europe, America, and CIS countries.

In 2011, the Group's consolidated revenues under IFRS were RUB 65,431  million 
(US$ 2,226 million), and net profit was RUB 20,328 million (US$ 692  million). 
Acron's shares are  listed and traded  on the Moscow  Exchange and the  London 
Stock Exchange (ticker AKRN). Acron employs over 14,000 people.

A high vertical  integration, including  development of  potash and  phosphate 
deposits, operation of three  large production facilities, own  transportation 
infrastructure and international distribution network,  is a platform for  the 
Group's sustainable growth. The  phosphate and potash  projects in Russia  and 
Canada are Acron  Group's most intensively  evolving segment. After  launching 
the Oleniy Ruchey mining  and processing complex, the  Group will reach a  new 
stage of development by securing supplies  of its own phosphate raw  materials 
to Acron's processing facilities.

For more information about the Group please visit www.acron.ru/en.

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                    Source: ACRON via Thomson Reuters ONE
                                 HUG#1671369
 
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