Passport Potash Inc. (Passport) is an early stage natural resource company. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and if warranted, developing of natural resource properties. It acquired mineral claims in the Holbrook Basin Project, Arizona, through various agreements: Holbrook Basin Property, Twin Butte Ranch, American Potash, Mesa Uranium and Ringbolt. Its Holbrook Basin Potash Project is located 13 kilometers (8 miles) east of the Town of Holbrook in the County of Navajo, Arizona. The project consists of five distinct land parcels. The Southwest Property consists of 18 mineral exploration permits totaling 11,046.73 acres or 4,470.45 hectares. The Twin Butte Ranch consists of 28,526 acres (11,544 hectares) of deeded land. As of February 29, 2012, the Company had produced no revenues. On March 9, 2012, it acquired the remaining 25% interest in the Mesa properties.