Sept 20 (Reuters) - Potash Ridge Corp PRK.TO
* Potash Ridge Corp - determined value of PRK does not reflect combined value of its two assets in both Utah and Quebec
* Potash Ridge - "It is in best interest" of shareholders that Valleyfield Fertilizer Corp be spun out from co into a separate publically traded vehicle
* Potash Ridge Corp - PRK intends to target its SOP production primarily at us market
* Potash Ridge Corp - believes that Valleyfield Project in Quebec will be best served as a stand alone entity based in and focused on Quebec market
* Potash Ridge - for Valleyfield Project, is reviewing options including equity spin out in favor of shareholders of co, sale for cash and equity, or a JV