GOLDEN (DENVER), CO, June 23 /CNW/ - Mr. Sidney Himmel, President and Chief Executive Officer of Trigon Uranium Corp., (TSX-V:TEL; "Trigon") reports that Intercontinental Potash Corp., ("ICP") has closed a non-brokered $5,175,000 private placement. The private placement was described in the Trigon June 17th 2008 press release. Trigon has been granted by ICP an option to acquire sufficient common shares in ICP so as to maintain its original 50% interest in the company. The option expires 90 days after the closing date of the ICP financing.

About Intercontinental Potash Corp.

Intercontinental Potash is a Canadian private company involved in the acquisition, exploration, and development of potash and potash-related mineral lands in the United States Southwest. Intercontinental holds a 100 per cent interest in U.S. Potash Corp., a Colorado Corporation holding interests in various State exploration and mineral lease applications in respect of potash and potash related minerals, and which is carrying out exploration work with respect to those applications.

About Trigon Uranium Corp.

Trigon Uranium Corp. is a uranium exploration and development company focused on the known deposits of the United States South West. This region has produced over one billion pounds of uranium. Trigon has a highly qualified team of uranium exploration experts located in Canada, Utah, and Colorado to direct its exploration and development efforts in the United States South West. Trigon's strategies include the development of advanced uranium projects, entry into uranium mining on an expeditious basis, and opportune acquisitions of Uranium development properties. The company's operations are focused from its Golden, Colorado office. Trigon has made an investment in Intercontinental Potash Corp., a company involved in the acquisition, exploration, and development of potash and potash-related mineral lands in the United States Southwest. The company's shares trade on the TSX Venture Exchange under the symbol "TEL".

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future developments that the company expects to occur, are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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