Business
MBAC Files Technical Report for Santana Phosphate Project Feasibility Study
TSX:MBC OTCQX:MBCFF Shares Outstanding:152,029,492 Fully Diluted:167,199,330 ...
About this update from Itafos Inc
[{"type":"text","content":"\n\n\nTSX:MBC \nOTCQX:MBCFF \nShares Outstanding:152,029,492 \nFully Diluted:167,199,330\n\n\nTORONTO, Nov. 28, 2013 /CNW/ - MBAC Fertilizer Corp. (\"MBAC\" or the \"Company\") (TSX:MBC) (OTCQX:MBCFF) advises that, further to its press release on October 17, 2013, it has\n now filed on SEDAR a technical report in support of its feasibility\n study results for the Santana Phosphate Project (the \"Technical\n Report\").\n\n\nA copy of the report can be obtained under the Company's profile on\n SEDAR at www.sedar.com.\n\n\nAbout MBAC\n\n\nMBAC is focused on becoming a significant integrated producer of\n phosphate fertilizers and related products in the Brazilian and Latin\n American markets. MBAC has an experienced team with significant\n experience in the business of fertilizer operations, management,\n marketing and finance within Brazil. MBAC owns and operates the Itafós\n Arraias SSP Operations which consists of an integrated fertilizer\n producing facility comprised of a phosphate mine, a mill, a\n beneficiation plant, a sulphuric acid plant, an SSP plant and a\n granulation plant and related infrastructure located in central Brazil.\n The Itafós Operations are estimated to have production capacity of\n approximately 500,000 tonnes of SSP per annum. The Santana Phosphate\n Project is a high grade phosphate deposit located in close proximity to\n the largest fertilizer market of Mato Grosso State. MBAC's exploration\n portfolio includes a number of additional exciting phosphate and minor\n potash projects, which are also located in Brazil. The Company\n continues to search for additional fertilizer opportunities in the\n Brazilian and other Latin-American markets, where strong agricultural\n fundamentals and unique opportunities are expected to provide\n attractive growth opportunities in the near future. Further information\n on MBAC can be found on the Company's website at www.mbacfert.com and on SEDAR at www.sedar.com.\n\n\nFORWAD LOOKING INFORMATION\n\n\nThis news release contains \"forward-looking statements\" within the\n meaning of applicable Canadian securities legislation. Forward-looking\n statements include, but are not limited to, statements related to\n activities, events or developments that the Company expects or\n anticipates will or may occur in the future, including, without\n limitation, statements...