TSX: MBC
OTCQX: MBCFF
Shares Outstanding: 181,607,492
Fully Diluted: 230,606,330
TORONTO, Aug. 5, 2014 /CNW/ - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX:MBC and OTCQX:MBCFF) today announced that it will hold a conference call to present its second quarter 2014 financial results on Wednesday, August 13, 2014 at 9:00 am EDT. The Company expects to release Q2 financial results after market close on August 12, 2014.
All interested parties can join the conference call by dialing 1 (888) 231-8191 or 647-427-7450. Please dial in 15 minutes prior to the start of the call to secure a line. To access the archived conference call, please dial 1 855 859 2056 or 416 849-0833 and enter the encore code: 84952650.
The corporate presentation and audio of the conference call will be available via webcast at: www.mbacfert.com and http://event.on24.com/r.htm?e=833812&s=1&k=C50A933CD4DF30EA88BD5BE41C187493
Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast.
The conference call and an archived replay of the webcast will be available for replay until midnight August 20, 2014
About MBAC
MBAC is focused on becoming a significant integrated producer of
phosphate fertilizers and related products in the Brazilian and Latin
American markets. MBAC has an experienced team with significant
experience in the business of fertilizer operations, management,
marketing and finance within Brazil. MBAC owns and operates the Itafós
Arraias SSP Operations which consists of an integrated fertilizer
producing facility comprised of a phosphate mine, a mill, a
beneficiation plant, a sulphuric acid plant, an SSP plant and a
granulation plant and related infrastructure located in central Brazil
("Itafós Operations"). The Itafós Operations are estimated to have
production capacity of approximately 500,000 tonnes of SSP per annum.
MBAC's exploration portfolio includes a number of additional exciting
projects, which are also located in Brazil. The Santana Phosphate
Project is a high grade phosphate deposit located in close proximity to
the largest fertilizer market of Mato Grosso State and animal feed
market of Pará State. The Company continues to search for additional
fertilizer opportunities in the Brazilian and other Latin-American
markets, where strong agricultural fundamentals and unique
opportunities are expected to provide attractive growth opportunities
in the near future. Further information on MBAC can be found on the
Company's website at www.mbacfert.com and on SEDAR at www.sedar.com.
FORWARD LOOKING STATEMENTS
This press release contains "forward-looking statements" within the
meaning of applicable Canadian securities legislation. Forward-looking
statements include, but are not limited to, statements related to
activities, events or developments that the Company expects or
anticipates will or may occur in the future, including, without
limitation, statements related to the Company's business strategy,
objectives and goals; the expectation of Itafós Operations becoming a
significant integrated producer of phosphate fertilizers and related
products in the Brazilian and Latin American markets and the
expectation that Itafós will have a production capacity of
approximately 500,000 tonnes of SSP per annum . Forward-looking
statements are often identified by the use of words such as "plans",
"planning", "planned", "expects" or "looking forward", "does not
expect", "continues", "scheduled", "estimates", "forecasts", "intends",
"potential", "anticipates", "does not anticipate", or "belief", or
describes a "goal", or variation of such words and phrases or state
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved. Forward-looking
statements are based on a number of factors and assumptions made by
management and considered reasonable at the time such statements are
made, and forward-looking statements involve known and unknown risks,
uncertainties and other factors may cause the actual results,
performance or achievements to be materially different from those
expressed or implied by the forward-looking statements. Such risk
factors include, among others, the Company not being successful at
becoming a significant integrated producer of phosphate fertilizers and
related products in the Brazilian and Latin American markets, the risk
that Itafós will not be able to produce 500,000 tonnes of SSP per annum
, as well as those factors disclosed in the Company's current Annual
Information Form and Management's Discussion and Analysis, as well as
other public disclosure documents, available on SEDAR at www.sedar.com. Although MBAC has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that forward-looking
statements will prove to be accurate. The forward-looking statements
contained herein are presented for the purposes of assisting investors
in understanding the Company's plan, objectives and goals and may not
be appropriate for other purposes. Accordingly, readers should not
place undue reliance on forward-looking statements.
SOURCE MBAC Fertilizer Corp.
Joe Racanelli, TMX Equicom, at 416-815-0700 ext. 243, investor@mbacfert.com or visit our website at: www.mbacfert.com
Copyright CNW Group 2014
