RE:$190 Million in Debt to Settle Documentation on the reprofiling is currently being finalized. The company is also engaged in discussions with its senior lenders in relation to its short-term financing requirements. As a result of these discussions, the company announced that it has secured access to a $1.6-million (U.S.) working capital loan from one of its senior lenders. The working capital will be used primarily to purchase phosphate rock, supplies and spare parts needed for SSP production. Discussions for additional working capital facilities required for ensuring operational continuity are under way and are expected to be announced shortly.