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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


TSXV:IFOS - Post by User

Bullboard Posts
Comment by kisstopherpon Aug 07, 2015 4:39pm
267 Views
Post# 23999243

RE:RE:RE:Canada Business Corporation Act (CBCA) - Meeting

RE:RE:RE:Canada Business Corporation Act (CBCA) - Meeting

kisstopherp wrote:

kisstopherp wrote:

As of 2:30 pm August 6th 2015

In my personal inbox including my own shares we have:

Approximately 6.5 million+ shares pledged.

I will provide an update end of day tomorrow sometime.



Update as of 2:30 pm Auguts 7th 2015

Approximately 10 million+ shares pledged.

This includes ONLY those shares pledged in my INBOX
This doesn't include the some 10 Miillion+ plus pledged on the board
*This includes 2 mill by a shareholder that I'd like to confirm with

Keep them coming.

Next steps:

1. I will be writing the formal letter this weekend.
2. I will be submitting to the group for review sometime mid-next week seeking feedback.
3. I'm in the process of setting up a meeting with a senior lawyer who specializes in corporate law at a law firm in Toronto for guidance. (I'm putting in a favour to make this happen)

Stay strong.



Psalm9012 I got your email. The total shares pledged is amazing.

I'm stunned at the total - which by rough estimates hits is over 20 million shares.


Bullboard Posts