Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Chemicals

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

Itafos Inc

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Post by kisstopherpon Sep 21, 2016 1:01pm

319 Views

Post# 25261298

Anthony Cina - Affidavit: August 3, 2016

A documented history and continuing gross incompetence of MBAC by it's management and directors:

Key sections to review:

#72 – Failed Strategic Alternatives

#90 – The CCAA Plan of Restructuring

#93 – 3.3% for Shareholders

#115 – Directors Pay and Liability Coverage (read the last line – it's hilarious)

#137 – Annual General Meeting

https://documentcentre.eycan.com/eycm_library/MBAC%20Fertilizer%20Corp/English/Motion%20Materials/001%20Initial%20Order%20Application%20Record,%20dated%20August%204,%202016/Application%20Record%20-%20Volume%201%20-%2003Aug2016.pdf