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

Bullboard Posts

Comment by kisstopherpon Dec 14, 2017 10:18am

162 Views

Post# 27155357

RE:Any news on the private placement?

notacasino wrote: The deadline for current shareholders to take part in the private placement was Tuesday, Dec. 12. I checked the Itafos website, and nothing was posted. Just wondering if anybody has heard anything. What happens if current shareholders do not buy up all the 45.8 million shares @ $2.10 per share to raise the $96 million they are looking for?
I have basically blown my brains out on this stock over the years, so there is no way that I would be investing a minimum of $10K additionally into this company.

It will take some time to compile all the information after the closing - Zaff will once again buy the difference between what has been subscribed to and what is needed.

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide