TSX:MBC
OTCQX:MBCFF
Shares Outstanding:152,029,492
Fully Diluted:161,252,908
TORONTO, Aug. 8, 2013 /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 2013
second quarter financial results on Thursday, August 15, 2013 at 10:00
am ET. Peter Marrone, MBAC's Chairman, will chair the call and be
joined by management to deliver a corporate presentation. The Company
is expected to report its second quarter financial results after market
close on August 14, 2013.
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. The conference call will be
archived for replay until midnight August 22, 2013. To access the
archived conference call, please dial 1 855 859-2056 and enter the
encore code: 29711947.
The corporate presentation and audio of the conference call will be
available via webcast at: http://www.newswire.ca/en/webcast/detail/1206979/1323707. 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. An archived replay of the webcast will be available
on the Company's website.
About MBAC
MBAC is focused on becoming a significant integrated producer of
phosphate and potash 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. In October 2008, MBAC
acquired Itafós Mineração Ltda., which consisted of a phosphate mine, a
mill and plant and related infrastructure, all located in central
Brazil. Since late 2012, such operations have been phased out as the
Company completed the construction of the Itafós Arraias SSP Project.
MBAC's exploration portfolio also includes a number of additional
exciting phosphate and potash 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 becoming a significant
integrated producer of phosphate and potash fertilizers and related
products in the Brazilian and Latin American markets and bringing
significant benefits to local rural farmers with the supply of quality
fertilizer at reduced logistics costs, as well as to the community it
serves with the additional jobs, social programs and infrastructure,
the expectation in relation to Itafós being completed within the
disclosed timeline. 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 and potash
fertilizers and related products in the Brazilian and Latin American
markets, the anticipated benefits from the Itafós Project to local
farmers and the community not being recognized, the expectation in
relation to Itafós being completed within the disclosed timeline, 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.
