TSX: MBC
OTCQX: MBCFF
Shares Outstanding: 181,607,492
Fully Diluted: 230,606,330
TORONTO,
Aug. 5, 2014 /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 second quarter 2014 financial results on
Wednesday, August 13, 2014 at
9:00 am EDT. The Company expects
to release Q2 financial results after market close on August 12, 2014.
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. To
access the archived conference call, please dial 1 855 859 2056 or
416 849-0833 and enter the encore code: 84952650.
The corporate presentation and audio of the
conference call will be available via webcast at:
www.mbacfert.com and
http://event.on24.com/r.htm?e=833812&s=1&k=C50A933CD4DF30EA88BD5BE41C187493
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.
The conference call and an archived replay of
the webcast will be available for replay until midnight
August 20, 2014
About MBAC
MBAC is focused on becoming a significant integrated producer of
phosphate 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. MBAC owns and operates the Itafós
Arraias SSP Operations which consists of an integrated fertilizer
producing facility comprised of a phosphate mine, a mill, a
beneficiation plant, a sulphuric acid plant, an SSP plant and a
granulation plant and related infrastructure located in central
Brazil ("Itafós Operations"). The
Itafós Operations are estimated to have production capacity of
approximately 500,000 tonnes of SSP per annum. MBAC's exploration
portfolio includes a number of additional exciting 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
Operations becoming a significant integrated producer of phosphate
fertilizers and related products in the Brazilian and Latin
American markets and the expectation that Itafós will have a
production capacity of approximately 500,000 tonnes of SSP per
annum . 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 fertilizers
and related products in the Brazilian and Latin American markets,
the risk that Itafós will not be able to produce 500,000 tonnes of
SSP per annum , 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.