November 07, 2014 14:24 ET
MBAC Fertilizer Schedules Q3 2014 Results Conference Call for November 13
TORONTO, ON--(Marketwired - November 07, 2014) - MBAC Fertilizer Corp.("MBAC" or the "Company") (TSX: MBC) (OTCQX: MBCFF)
today announced that it will hold a conference call to present its
third quarter 2014 financial results on Thursday, November 13, 2014 at
9:00 am ET. The Company expects to release Q3 financial results after
market close on November 12, 2014.
All interested parties can join the conference call by dialing 1 (800) 319-4610 or (416) 915-3239. 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 November 27, 2014. To access the archived conference call, please dial 1 (800) 319-6413 or (604) 638-9010 and enter the encore code (5709) followed by the # key.
The corporate presentation and audio of the conference call will be available via webcast at: www.mbacfert.com or http://services.choruscall.ca/links/mbac141113.html.
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 for 14 days.
About MBAC
MBAC is focused on becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian market. 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. 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. 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 MBAC becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian markets; MBAC continuing to explore and implement initiatives to address its near-term liquidity requirements; receiving the balance of the indication for a R$16 million commitment, being able capture the short term benefits of purchasing third party concentrate; being able to produce more granulated SSP immediately, improving cash flow generation. 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 becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian markets; MBAC not being successful in continuing to explore and implement initiatives to address its near-term liquidity requirements; not receiving the balance of the indication for a R$16 million commitment, not being able capture the short term benefits of purchasing third party concentrate; MBAC not being able to produce more granulated SSP immediately, improving cash flow generation 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.
All interested parties can join the conference call by dialing 1 (800) 319-4610 or (416) 915-3239. 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 November 27, 2014. To access the archived conference call, please dial 1 (800) 319-6413 or (604) 638-9010 and enter the encore code (5709) followed by the # key.
The corporate presentation and audio of the conference call will be available via webcast at: www.mbacfert.com or http://services.choruscall.ca/links/mbac141113.html.
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 for 14 days.
About MBAC
MBAC is focused on becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian market. 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. 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. 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 MBAC becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian markets; MBAC continuing to explore and implement initiatives to address its near-term liquidity requirements; receiving the balance of the indication for a R$16 million commitment, being able capture the short term benefits of purchasing third party concentrate; being able to produce more granulated SSP immediately, improving cash flow generation. 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 becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian markets; MBAC not being successful in continuing to explore and implement initiatives to address its near-term liquidity requirements; not receiving the balance of the indication for a R$16 million commitment, not being able capture the short term benefits of purchasing third party concentrate; MBAC not being able to produce more granulated SSP immediately, improving cash flow generation 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.
Contact Information
For further information:
Joe Racanelli
TMX Equicom
416-815-0700 ext. 243
investor@mbacfert.comor visit our website at: www.mbacfert.com
Joe Racanelli
TMX Equicom
416-815-0700 ext. 243
investor@mbacfert.comor visit our website at: www.mbacfert.com
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