TORONTO, ON--(Marketwired - April 15, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it has received a letter from the Toronto Stock Exchange ("TSX") indicating that the common shares and warrants of the Company will be delisted effective at the close of market on May 13, 2016. Trading in the securities of MBAC has been suspended since April 5, 2016, on which date the Company [...]
TORONTO, April 15, 2016 /CNW/ - DELISTING REVIEW MBAC Fertilizer Corp. (the "Company") – Further to TSX Bulletin 2016-0342 dated April 6, 2016, TSX has determined to delist the common shares and warrants (Symbol: MBC and MBC.WT) (collectively, the "Securities") of the Company at the close of business on May 13, 2016 for failure to meet the continued listing requirements of TSX. The Securities will remain suspended from [...]
TORONTO, April 6, 2016 /CNW/ - DELISTING REVIEW MBAC Fertilizer Corp. (the "Company") – Further to Bulletin #2016-0279 dated March 23, 2016 TSX is now reviewing the common shares and warrants (Symbol: MBC and MBC.WT) (collectively the "Securities") of the Company with respect to meeting the requirements for continued listing pursuant to the Expedited Review Process. The Securities are currently halted from trading due to [...]
TORONTO, ON--(Marketwired - April 05, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it has entered into a support agreement (the "Support Agreement") with Zaff LLC ("Zaff"), the investment fund active in the fertilizer industry which has previously provided bridge financing to the Company, to give effect to a recapitalization of the Company (the "Recapitalization"). The [...]
TORONTO, ON--(Marketwired - March 30, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it has determined that it will not be in a position to file its annual information form, audited annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended December 31, 2015 by March 30, 2016 (collectively, the "Annual Filings"), the [...]
TORONTO, ON--(Marketwired - March 28, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it is continuing negotiations with an investment fund active in the fertilizer industry (the "Offeror"). The parties have mutually agreed to further extend the letter of intent between the parties, which contains an exclusivity clause and the deadline for entering into definitive binding [...]
TORONTO, March 23, 2016 /CNW/ - DELISTING REVIEW MBAC Fertilizer Corp. (the "Company") – TSX is reviewing the common shares and warrants (Symbols: MBC and MBC.WT) of the Company with respect to meeting the continued listing requirements. The Company has been granted 30 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. About TMX Group (TSX:X) TMX Group's key subsidiaries [...]
TORONTO, ON--(Marketwired - March 22, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it has received notice from the Toronto Stock Exchange (the "TSX") that the TSX is reviewing the eligibility for continued listing on the TSX of the securities of the Company, including the common shares of MBAC (TSX: MBC) and the warrants of MBAC (TSX: MBC.WT). The Company has been granted 30 [...]
TORONTO, ON--(Marketwired - March 21, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it is continuing negotiations with an investment fund active in the fertilizer industry (the "Offeror"). The parties have mutually agreed to further extend the letter of intent between the parties, which contains an exclusivity clause and the deadline for entering into definitive binding [...]
TORONTO, ON--(Marketwired - March 14, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it is continuing negotiations with an investment fund active in the fertilizer industry (the "Offeror"). The parties have mutually agreed to further extend the letter of intent between the parties, which contains an exclusivity clause and the deadline for entering into definitive binding [...]
TORONTO, ON--(Marketwired - March 07, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it is continuing negotiations with an investment fund active in the fertilizer industry (the "Offeror"). The parties have mutually agreed to further extend the letter of intent between the parties, which contains an exclusivity clause and the deadline for entering into definitive binding [...]
TORONTO, ON--(Marketwired - March 02, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that the investment fund active in the fertilizer industry that has extended the Company a bridge loan has increased its bridge loan to the Company with an advance of US$418,000, bringing the total amount that investment fund has made available to MBAC under bridge loans to approximately US$3.34 [...]