TORONTO, ON--(Marketwired - October 23, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announces that Renee Beltran has been appointed Interim Chief Financial Officer of the Company, effective October 23, 2015, following the departure of Mr. Rodrigo Pinto as Chief Financial Officer of the Company. Mrs. Beltran has been an employee of the Company since June 2013 leading the Company's risk management and [...]
TORONTO, ON--(Marketwired - September 29, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it is continuing its exclusive negotiations with an investment fund active in the fertilizer industry. The parties have mutually agreed to extend their original September 30, 2015 exclusivity deadline (see press release dated July 27, 2015). The exclusivity period has been extended until [...]
TORONTO, ON--(Marketwired - September 28, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announces today that Rodrigo Pinto has tendered his resignation as Chief Financial Officer, Vice-President, Finance and Corporate Secretary of the Company, which will become effective October 23, 2015 following a month long transition period. The Board of Directors is defining the transition and succession process [...]
TORONTO, ON--(Marketwired - August 14, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announced today its financial results for the three and six months ended June 30, 2015 and provided an update on lawsuit claim against Itafós. All amounts, unless noted, are in U.S. currency. Q2 2015 HIGHLIGHTS: Company continued in care and maintenance during Q2 2015, without any production. In response [...]
TORONTO, ON--(Marketwired - July 27, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that it has entered into exclusive discussions and negotiations with an investment fund (the "Offeror") active in the fertilizer industry that has submitted an offer as part of the Company's strategic review process. The exclusivity period with the Offeror will expire on the earlier of the execution of a [...]
TORONTO, ON--(Marketwired - July 02, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announced the results of the vote for the election of directors held at the Annual and Special Meeting of Shareholders held on June 30, 2015. The result of the vote by ballot with respect to the election of each of the directors is as follows: Name Votes in Favour % Votes Withheld % Peter Marrone 38,491,156 61.56 [...]
TORONTO, ON--(Marketwired - June 30, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announced today that the proposed auction to sell certain assets of Itafós, which had been originally scheduled for June 30, 2015, as disclosed in the Company's press release dated June 15, 2015, was suspended by the judge of the Superior Court of Brasilia, following injunctions filed by the Company and [...]
TORONTO, ON--(Marketwired - June 26, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announced today that it has extended the proxy deposit deadline for the Corporation's Annual and Special Meeting of Shareholders to be held at 10:00 a.m. on Tuesday, June 30, 2015. Proxies may now be deposited with Computershare up to 10:00 a.m. (Toronto time) on Monday, June 29, 2015. The proxy deposit extension will [...]
TORONTO, ON--(Marketwired - June 15, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) today announced that, following the receipt of non-binding proposals disclosed previously, it has now received revised proposals from third parties active in the fertilizer and agriculture sectors. The Company and its lenders are currently evaluating the proposals and defining next steps. Upon final settlement the [...]
TORONTO, ON--(Marketwired - May 15, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announced today its financial results for the three months ended March 31, 2015 and provided a general corporate and operational update on its Itafós Arraias Single Super Phosphate ("SSP") Operations ("Itafós" or the "Itafós Operations"). All amounts, unless noted, are in U.S [...]
TORONTO, ON--(Marketwired - April 24, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) announced today its results for the financial year ended December 31, 2014, and provided a general operational update on its Itafós Arraias Single Super Phosphate ("SSP") Operations ("Itafós" or the "Itafós Operations"). All amounts, unless noted, are in U.S. currency. The [...]
TORONTO, ON--(Marketwired - April 23, 2015) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX: MBC) (OTCQX: MBCFF) is pleased to announce the appointment of Anthony Cina, CPA, CA, ICD.D to its Board of Directors as well as its Audit Committee, effective immediately. Mr. Cina previously acted as the Company's Chief Financial Officer from July 2009 to June 2012. Mr. Cina has over 25 years' experience in accounting [...]