SOPerior Fertilizer Corp. . SOP was informed on December 30th, 2022 of a short delay in the JV transaction payment schedule . The delay was related to the timing of the receipt of a Phase 1 environmental study which was being conducted on the Blawn Mountain property as part of due diligence. The receipt of the funds related to the JV transaction are now expected to be received by January 6, 2023. A portion of the funds [...]
SOPerior Fertilizer Corp. . Further to its press release on November 21, 2022, the Company is announcing an update to the expected timing of payments from a counterparty related to a JV Agreement for the development of its Blawn Mountain alunite asset. The counterparty has indicated that full payment and JV closing will occur prior to December 31, 2022. The terms and conditions of the JV Agreement are unchanged from those [...]
SOPerior Fertilizer Corp. . Further to its press release on August 31, 2022, the Company is announcing a change to the expected timing of payments from a counterparty related to a JV Agreement for the development of its Blawn Mountain alunite asset. The counterparty has proposed a revised funding schedule which provides for a USD$2,000,000 payment by November 18th, 2022 with the final payment and JV closing by December [...]
SOPerior Fertilizer Corp. . Further to its press release on March 28th, 2022, wherein the Company announced it had entered into an Exclusivity Agreement with a counterparty with respect to a JV Agreement for the development of its Blawn Mountain alunite asset, the counterparty has funded an additional USD $250,000. Of this balance, USD$35,000 was paid to extend the Exclusivity Agreement beyond the initial term which [...]
SOPerior Fertilizer Corp. . Further to its press release on Dec 5th, 2021, wherein the Company announced it had entered into an Exclusivity Agreement with a counterparty with respect to a JV Agreement for the development of its Blawn Mountain alunite asset, the counterparty has to-date paid USD $380,000 in non-refundable exclusivity payments to secure the JV transaction until the closing date which must occur before the [...]
SOPerior Fertilizer Corp. . Further to its press release on July 6, 2021, the Company announces that it has entered into an Exclusivity Agreement with a counterparty with respect to a JV Agreement for the development of its Blawn Mountain alunite asset. The counterparty has agreed to provide a USD$200,000 exclusivity payment to secure the JV transaction until the closing date which is anticipated to occur by mid-January [...]
SOPerior Fertilizer Corp. is pleased to announce that its wholly owned subsidiary, Valleyfield Fertilizer Corporation has entered into a Settlement Agreement with Jones-Hamilton Co. to terminate the Supply Agreement of March 2017 and discharge in full any and all liabilities and obligations between the parties under the Supply Agreement. The Supply Agreement was entered into in connection with a sulphate of potash [...]
SOPerior Fertilizer Corp. is pleased to announce that it has closed a non-brokered private placement described in its press release on September 10, 2021. The Company issued 11,248,260 units at $0.025 per unit for gross proceeds of $281,207. Each Unit is comprised of one common share of the Company and one Share purchase warrant , with each Warrant being exercisable to acquire one common share at a price of $0.05 per [...]
SOPerior Fertilizer Corp. is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, securities of the Company consisting of units at a price of $0.025 per Unit, for aggregate proceeds of up to $500,000. Each Unit is comprised of one common share of the Company and one Share purchase warrant, with each Warrant being exercisable to acquire one common share at a price of $0.05 per [...]
SOPerior Fertilizer Corp. . Further to its press releases on August 24, 2020 and October 2, 2020, the Company announces that the prolonged negotiations with the original Counter-Party to the proposed Joint Venture agreement and larger resource transaction have ended but that the Company is in negotiations with 3 other parties interested in entering into the same JV and the larger regional transaction. The Company hopes to [...]
SOPerior Fertilizer Corp. reports that the Ontario Securities Commission has issued a Failure to File Cease Trade Order against the Company and its securities. The Order ceases all trading in the securities of the Company in all provinces where the Company is a reporting issuer and in which Multilateral Instrument 11-103 - Failure-to-File Cease Trade Orders in Multiple Jurisdictions applies. However, holders of securities [...]