Itafos Announces Date of Commencement of Trading Under New NAME
ITAFOS ANNOUNCES DATE OF COMMENCEMENT OF TRADING UNDER NEW NAME
TORONTO, ON – January 4, 2017 – Itafos (TSX VENTURE: MBC) (“ Itafos” or the “ Company”) is
pleased to announce that it has filed all necessa ry material with the TSX Venture Exchange (the “TSXV”)
in connection with the change in the Company’s name to “Itafos”. The shareholder approval required to
authorize the change in the Company’s name from “MBAC Fertilizer Corp.” to “Itafos” was obtained at the
Company’s annual general meeting held on December 16, 2016. It is expected that the Company’s
shares will commenc e trading under the new na me on January 6, 2017 under the trading symbol of
“IFOS”. No action is required to be taken by holders of the Company’s securities in respect of the change
in the Company’s name.
About Itafos
Itafos is focused on becoming a significant integrated producer of phosphate based fertilizers and related
products. Itafos has an ex perienced team with signi ficant experience in t he business of fertilizer
operations, management, marketing and finance. It afos owns and operates the Itafós Arraias SSP
Operations, which consists of an integrated fertilizer producing facility compri sed of a phosphate mine, a
mill, a beneficiation plant, a sulp huric acid plant, an SSP plant and a granulation plant and related
infrastructure located in central Brazil. Itafos’ exploration portfolio includes a number of additional projects
in Brazil, including the Santana Project, a high-grad e phosphate deposit located in close proximity to the
largest fertilizer market of Mato Grosso State and animal feed market of Pará State, and the Araxá
Project, a high-grade rare earth elements, niobium and phosphate deposit located in close proximity to
two operating mines, therefore benefiting from existi ng local infrastructure. In addition, Itafos owns an
approximate 31.3% interest in GB Mi nerals Ltd. which owns the Farim Project, a high-grade phosphate
deposit located in Guinea Bissau and an approximate 36.5% interest in Stonegate Agricom Ltd. which
owns the Paris Hills Project, a high -grade phosphate deposit located in Idaho, United States of America
and the Mantaro Project, a high-grade phosphate deposit located in Peru.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Itafos
Cristiano Melcher, Chief Executive Officer
www.mbacfert.com