Itafos Announces New Chief Financial Officer
ITAFOS ANNOUNCES NEW CHIEF FINANCIAL OFFICER
TORONTO, ON – April 4, 2018 – Itafos (TSX VENTURE: IFOS) announced today that Rafael Rangel will
resign as Chief Financial Officer effective immediately to pursue opportunities outside the Company. The
Board of Directors has appointed George Burdette to serve as Chief Financial Officer effective upon Mr.
Rangel’s departure.
“We thank Rafael for the contribution he made to Itafos during his tenure,” Brian Zatarain, Chief Executive
Officer, said. “With the acquisition of the Conda Phosphate Operations and GB Minerals Limited, Itafos is
well-positioned to continue the implementation of its strategy of building a pure-play phosphate fertilizer
company. Mr. Burdette is the right person to join ou r leadership team as we enter this new phase of
growth.”
Mr. Burdette comes to Itafos with over 12 years of corporate development, financial, commercial and
investment management experience. Mr. Burdette led or supported over $8 billion of acquisitions,
divestitures, mergers and financings in the U.S. and in various emerging markets. Prior to joining Itafos,
he was head of Americas project finance at First Solar where he was responsible for project financing and
commercial initiatives in the U.S., Latin America, and South Africa. Prior to First Solar, Mr. Burdette had a
range of experience in private equity and corporate ro les at both Zaff Capital and AEI, covering corporate
development, financings and enterprise risk managem ent working together with Brent de Jong (Itafos
Chairman) and Brian Zatarain (Itafos Chief Executive O fficer). Mr. Burdette holds a Bachelor of Arts in
International Business and French from Wofford College and an International Master of Business
Administration from the University of South Carolina.
About Itafos
Itafos is an integrated producer of phosphate fertilizers with an attractive portfolio of long-term strategic
assets. Itafos is managed by an experienced and diverse team with extensive commercial, financial, legal
and technical expertise. Itafos owns the Conda Phosphate Operations, which produces approximately
540,000 tons per year of mono-ammonium phosphate, super phosphoric acid, merchant grade
phosphoric acid and specialty products located in Idaho, United States and the Arraias Phosphate
Operations which produces approximately 500,000 tons per year of single super phosphate located in
central Brazil. Itafos’ development portfolio includes a number of additional projects in Brazil, including the
Santana Project, a high-grade phosphate mine projec t located in Pará State and the Araxá Project, a
high-grade rare earth elements, niobi um and phosphate mine project located in Minas Gerais State. In
addition, Itafos owns the Paris Hills Project, a high-grade phosphate mine project located in Idaho, United
States, the Mantaro Project, a high-grade phosphate mi ne project located in Junin, Peru and the Farim
Project, a high-grade phosphate mine project located in Farim, Guinea Bissau. Further information on
Itafos can be found at www.itafos.com.
About The Blueshirt Group
The Blueshirt Group provides capital markets exper tise and strategic financial and media relations
counsel to growth companies and venture capital firms globally. Founded in 1999, The Blueshirt Group
has earned its reputation as a leader in investor re lations (IR), financial communications, financial media
relations and crisis management.
For more information, please visit http://www.blueshirtgroup.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Itafos
Brian Zatarain, Chief Executive Officer
www.itafos.com
The Blueshirt Group
Gary Dvorchak, CFA
Managing Director
+1 (323) 240-5796