Itafos Announces Publication of Inaugural ESG Report
News Release
ITAFOS ANNOUNCES PUBLICATION OF INAUGURAL ESG REPORT
HOUSTON, TX – November 22, 2021 – Itafos Inc. (TSX-V: IFOS) (the “Company”) announced today the publication of its
inaugural environmental, social and governance (“ESG”) report. The Company’s inaugural ESG report describes the
Company’s progress on ESG matters to date and outlines the Company’s directional goals moving forward.
“We are pleased to publish our inaugural ESG report. Through this publication, we set a baseline for our corporate-wide
ESG initiatives and establish a framework to measure our ESG goals and performance moving forwar d,” said G. David
Delaney, CEO of Itafos.
The Company’s inaugural ESG Report is available under the Investors page on the Company’s website at www.itafos.com.
About Itafos
The Company is a phosphate and specialty fertilizer company. The Company’s businesses and projects are as follows:
▪ Conda – a vertically integrated phosphate fertilizer business with production capacity of approximately 550kt per
year of monoammonium phosp hate (“MAP”), MAP with micronutrients (“MAP+”), superphosphoric acid (“SPA”),
merchant grade phosphoric acid (“MGA”) and ammonium polyphosphate (“APP”) located in Idaho, US;
▪ Arraias – a vertically integrated phosphate fertilizer business with production capacity of approximately 500kt per
year of single superphosphate (“SSP”), SSP with micronutrients (“SSP+”) and approximately 40kt per year of excess
sulfuric acid (220kt per year gross sulfuric acid production capacity) located in Tocantins, Brazil;
▪ Farim – a high-grade phosphate mine project located in Farim, Guinea-Bissau;
▪ Santana – a vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil;
▪ Araxá – a vertically integrated rare earth elements and niobium mine and extraction plant project located in Minas
Gerais, Brazil;
▪ Paris Hills – a phosphate mine project located in Idaho, US (wind down in process); and
▪ Mantaro – a phosphate mine project located in Junin, Peru (wind down in process).
The Company is a Delaware corporation that is headquartered in Houston, TX. The Company’s shares trade on the TSX
Venture Exchange (“TSX-V”) under the ticker symbol “IFOS”. The Company’s principal shareholder is CL Fertilizers Holding
LLC (“CLF”). CLF is an affiliate of Castlelake, L.P., a global private investment firm.
For more information, or to join the Company’s mailing list to receive notification of future news releases, please visit the
Company’s website at www.itafos.com.
Forward-Looking Information
Certain information contained in this news release constitutes forward -looking information. All information other than
information of historical fact is forward-looking information. The use of any of the words “intend”, “anticipate”, “plan”,
“continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “would”, “believe”, “predict” and “potential” and simil ar
expressions are intended to identify fo rward-looking information. This information involves known and unknown risks,
uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such
forward-looking information. No assurance can be given that this information will prove to be correct and such forward -
looking information included in this news release should not be unduly relied upon.
Forward-looking information is subject to a number of risks and other factors that could cause actual resu lts and events to
vary materially from that anticipated by such forward-looking information. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward -looking statements,
there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual
results to differ materially from expected results described in forward -looking statements include, but are not limited to,
those risk factors set out in the Company’s management’s discussion and analysis and other disclosure documents
available under the Company’s profile at www.sedar.com and on the Company’s website at www.itafos.com. Readers are
cautioned that the foregoing list of risks, uncertainties and assumptions are not exhaustive. The forward-looking information
included in this news release is expressly qualified by this cautionary statement and is made as of the date of this news
TSX-V: IFOS
release. The Company undertakes no obligation to publicly update or revise any forward -looking information except as
required by applicable securities laws.
NEITHER THE TSX-V NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES
OF THE TSX-V) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
For further information, please contact:
Itafos Investor Relations
www.itafos.com