Itafos Expands Management Team, Announces Appointment of Vice President of Operations
ITAFOS EXPANDS MANAGEMENT TEAM, ANNOUNCES APPOINTMENT OF VICE PRESIDENT
OF OPERATIONS
TORONTO, ON – April 15, 2019 – Itafos (TSX VENTURE: IFOS) (the “ Company”) announced
today the appointment of Wynand van Dyk as Vice President of Operations, effective May 1,
2019. Dr. van Dyk, who has been pr oviding consulting services to the Company since August 2018,
has over 25 years of experience in Mineral s Processing, Metals Refining, Risk Management,
Process Optimization and Project Management. Prior to joining Itafos, Dr. van Dyk worked as a
consultant for Arete Consultants in South Africa, providing strategic management consulting services
to a long list of clients includi ng Anglo American, Afri can Rainbow Minerals, AngloGold Ashanti and
De Beers, among others. Prior to joining Arete Consultants, Dr. van Dyk worked for Lonmin Platinum
Ltd. in various positions incl uding Senior Technical Manager – Pr ocess Division, Senior Manager –
Base Metal Refinery, Senior Manager – 6 Sigm a, and Metallurgical Project Manager. Dr. van Dyk
has a bachelor’s degree in Chemical Engineering and a PhD in Extractive Metallurgical Engineering.
“We have been pleased with Wynand’s contributi ons to Itafos in a consulting role and are now
pleased to welcome him to the Itafos management team. He has extensive knowledge of phosphate
processing, engineering and minerals plant operati ons, and a demonstrated tra ck-record in process
optimization and project management”, commented Brian Zatarain, Itafos’ Chief Executive Officer.
About Itafos
Itafos is a vertically integrated phosphate fert ilizers and specialty products company with an
attractive portfolio of long-term strategic busines ses and projects located in key fertilizer markets
worldwide. Itafos is managed by an experienced and diverse team with extensive operations,
commercial and financial expertise. Itafos owns and operates Itafos Conda, a vertically integrated
phosphate fertilizer business with production and sale s capacity of approximat ely 550kt per year of
monoammonium phosphate (“MAP”), superphosphoric acid (“SPA ”), merchant grade phosphoric
acid (“MGA”) and specialty products including ammonium poly phosphate (“APP”) located in Idaho,
US, and Itafos Arraias, a vertically integrated phosphate fertilizer business with production and sales
capacity of approximately 500kt per year of single superphosphate (“SSP”) and SSP with
micronutrients (“SSP+”) and approximat ely 40,000 t per year of exce ss sulfuric acid located in
Tocantins, Brazil. Itafos owns and is developing Itafos Paris Hills, a high-grade phosphate mine
project located in Idaho, US, Itafos Farim, a hi gh-grade phosphate mine project located in Farim,
Guinea-Bissau, Itafos Santana, a vertically integrated high-grade phosphate fertilizer project located
in Pará, Brazil, Itafos Araxá, a vertically integrated phosphate and rare earth oxide mine project
located in Minas Gerais, Brazil and Itafos Mantaro, a high-grade phosphate mine project located in
Junin, Peru.
For more information, please visit the Company’s website, www.itafos.com.
Forward Looking Information
Certain information contained in this news releas e constitutes forward l ooking information. All
information other than inform ation of historical fact is forward looking informat ion. The use of any of
the words “intend”, “anticipate”, “p lan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”,
“should”, “would”, “believe”, “predict” and “potential” and similar expressions are intended to identify
forward looking information. This information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ mate rially from thos e anticipated in
such forward looking information. No assurance c an be given that this info rmation 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
results and events to vary materia lly from that anticipated by such forward looking information.
Although the Company has attempted to identify import ant factors that could c ause actual results to
differ materially from those contained in forward-l ooking statements, there ma y be other factors that
cause results not to be as antici pated, estimated or int ended. 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 t he Company’s Management Discussion and Analysis and
other disclosure documents availabl e under the Company’s profile at www.sedar.com. Readers are
cautioned that the foregoing list of risks, uncertainties and assump tions are not exhaustive. The
forward looking information included in this news re lease is expressly qualifi ed by this cautionary
statement and is made as of the date of this news release. Itafos undertakes no obligation to publicly
update or revise any forward looking information except as required by applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR IT S REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For further information, please contact:
Itafos
Robert Winslow
www.itafos.com