MBAC Fertilizer is pleased to announce it has completed its previously announced non-brokered private placement to Zaff LLC. The Company issued 5,374,800 shares in the capital of the Company to Zaff at an offering price of C$2.50 per Share, for aggregate proceeds of C$13,437,000. The net proceeds of the Private Placement will be used primarily for [...]
MBAC Fertilizer is pleased to announce a non-brokered private placement to Zaff LLC of 5,374,800 shares of the Company at an offering price of $2.50 per Share, for aggregate proceeds of $13,437,000. The net proceeds of the Private Placement shall be used primarily for the re-commissioning and ramp-up of the Company's Itafós Arraias SSP [...]
Further to its press release of October 28, 2016, MBAC Fertilizer is pleased to announce that the Company expects that trading of its shares on the TSX Venture Exchange will commence at the opening of markets on November 7, 2016. Shares were delisted from the Toronto Stock Exchange effective at the close of market on July 11, 2016 and listed on the [...]
MBAC Fertilize announced that it has acquired ownership of and control over 341,470,265 common shares (Acquired Shares) of GB Minerals Ltd. (GB Minerals) pursuant to the implementation of a plan of compromise and arrangement under the Companies' Creditors Arrangement Act (Canada) (the Restructuring). Pursuant to the Restructuring, MBAC indirectly [...]
MBAC Fertilizer announced that it has acquired ownership of and control over 154,950,462 common shares (Acquired Shares) of Stonegate Agricom Ltd. (Stonegate) pursuant to the implementation of a plan of compromise and arrangement under the Companies' Creditors Arrangement Act (Canada) (the Restructuring). Pursuant to the Restructuring, MBAC [...]
TORONTO, ONTARIO--(Marketwired - Oct 28, 2016) - MBAC Fertilizer Corp. (TSX VENTURE:MBC) ("MBAC" or the "Company") is pleased to announce the completion of the Canadian portion of its previously announced recapitalization transaction (the "Recapitalization") pursuant to an amended and restated plan of compromise and arrangement (the "CCAA Plan [...]
TORONTO, ON--(Marketwired - Oct 4, 2016) - MBAC Fertilizer Corp. (TSX VENTURE:MBC) (MBAC or the Company) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) (the "Court") granted an order (the "Sanction Order") on October 3, 2016, approving the Company's amended and restated plan of compromise and arrangement (the [...]
TORONTO, ONTARIO--(Marketwired - Sep 27, 2016) - MBAC Fertilizer Corp. (TSX VENTURE:MBC) (MBAC or the Company) has announced today that further to its press release dated September 20, 2016, the Company intends to seek an order (the Sanction Order) from the Ontario Superior Court of Justice (Commercial List) sanctioning and approving the Company's [...]
TORONTO, ONTARIO--(Marketwired - Sep 20, 2016) - MBAC Fertilizer Corp. (MBAC or the Company) is pleased to announce approval of the Company's plan of arrangement (the Plan) pursuant to the Companies' Creditors Arrangement Act (Canada) (CCAA) at the meeting of affected unsecured creditors (the Meeting) held today. The resolution approving the Plan [...]
TORONTO, ONTARIO--(Marketwired - Sep 7, 2016) - MBAC Fertilizer Corp. (MBAC or the Company) announces that, further to its press release of August 4, 2016, the extrajudicial consolidated restructuring proceeding filed by Itafós Mineração S.A., MBAC Fertilizantes S.A. and MBAC Desenvolvimento S.A., each a wholly-owned subsidiary [...]
TORONTO, ONTARIO--(Marketwired - Aug 17, 2016) - MBAC Fertilizer Corp. (MBAC or the Company) announced today that the Company and its wholly-owned subsidiaries, MBAC Opportunities and Financing Inc., MBAC International Holdings Cooperatie U.A. and MBAC (Barbados) Inc. (together with MBAC, the Applicants), have obtained an order from the Ontario [...]
TORONTO, ONTARIO--(Marketwired - Aug 9, 2016) - MBAC Fertilizer Corp. ("MBAC" or the "Company") (TSX VENTURE:MBC) announced today the availability of its results for the quarter ended June 30, 2016. The interim financial statements and management's discussion and analysis for the quarter ended June 30, 2016 are available under the Company's profile [...]
