in this issue
Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Canada's MBAC Fertilizer completes C$51.7-million private placement for Brazil phosphate project
10:00 AM MDT | April 17, 2013 | Francinia Protti-Alvarez
MBAC Fertilizer (Toronto) has completed a C$51.7-million ($50.5 million) private placement of shares. A total of 23.48 million shares were issued and sold at C$2.20/share. The shares issued under the private placement will be subject to a four-month hold period under applicable Canadian securities legislation. The net proceeds are intended to be used for completion of the company's Itafós Arrais single super phosphate (SSP) project, in Brazil; for working capital; and for general and administrative purposes, the company says. The project is in central...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee