Potash Company News Directory

MBAC Fertilizer Provides Update on Strategic Review Process to Improve Liquidity

MBAC Fertilizer (TSX:MBC) has engaged Duetsche Bank AG to act as a financial advisor in connection with the company'ss strategic review process to help find a definitive solution to the current working capital constraints and liquidity requirements. As part of the review process, it will look at securing a strategic partner, selling the company or some of its assets as well as other potential value-maximizing transactions.

Canpotex Enters Agreement with Sinofert

Canpotex Ltd. announced that it has signed a memorandum of understanding (MOU) with Sinochem Fertilizer Macao Commercial Offshore Ltd. (Sinofert) under which it will supply a minimum of 1.9 million metric tons of red standard-grade potash over the course of three years.