Canasia Industries to initiate exploration program

Wednesday, December 30, 2009

Canasia Industries Corporation (TSX VENTURE:CAJ)(FRANKFURT:45C)(OTCBB:CANSF) reported that the company has engaged Rio Minerals Ltd. to initiate an exploration program consisting of geological sampling and mapping on its wholly owned Buena Vista, Las Joyas, and Santo Nino Properties, in central Mexico.
The press release is quoted as saying:
The Las Joyas Property is located in the historic mining [...]

MBAC Fertilizer Completes Acquisition

Monday, December 28, 2009

MBAC Fertilizer Corp. (formerly Sandwell Mining Ltd.) (TSX VENTURE:MBC) reported that the company has completed the previously announced the amalgamation of a wholly owned subsidiary of Sandwell Mining Ltd. and MBAC Opportunities and Financing Inc.
The press release is quoted as saying:
MBAC Fertilizer Corp. is focused on becoming a significant integrated producer of phosphate and potash [...]

Agrium extends exchange offer for CF Industries

Friday, December 25, 2009

Agrium Inc. (TSX:AGU) (NYSE:AGU) announced that the company has extended the expiration date of its offer to acquire CF Industries Holdings, Inc. (NYSE:CF) for $45.00 in cash plus one Agrium share per CF share until 12:00 midnight, New York City time, on January 22, 2010.
The press release is quoted as saying:
Agrium Inc. is a major [...]

Agrium Receives HSR Approval

Friday, December 25, 2009

Agrium Inc. (TSX:AGU) (NYSE:AGU) reported that the Federal Trade Commission (FTC) has granted an early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) in connection with the proposed acquisition of CF Industries Holdings, Inc. (NYSE: CF) and has accepted for public comment the previously announced Consent Agreement between Agrium and [...]

Potash Corp enters into term credit facility

Thursday, December 17, 2009

On Tuesday, Potash Corp of Saskatchewan (POT.TO) has entered into a $2.5 billion revolving term credit facility, which replaces its credit agreement dated Jan. 21, 2009.
The press release is quoted as saying:
The Canadian fertilizer company, the world’s biggest potash producer, said the terms and conditions of the new facility are largely similar to those of [...]

Agrium updates on Vanscoy Potash Mine

Thursday, December 17, 2009

Agrium Inc. (TSX:AGU) (NYSE:AGU) reported today that the company has made significant progress with its planned brownfield expansion at its Vanscoy, Saskatchewan potash mine.
The press release is quoted as saying:
Agrium Inc. is a major retail supplier of agricultural products and services in both North and South America and a leading global producer and marketer of [...]

North American potash inventories declined in Nov

Wednesday, December 16, 2009

On Tuesday, it was reported that North American potash inventories at the manufacturer level fell slightly in November.
The news release is quoted as saying:
According to the most recent data, North American inventories fell by 146,000 tonnes in November, but remain well above 3 million tonnes, or roughly 89 percent over the prior five-year average
Click here [...]

Agrium corporate update

Wednesday, December 16, 2009

Agrium Inc. (TSX:AGU) (NYSE:AGU)today announce that the Egyptian Nitrogen Products Company S.A.E.(a wholly owned subsidiary of MISR Fertilizer Production Company S.A.E. of Egypt, has secured local financing of $1.05-billion.
The press release is quoted as saying:
Agrium Inc. is a major retail supplier of agricultural products and services in both North and South America and a leading [...]

Amazon Mining starts drilling at Cerrado Verde potash project

Monday, December 14, 2009

Amazon Mining Holding Plc (TSX VENTURE:AMZ) announced that its first resource confirmation drill hole at the Cerrado Verde potash project intersected 45 metres grading 11.8% K2O from surface.
The press release is quoted as saying:
Amazon Mining is a mineral exploration and development company founded by Brazilians in 2005. The company is focused on the development of [...]

Agrium’s dividend announcement

Monday, December 14, 2009

Agrium Inc. (TSX:AGU) (NYSE:AGU) announced a dividend of five and one half cents U.S. per common share to be paid on January 14, 2010 to shareholders of record on December 29, 2009.
The press release is quoted as saying:
Agrium Inc. is a major retail supplier of agricultural products and services in both North and South America [...]

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