Brief: Mbac announces non-brokered private placement

Itafos

22/11/2016 15:07

Nov 22 (Reuters) - Mbac Fertilizer Corp :  
    * Mbac announces non-brokered private placement 
    * Non-brokered private placement to Zaff LLC of 5.37 million 
shares at price of $2.50 per share,for aggregate proceeds of 
$13.43 million 
    * Proceeds of private placement shall be used primarily for 
re-commissioning and ramp-up of company's Itafós Arraias Ssp 
operations 
 
Source text for Eikon:  ID:nCCN6Hp90C  
Further company coverage:  MBC.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))