Brief: MBAC Fertilizer provides update regarding regulatory matters

Itafos

14/05/2016 24:30

May 14 (Reuters) - MBAC Fertilizer Corp  MBC.TO : 
    * Will not be in a position to file its interim consolidated 
financial statements for three months ended march 31, 2016 
    * Says expects a cease trade order will be issued by 
canadian securities regulators under provisions of national 
policy 
    * Currently working diligently to complete q1 filing and 
expects to be able to have q1 filing filed on or about june 10, 
2016 
    * Can be no assurance that a listing on TSXV, or another 
exchange, will be obtained before mbac is delisted from TSX or 
at all 
    * Says scheduled delisting of common shares and warrants of 
company has been extended to June 10, 2016 
    * Extension intended to allow co additional time to complete 
transition of listing of its common shares to TSX venture 
exchange 
    * MBAC provides update regarding regulatory matters and 
recapitalization transaction 
 
    Source text for Eikon:  urn:newsml:reuters.com:*:nMKW37dGza 
    Further company coverage:  MBC.TO  
 
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