Brief: MBAC provides update on its strategic review process

Itafos

21/03/2016 13:27

March 21 (Reuters) - MBAC Fertilizer Corp  MBC.TO  
    * Says is continuing negotiations with an investment fund 
active in fertilizer industry 
    * LOI contains an exclusivity clause and deadline for 
entering into definitive binding documentation, to march 28, 
2016 
    * MBAC provides update on its strategic review process 
    * Parties have mutually agreed to further extend LOI between 
parties 
 
Source text for Eikon:  ID:nMKWwJZb4a  
Further company coverage:  MBC.TO  
 
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