Brief: MBAC says continuing negotiations with an investment fund active in fertilizer industry
29/03/2016 24:00
March 28 (Reuters) - Mbac Fertilizer Corp MBC.TO
* MBAC provides update on its strategic review process
* Continuing negotiations with an investment fund active in
fertilizer industry
* Parties have agreed to further extend LOI ,which contains
an exclusivity clause,deadline for entering into definitive
binding documentation
* No assurance that potential transaction will be
successfully agreed and concluded
* No assurances that company will pursue or complete a
business transaction or sale under its strategic process
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