SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
02 Novembro 2022 - 12:59PM
SOPerior Fertilizer Corp. (the
“Company”)
(NEX:SOP.H).
Further to its press release on August 31, 2022, the Company is
announcing a change to the expected timing of payments from a
counterparty related to a JV Agreement (“JV”) for the development
of its Blawn Mountain alunite asset. The counterparty has proposed
a revised funding schedule which provides for a USD$2,000,000
payment by November 18th, 2022 with the final payment and JV
closing by December 16th, 2022. The terms and conditions of the JV
Agreement are unchanged from those outlined in the August 24, 2020
press release.
On Behalf of the Board of Directors
SOPERIOR FERTILIZER
CORP. “Andrew Squires”
CEO and Director
Contact InformationE-mail
inquiries:
info@SOPeriorfertilizer.comwww.SOPeriorfertilizer.com
FORWARD LOOKING STATEMENTS:
This news release contains forward-looking statements, which relate
to future events or future performance and reflect management's
current expectations and assumptions. Such forward-looking
statements reflect management’s current beliefs and are based on
assumptions made by and information currently available to the
Company. Investors are cautioned that these forward-looking
statements are neither promises nor guarantees, and are subject to
risks and uncertainties that may cause future results to differ
materially from those expected. These forward-looking statements
are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any
obligation to update or revise them to reflect new events or
circumstances. All of the forward-looking statements made in this
press release are qualified by these cautionary statements and by
those made in our filings with SEDAR in Canada (available at
www.sedar.com).
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