SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
03 Janeiro 2023 - 9:30AM
SOPerior Fertilizer Corp. (the
“Company”)
(NEX:SOP.H). SOP
was informed on December 30th, 2022 of a short delay in the JV
transaction payment schedule (see press release December 19, 2022).
The delay was related to the timing of the receipt of a Phase
1 environmental study which was being conducted on the Blawn
Mountain property as part of due diligence. The receipt of
the funds related to the JV transaction are now expected to be
received by January 6, 2023. A portion of the funds will be
forwarded directly to The Lind Partners, LLC to close out the
Company’s loan facility.
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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