MBAC Fertilizer Corp. reported its Q4 2013 and year-end results. The company successfully advanced its three focal points of production, sales, and liquidity. It produced 21,146 tonnes in 2013 and expects to produce 335-365,000 tonnes in 2014. The company has firm sales of 110,000 tonnes through mid-March 2014. Financially, MBAC reported an adjusted net loss of $17 million for FY2013. However, subsequent events have supported the company's near-term needs, including a potential $40 million working capital facility from IFC and an announced $18 million equity raise. MBAC is also in negotiations to extend its long-term debt repayment by

1. Q4 2013 & YEAR END RESULTS
MARCH 27, 2014
TSX: MBC
WWW.MBACFERT.COM

2. MBAC FERTILIZER CORP.
SAFE HARBOUR
Disclaimer:
The contents are not to be reproduced or distributed to any third party, including the public or press. The information
contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or
completeness. The company is a development stage mineral resource exploration company and many of its mineral
projects have yet to be proven to be economic. Certain information set out herein in relation to the Company’s
advanced projects is based on technical reports that are in compliance with NI 43-101 that are not yet final. The reader
is cautioned that such information is subject to change, although management does not anticipate any material
deviations. The contents of this presentation is for informational purposes only and does not constitute an offer to sell
or a or a solicitation to purchase any securities referred to herein
Forward looking statements
This presentation includes certain forward-looking statements about future events and/or financial results which are
forward looking in nature and subject to risks and uncertainties. Forward-looking statements include without limitation,
statements regarding the company’s plans, goals or objectives and future completion of mine feasibility studies, mine
development programs, capital and operating costs, production, potential mineralization, resources and reserves,
exploration results and future plans and objectives of MBAC. Forward-looking statements can generally be identified by
the use of forward-looking terminology such as "may," will," "expect," "intend," "estimate," "anticipate," "believe," or
"continue" or the negative thereof or variations thereon or similar terminology. There can be no assurance that such
statements will prove to be accurate and actual results and future events could differ materially from those anticipated
in such statements. Important factors that could cause actual results to differ materially from expectations include risks
associated with mining generally and pre-development stage projects in particular. Potential investors should conduct
their own investigations as to the suitability of investing in securities of MBAC Fertilizer Corp.
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3. MBAC FERTILIZER CORP.
ON TODAY’S CALL
3
Peter Marrone
Chairman of Board
Cristiano Melcher
President & Chief Executive Officer
Rodrigo Pinto
Chief Financial Officer
Introduction
Operations Overview
Production and sales
Financial Overview
Results & Financial Initiatives

4. MBAC FERTILIZER CORP.
 This is a changed Company
 Successfully advanced the three
focal points:
 Production
 Sales
 Liquidity
 Company in much better shape
INTRODUCTION
4
FINISHED PRODUCT

5. MBAC FERTILIZER CORP.
OPERATIONS UPDATE

6. MBAC FERTILIZER CORP.
Sulphur Yard
Sulphuric Acid
Plant
Fertilizer Plant Beneficiation
Plant
Phosphate Yard
OPERATIONS UPDATE
6

7. MBAC FERTILIZER CORP.
ITAFÓS OPERATIONS
7
 Production at the beneficiation
plant for the year is in line with the
budget and continues to ramp up
confirming robustness of process
 The Sulphuric acid plant is
providing all required product for
acidulation as well as excess
sulphuric acid which is being sold
into the market
 The acidulation plant has
demonstrated ability to hit targeted
volumes
 The granulation plant production
has been controlled according to
the working capital availability
Beneficiation Plant

8. MBAC FERTILIZER CORP.
SALES UPDATE
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 Delivered 21,146 tonnes in
2013
 Expect to deliver 335-365
ktonnes in 2014
 Have firm sales of 110,000
tonnes through mid -March
 2014 SSP prices expected
to be consistent with 2013
PRODUCT DELIVERY

9. FINANCIAL HIGHLIGHTS

10. MBAC FERTILIZER CORP.
FY2013 FINANCIAL STATEMENTS
101010
 Adjusted net loss of US$17
million or US$0.12 basic and
diluted adjusted loss per share
 Debt reclassification to short-
term due to IFRS accounting
rules (different results under
previous Canadian GAAP and
current US GAAP)
 Going concern consequence
of the reclassification
 Subsequent events supported
the Company’s needs such as
prepayment of receivables,
new short-term working capital
facilities and extension of
existing working capital loans

11. MBAC FERTILIZER CORP.
NEAR TERM FUNDING AND LT DEBT
REPROFILE
111111
 Strong support from our financial
partners
 Near term needs of the Company
 Re-profiling of LT debt
 Near-term funding
 Received a LOI from IFC for a
working capital facility of up to
$40 million
 Announced an equity raise of
C$ 18 million
 Long-term solution:
 Well advanced negotiations with
our lenders
 we are highly confident that a
debt repayment extension of 18
– 30 months will be executed
 This extension will reduce the
cash outflows of the Company
 $13 million in 2014
 $46 million in 2015

12. MBAC FERTILIZER CORP.
QUESTIONS?