MBAC

1. Q2 2014 UPDATE AND RESULTS
AUGUST 13, 2014
TSX: MBC
WWW.MBACFERT.COM

2. 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.
MBAC FERTILIZER CORP.
2

3. ON TODAY’S CALL
MBAC FERTILIZER CORP.
3
Cristiano Melcher Operations Overview
President & Chief Executive Officer Production and Sales
Rodrigo Pinto Financial Overview
Chief Financial Officer Results & Financial Initiatives

4. UPDATE ON ACTION PLAN
1. Put the Balance Sheet on Solid Footing
2. Optimize the Ramp-up
3. Operational Excellence
4. Position MBAC as a Supplier of Choice
5. Position MBAC for Future Growth
MBAC FERTILIZER CORP.
4
PROGRESS ON MULTIPLE LEVELS

5. MARKET FUNDAMENTALS
MBAC FERTILIZER CORP.
35
30
25
20
15
10
5
1000.0
900.0
800.0
700.0
600.0
500.0
400.0
300.0
200.0
100.0
0.0
2013 2014E
Thousand Tonnes
SSP Imports in Brazil
5
 Brazil continues to enjoy a very
strong agricultural market
 ANDA is forecasting yet another
record year in fertilizer
consumption
 SSP imports expected to
decrease to more normal levels
leading to reduced competition in
target region
 SSP prices increased over the
first quarter
0
2009 2010 2011 2012 2013 2014E
Million Tonnes
Fertilizer Consumption in Brazil
5 Year Average

6. Q2 SALES & PRODUCTION
MBAC FERTILIZER CORP.
6
 Launched sales of 1-ton
“big bags”
 Purchase commitments
for 139,000t of SSP
 Product quality is high
 Demand is strong
 Itafós SSP Production
13,608t
42,521t
45000
40000
35000
30000
25000
20000
15000
10000
5000
0
Q1 Q2
 Q2 represents record
production
 Total impacted by working
capital constraints

7. MBAC FERTILIZER CORP.
FINANCIAL OVERVIEW

8. Q2 FINANCIAL HIGHLIGHTS
MBAC FERTILIZER CORP.
8
Income Statement
 Operations at pre-commercial
stage
 Pre-commercial revenues of
US$7.0mm
 SG&A expenses decreased
by US$0.6mm over Q2 2013
 Net loss of US$7.0mm or
US$0.04 per share
Balance Sheet
 Raise of C$19.2mm
 Proceeds of US$6.7mm on
CELTINS securitization
 Strengthening underway
subsequent to Q2 2014

9. LIQUIDITY UPDATE – INITIATIVES
MBAC FERTILIZER CORP.
9
New working capital facility:
Proposal for debt extension:
 Advanced stage of negotiation
 Agreement on terms finalized
 Customary closing conditions
Short-term Benefits
 Final approval obtained for new
working capital facility of
US$18.2mm
Long-term Benefits
 Deferral of senior debt
payments
 Extension of maturities
PAVE WAY FOR ACCELERATED RAMP UP &
COMMERCIAL PRODUCTION

10. MBAC FERTILIZER CORP.
QUESTIONS?