SlideShare a Scribd company logo
1 of 2
Download to read offline
CANADA
                                                                                      601-570 Granville St. Vancouver,
                                                                                               B.C. Canada V6C 3P1
                                                                                                  Tel: +1-604-638-3480
                                                                                                 Fax: +1-604-638-3479

                                                                                                          ARGENTINA
                                                                                              Av. del Libertador 2442,
                                                                                            Piso 4° (B1636DSR) Olivos,
                                                                                                         Buenos Aires,
                                                                                                 República Argentina
                                                                                                Tel: +54-11-4711-8253
                                                                                               Fax: +54-11-4711-8201

                                                                                          Email: info@PAFertilizer.com
                                                                                           Web: www.PAFertilizer.com




Pan American Fertilizer (CNSX: PAF) Closes 48,000 Tonne Purchase Order for the previously
                             announced LOI with Paraguay

VANCOUVER, BRITISH COLUMBIA, November 16th, 2012 – Pan American Fertilizer Corp., (CNSX: PAF) (“Pan
American” or the “Company”) is pleased to announce that it has confirmed a binding purchase order for
48,000 tonnes of calcium sulphate with Agro Industrial Campos Nuevos (“Agro Industrial”)as per the terms of
our previously announced ( October 17th, 2012) non-binding letter of intent (the “LOI”). Under the terms of the
purchase order, Pan American will sell Agro Industrial 48,000 tonnes of calcium sulphate (agricultural gypsum)
at an agreed sales price of US$97.81 per tonne.

 “This confirmed purchase order not only represents our first large international sale to date, it also
demonstrates our ability to deliver a high quality product, in a timely manner, to a sizable international entity
in Agro Industrial. This is an extremely important milestone for Pan American, and one that we are very
pleased to announce” reported Randy Wright, President and CEO of Pan American.

Termination of Merger Agreement with Pacific Potash

The Company also announces that the arrangement agreement with Pacific Potash Corporation (“Pacific
Potash”), dated September 18, 2012, has been terminated by mutual agreement of the parties. Under the
terms of the arrangement agreement, Pacific Potash was to amalgamate with a wholly owned subsidiary of
the Company pursuant to a statutory plan of arrangement under the Business Corporations Act (British
Columbia) and become a wholly-owned subsidiary of Pan American (see press releases dated August 14,
2012 and September 21, 2012). No break fees will be paid as a result of the termination and each party will
pay its respective expenses incurred in connection with the proposed business combination.

About Pan American Fertilizer Corp.

Pan American is a Canadian company dedicated to providing fertilizer to growing global markets
specifically in South and Central America. The company is focused on the extraction of a specific type of
fertilizer called calcium sulphate (also referred to as “Agricultural Gypsum”) currently in Argentina. To ensure
long term development and increase shareholder value, Pan American currently plans to significantly
expand its current operational objectives while expanding its asset base by acquiring additional calcium
sulphate and other fertilizer related assets and by expanding its markets to neighbouring countries with
Argentina.

When used as a fertilizer and as a soil remediator, calcium sulphate is a soft sulfate mineral composed of
calcium sulfate dihydrate which is extremely rich in sulphur and calcium. When dissolved in water, the
mineral becomes calcium and sulphate sulphur ions, both of which are required nutrients for plants.
Pan American Fertilizer Corporation


Calcium sulphate plays a vital role in establishing and maintaining good chemical balance in soil, water
and plants, specifically with healthy root development. Ultimately, calcium sulphate increases overall crop
quality and yields. www.PAFertilzer.com

On behalf of the board of directors of Pan American Fertilizer Corp.


“Randy Wright”

Randy Wright
President and CEO


FOR MORE INFORMATION, PLEASE CONTACT:

Jeff French
Investor Relations
jfrench@pafertilizer.com
(604)638-3480

The CNSX does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements
Statements contained in this news release that are not historical facts constitute “forward-looking statements” or “forward-looking information” within the
meaning of applicable securities laws and are based on expectations, estimates and projections as of the date of this release. The words “is expected” or
“estimates” or variations of such words and phrases or statements that certain actions, events or results “may” or “could” occur and similar expressions
identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while
considered reasonable by Pan American as of the date of such statements, are inherently subject to significant business, economic and competitive
uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking
statements. Many of these factors can affect Pan American’s actual results and could cause actual results to differ materially from those expressed or
implied in any forward looking statements made by, or on behalf of, Pan American. There can be no assurance that forward-looking statements will prove
to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are
provided for the purpose of providing information about management’s expectations and plans relating to the future.




                                                                                                                                           Page 2 of 2

More Related Content

More from Viral Network Inc

IntelGenx Corporate Presentation
IntelGenx Corporate PresentationIntelGenx Corporate Presentation
IntelGenx Corporate PresentationViral Network Inc
 
Calyx News Release April 9/14
Calyx News Release April 9/14Calyx News Release April 9/14
Calyx News Release April 9/14Viral Network Inc
 
Theralase Corporate Presentation
Theralase Corporate PresentationTheralase Corporate Presentation
Theralase Corporate PresentationViral Network Inc
 
Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...
Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...
Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...Viral Network Inc
 
Highbank Resources August Corporate Presentation
Highbank Resources August Corporate PresentationHighbank Resources August Corporate Presentation
Highbank Resources August Corporate PresentationViral Network Inc
 
Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...
Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...
Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...Viral Network Inc
 
Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel Specifica...
Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel  Specifica...Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel  Specifica...
Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel Specifica...Viral Network Inc
 
TNR Gold Investor Presentation
TNR Gold Investor PresentationTNR Gold Investor Presentation
TNR Gold Investor PresentationViral Network Inc
 
Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...
Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...
Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...Viral Network Inc
 
Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...
Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...
Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...Viral Network Inc
 
Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...
Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...
Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...Viral Network Inc
 
Golden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver Project
Golden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver ProjectGolden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver Project
Golden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver ProjectViral Network Inc
 
Highbank Resources - August 2013 Corporate Presentation
Highbank Resources - August 2013 Corporate PresentationHighbank Resources - August 2013 Corporate Presentation
Highbank Resources - August 2013 Corporate PresentationViral Network Inc
 
IntelGenx Corporate Presentation
IntelGenx Corporate PresentationIntelGenx Corporate Presentation
IntelGenx Corporate PresentationViral Network Inc
 
Sierra Metals announces first proven and probable ore reserves at the Bolivar...
Sierra Metals announces first proven and probable ore reserves at the Bolivar...Sierra Metals announces first proven and probable ore reserves at the Bolivar...
Sierra Metals announces first proven and probable ore reserves at the Bolivar...Viral Network Inc
 

More from Viral Network Inc (20)

IntelGenx Corporate Presentation
IntelGenx Corporate PresentationIntelGenx Corporate Presentation
IntelGenx Corporate Presentation
 
Calyx News Release April 9/14
Calyx News Release April 9/14Calyx News Release April 9/14
Calyx News Release April 9/14
 
Theralase Corporate Presentation
Theralase Corporate PresentationTheralase Corporate Presentation
Theralase Corporate Presentation
 
PTP Feb. 2014 Factsheet
PTP Feb. 2014 FactsheetPTP Feb. 2014 Factsheet
PTP Feb. 2014 Factsheet
 
SponsorsOne Investor Deck
SponsorsOne Investor DeckSponsorsOne Investor Deck
SponsorsOne Investor Deck
 
Altima Resources - 2 Pager
Altima Resources - 2 PagerAltima Resources - 2 Pager
Altima Resources - 2 Pager
 
PTP News - Nov. 14
PTP News - Nov. 14PTP News - Nov. 14
PTP News - Nov. 14
 
Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...
Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...
Petrichor Energy - Petrichor Closes First Tranche Convertible Debenture Finan...
 
Highbank Resources August Corporate Presentation
Highbank Resources August Corporate PresentationHighbank Resources August Corporate Presentation
Highbank Resources August Corporate Presentation
 
Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...
Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...
Highbank Resources - Highbank Receives Comments on Notice of Work (NoW) Permi...
 
Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel Specifica...
Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel  Specifica...Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel  Specifica...
Scientific Study Reveals ReadiDiesel® Meets Petroleum-Based Diesel Specifica...
 
TNR Gold Investor Presentation
TNR Gold Investor PresentationTNR Gold Investor Presentation
TNR Gold Investor Presentation
 
Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...
Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...
Full Analyst Report: IntelGenx Tech. Rating: Buy. IntelGenx Looking Towards A...
 
Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...
Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...
Calyx Announces Commercial Launch of Higher Yielding Variety of Resonance(R) ...
 
Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...
Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...
Red Eagle Mining - Salman Partners "Accelerating Development at San Ramon-Pot...
 
Golden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver Project
Golden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver ProjectGolden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver Project
Golden Arrow Resources: Golden Arrow Triples Size of Chinchillas Silver Project
 
Highbank Resources - August 2013 Corporate Presentation
Highbank Resources - August 2013 Corporate PresentationHighbank Resources - August 2013 Corporate Presentation
Highbank Resources - August 2013 Corporate Presentation
 
Sierra Metals Fact Sheet
Sierra Metals Fact SheetSierra Metals Fact Sheet
Sierra Metals Fact Sheet
 
IntelGenx Corporate Presentation
IntelGenx Corporate PresentationIntelGenx Corporate Presentation
IntelGenx Corporate Presentation
 
Sierra Metals announces first proven and probable ore reserves at the Bolivar...
Sierra Metals announces first proven and probable ore reserves at the Bolivar...Sierra Metals announces first proven and probable ore reserves at the Bolivar...
Sierra Metals announces first proven and probable ore reserves at the Bolivar...
 

Pan American Fertilizer (CNSX: PAF) Closes 48,000 Tonne Purchase Order for the previously announced LOI with Paraguay

  • 1. CANADA 601-570 Granville St. Vancouver, B.C. Canada V6C 3P1 Tel: +1-604-638-3480 Fax: +1-604-638-3479 ARGENTINA Av. del Libertador 2442, Piso 4° (B1636DSR) Olivos, Buenos Aires, República Argentina Tel: +54-11-4711-8253 Fax: +54-11-4711-8201 Email: info@PAFertilizer.com Web: www.PAFertilizer.com Pan American Fertilizer (CNSX: PAF) Closes 48,000 Tonne Purchase Order for the previously announced LOI with Paraguay VANCOUVER, BRITISH COLUMBIA, November 16th, 2012 – Pan American Fertilizer Corp., (CNSX: PAF) (“Pan American” or the “Company”) is pleased to announce that it has confirmed a binding purchase order for 48,000 tonnes of calcium sulphate with Agro Industrial Campos Nuevos (“Agro Industrial”)as per the terms of our previously announced ( October 17th, 2012) non-binding letter of intent (the “LOI”). Under the terms of the purchase order, Pan American will sell Agro Industrial 48,000 tonnes of calcium sulphate (agricultural gypsum) at an agreed sales price of US$97.81 per tonne. “This confirmed purchase order not only represents our first large international sale to date, it also demonstrates our ability to deliver a high quality product, in a timely manner, to a sizable international entity in Agro Industrial. This is an extremely important milestone for Pan American, and one that we are very pleased to announce” reported Randy Wright, President and CEO of Pan American. Termination of Merger Agreement with Pacific Potash The Company also announces that the arrangement agreement with Pacific Potash Corporation (“Pacific Potash”), dated September 18, 2012, has been terminated by mutual agreement of the parties. Under the terms of the arrangement agreement, Pacific Potash was to amalgamate with a wholly owned subsidiary of the Company pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia) and become a wholly-owned subsidiary of Pan American (see press releases dated August 14, 2012 and September 21, 2012). No break fees will be paid as a result of the termination and each party will pay its respective expenses incurred in connection with the proposed business combination. About Pan American Fertilizer Corp. Pan American is a Canadian company dedicated to providing fertilizer to growing global markets specifically in South and Central America. The company is focused on the extraction of a specific type of fertilizer called calcium sulphate (also referred to as “Agricultural Gypsum”) currently in Argentina. To ensure long term development and increase shareholder value, Pan American currently plans to significantly expand its current operational objectives while expanding its asset base by acquiring additional calcium sulphate and other fertilizer related assets and by expanding its markets to neighbouring countries with Argentina. When used as a fertilizer and as a soil remediator, calcium sulphate is a soft sulfate mineral composed of calcium sulfate dihydrate which is extremely rich in sulphur and calcium. When dissolved in water, the mineral becomes calcium and sulphate sulphur ions, both of which are required nutrients for plants.
  • 2. Pan American Fertilizer Corporation Calcium sulphate plays a vital role in establishing and maintaining good chemical balance in soil, water and plants, specifically with healthy root development. Ultimately, calcium sulphate increases overall crop quality and yields. www.PAFertilzer.com On behalf of the board of directors of Pan American Fertilizer Corp. “Randy Wright” Randy Wright President and CEO FOR MORE INFORMATION, PLEASE CONTACT: Jeff French Investor Relations jfrench@pafertilizer.com (604)638-3480 The CNSX does not accept responsibility for the adequacy or accuracy of this release. Forward Looking Statements Statements contained in this news release that are not historical facts constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws and are based on expectations, estimates and projections as of the date of this release. The words “is expected” or “estimates” or variations of such words and phrases or statements that certain actions, events or results “may” or “could” occur and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Pan American as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Many of these factors can affect Pan American’s actual results and could cause actual results to differ materially from those expressed or implied in any forward looking statements made by, or on behalf of, Pan American. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. Page 2 of 2