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HOUSTON, June 12, 2024 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Firm”) pronounces at the moment that it has entered into an settlement (“Settlement”) with IR Labs Inc. (“irlabs”) to offer the Firm with investor relations and communication providers.
“We’re happy to companion with irlabs as we proceed to develop our attain and strengthen our communication with the funding neighborhood,” mentioned Matt O’Neill, Government Vice President and Chief Monetary Officer. By leveraging irlabs’ experience and strategic insights, we intention to reinforce visibility and drive long-term worth for our shareholders.”
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“We’re delighted to assist Itafos in enhancing its visibility and engagement with buyers,” mentioned Alyssa Barry, Co-Founder and Principal at irlabs. “Itafos has a compelling story, and we stay up for supporting the Firm in reaching its long-term imaginative and prescient and strategic objectives.”
Pursuant to the settlement with irlabs dated Might 1, 2024, irlabs has agreed to offer investor relations and communications providers to the Firm in trade for a month-to-month charge of CAD$15,000. The providers embrace growing and managing an investor relations and communications program together with public relations and media, capital markets advisory and stakeholder relations. The time period of the settlement is for a interval of eight months, ending December 31, 2024, topic to extension by mutual settlement. The Firm is at arm’s size from irlabs, and compensation payable to irlabs doesn’t embrace any securities within the Firm nor does irlabs at the moment personal, instantly or not directly, any securities within the Firm or any proper or intent to accumulate any securities within the Firm. irlabs contact info: Alyssa Barry, Principal and Co-Founder, 400-22 E fifth Ave., Vancouver, BC, V5T 1G8, alyssa@irlabs.ca, 1-833-947-5227. The settlement stays topic to acceptance by the TSX Enterprise Trade.
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About Itafos
Itafos Inc operates as a vertically built-in phosphate fertilizer and specialty merchandise firm. It operates via Itafos Conda, Itafos Arraias, Improvement and Exploration, and Company segments. The corporate produces and sells mono ammonium phosphate (MAP), tremendous phosphoric acid (SPA), service provider grade phosphoric acid (MGA), single superphosphate (SSP), and specialty merchandise, together with ammonium polyphosphate (APP). It owns, develops, and operates numerous initiatives, together with Itafos Conda; Itafos Arraias; Itafos Paris Hills; Itafos Farim; Itafos Santana; Itafos Araxa; and Itafos Mantaro.
As at December 31, 2023 the Firm has accomplished the wind down strategy of the Mantaro mine undertaking (situated in Junin, Peru).
The Firm is a Delaware company that’s headquartered in Houston, TX. The Firm’s shares commerce on the TSX Enterprise Trade (“TSX-V”) underneath the ticker image “IFOS”. The Firm’s principal shareholder is CL Fertilizers Holding LLC (“CLF”). CLF is an affiliate of Castlelake, L.P., a worldwide non-public funding agency.
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For extra info, or to hitch the Firm’s mailing record to obtain notification of future information releases, please go to the Firm’s web site at www.itafos.com.
About irlabs
irlabs is a contemporary investor relations agency that applies progressive methods to create visibility, drive investor engagement and make an affect. Trade and sector agnostic, irlabs helps each non-public and public firms with their investor relations applications, company communications and ESG initiatives. For extra info, go to www.irlabs.ca.
For Extra Info Contact:
Matthew O’Neill
Government Vice President & Chief Monetary Officer
investor@itafos.com
713-242-8446
For Media and Investor Relations:
irlabs
Alyssa Barry
Principal and Co-Founder
1-833-947-5227
alyssa@irlabs.ca
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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