Itafos Inc. Retains irlabs for Investor Relations Services
12 Juni 2024 - 11:58PM
Itafos Inc. (TSX-V: IFOS) (the “Company”) announces today that it
has entered into an agreement ("Agreement") with IR Labs Inc.
("irlabs") to provide the Company with investor relations and
communication services.
“We are pleased to partner with irlabs as we
continue to expand our reach and strengthen our communication with
the investment community,” said Matt O’Neill, Executive Vice
President and Chief Financial Officer. By leveraging irlabs’
expertise and strategic insights, we aim to enhance visibility and
drive long-term value for our shareholders.”
"We're delighted to support Itafos in enhancing
its visibility and engagement with investors," said Alyssa Barry,
Co-Founder and Principal at irlabs. "Itafos has a compelling story,
and we look forward to supporting the Company in achieving its
long-term vision and strategic goals."
Pursuant to the agreement with irlabs dated May
1, 2024, irlabs has agreed to provide investor relations and
communications services to the Company in exchange for a monthly
fee of CAD$15,000. The services include developing and managing an
investor relations and communications program including public
relations and media, capital markets advisory and stakeholder
relations. The term of the agreement is for a period of eight
months, ending December 31, 2024, subject to extension by mutual
agreement. The Company is at arm's length from irlabs, and
compensation payable to irlabs does not include any securities in
the Company nor does irlabs currently own, directly or indirectly,
any securities in the Company or any right or intent to acquire any
securities in the Company. irlabs contact information: Alyssa
Barry, Principal and Co-Founder, 400-22 E 5th Ave., Vancouver, BC,
V5T 1G8, alyssa@irlabs.ca, 1-833-947-5227. The agreement remains
subject to acceptance by the TSX Venture Exchange.
About Itafos
Itafos Inc operates as a vertically integrated
phosphate fertilizer and specialty products company. It operates
through Itafos Conda, Itafos Arraias, Development and Exploration,
and Corporate segments. The company produces and sells mono
ammonium phosphate (MAP), super phosphoric acid (SPA), merchant
grade phosphoric acid (MGA), single superphosphate (SSP), and
specialty products, including ammonium polyphosphate (APP). It
owns, develops, and operates various projects, including Itafos
Conda; Itafos Arraias; Itafos Paris Hills; Itafos Farim; Itafos
Santana; Itafos Araxa; and Itafos Mantaro.
As at December 31, 2023 the Company has
completed the wind down process of the Mantaro mine project
(located in Junin, Peru).
The Company is a Delaware corporation that is
headquartered in Houston, TX. The Company’s shares trade on the TSX
Venture Exchange (“TSX-V”) under the ticker symbol “IFOS”. The
Company’s principal shareholder is CL Fertilizers Holding LLC
(“CLF”). CLF is an affiliate of Castlelake, L.P., a global private
investment firm.
For more information, or to join the Company’s
mailing list to receive notification of future news releases,
please visit the Company’s website at www.itafos.com.
About irlabs
irlabs is a modern investor relations firm that
applies innovative strategies to create visibility, drive investor
engagement and make an impact. Industry and sector agnostic, irlabs
supports both private and public companies with their investor
relations programs, corporate communications and ESG initiatives.
For more information, visit www.irlabs.ca.
For Additional Information
Contact: Matthew O’NeillExecutive Vice President &
Chief Financial Officerinvestor@itafos.com713-242-8446
For Media and Investor
Relations:irlabsAlyssa BarryPrincipal and
Co-Founder1-833-947-5227alyssa@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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