reports
SOPERIOR FERTILIZER ANNOUNCES CHANGE OF DIRECTORS
SOPERIOR FERTILIZER ANNOUNCES CHANGE OF DIRECTORS Toronto, ON, Canada, Jan. 07, 2025 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). The Company announces that Arthur J. Roth has resigned from the Board of Directors (the “Board”) for personal reasons. Mr. Roth has served as director since July 2017 and during that time has provided invaluable insight and guidance in the agribusiness, fertilizer, and selected non-metallic minerals sectors. The Board would like to thank Mr. Roth for his long-standing service. The Company is pleased to announce the appoi...
SOPERIOR FERTILIZER PROVIDES UPDATE ON LEASE RENEWAL
SOPERIOR FERTILIZER PROVIDES UPDATE ON LEASE RENEWAL Toronto, ON, Canada, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). The Company is providing an update with respect to its Other Business Arrangement (“OBA”) renewal of the Blawn Mountain mineral leases which was previously disclosed in its press release of June 14, 2024. Due to various inquiries regarding the leases, SITLA posted a Request for Proposals for the Blawn Mountain Leases with a September 1, 2024 deadline for submissions. The Company is deeply disappointed to announce tha...
SOPERIOR FERTILIZER PROVIDES UPDATE ON LEASE RENEWAL
SOPERIOR FERTILIZER PROVIDES UPDATE ON LEASE RENEWAL Toronto, ON, Canada, June 14, 2024 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). The Company is providing an update with respect to its Other Business Arrangement (“OBA”) renewal of the Blawn Mountain mineral leases which was previously disclosed in its press release of March 22, 2024. The Company in conjunction with its proposed JV counterparty is engaged in ongoing dialogue with Utah School and Institutional Trust Lands Administration (“SITLA”) regarding the renewal. Due to various inquiries rega...
SOPERIOR FERTILIZER PREPARING OBA SUBMISSION
SOPERIOR FERTILIZER PREPARING OBA SUBMISSION Toronto, ON, Canada, March 22, 2024 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). The Company informs that its existing 10-year Other Business Arrangement (“OBA”) with the School and Institutional Trust Lands Administration (“SITLA”) for the Blawn Mountain mineral leases expires on April 1, 2024. SOP is engaged with the regulator and working on its submission for a renewed OBA. SOP’s submission will be supported by the planning and numerous studies undertaken, including environmental and plant location stud...
SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT
SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT Toronto, ON, Canada, March 01, 2024 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). Further to its press releases on June 30, 2023, July 11, 2023 and August 29, 2023 announcing that the Company received a default notice on its outstanding loan, the Company advises that discussions and negotiations are still on-going between the lender and Argos Investment Partners, the proposed JV party. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the ...
SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT
SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT Toronto, ON, Canada, Aug. 30, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). Further to its press releases on June 30, 2023 and July 11, 2023 announcing that the Company received a default notice on its outstanding loan, the Company advises that discussions and negotiations are still on-going between the lender and Argos Investment Partners, the proposed JV party. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchan...
SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT
SOPERIOR FERTILIZER PROVIDES UPDATE ON NOTICE OF DEFAULT Toronto, ON, Canada, July 11, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). On June 29, 2023 the Company received a notice of default from Lind Asset Management VII, LLC, a fund managed by The Lind Partners, LLC (collectively, “Lind”) with respect to its Convertible Security Funding Agreement dated December 16, 2016, as amended (the “CSFA”). Lind’s default notice is requesting that the Company pay the principal and interest due and outstanding under the CSFA. Although the Company’s propose...
SOPERIOR FERTILIZER RECEIVES NOTICE OF DEFAULT FROM LIND
SOPERIOR FERTILIZER RECEIVES NOTICE OF DEFAULT FROM LIND Toronto, ON, Canada, June 30, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company” or “SOP”) (NEX:SOP.H). The Company announces that on June 29, 2023 it received a notice of default from Lind Asset Management VII, LLC, a fund managed by The Lind Partners, LLC (collectively, “Lind”) with respect to its Convertible Security Funding Agreement dated December 16, 2016, as amended (the “CSFA”). Lind’s default notice is requesting that the Company pay the principal and interest due and outstanding under the CSFA. The Compan...
SOPERIOR FERTILIZER GRANTS OPTIONS
SOPERIOR FERTILIZER GRANTS OPTIONS Toronto, ON, Canada, March 22, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H) announces that subject to regulatory approval, it has granted 7,700,000 options (“Options”) to Directors and Officers in accordance with the Company’s stock option plan. These Options, which vest immediately, have an exercise price of $0.05 each and a 10-year term. On Behalf of the Board of Directors SOPERIOR FERTILIZER CORP. “Andrew Squires” CEO and Director Contact InformationPhone: (403)-850-0422E-mail inquiries: FORWARD LOOKING STATEM...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, March 03, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). Further to its January 9, 2023 press release, SOP announces that it was misinformed by the Blawn Mountain JV counterparty regarding the timing of the full payment of SOP’s debt facility with its secured lender. The secured lender and the JV counterparty are currently finalizing a revised payout schedule with a near term closure date. The JV counterparty has also agreed to pay an additional $100,000 USD extension payment to SOP to compensat...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). SOP has been informed by the Blawn Mountain JV counterparty that the portion of the JV proceeds to be used to close out the Company’s debt facility (approx. $1.7MM USD) with The Lind Partners, LLC (“Lind”) was wired directly to Lind. SOP is in the process of obtaining confirmation from Lind that the funds have been received and closing documents executed. The Company can then confirm the amount to be received for the final JV payment which wil...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada, Jan. 03, 2023 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). SOP was informed on December 30th, 2022 of a short delay in the JV transaction payment schedule (see press release December 19, 2022). The delay was related to the timing of the receipt of a Phase 1 environmental study which was being conducted on the Blawn Mountain property as part of due diligence. The receipt of the funds related to the JV transaction are now expected to be received by January 6, 2023. A portion of the funds will...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada, Dec. 19, 2022 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). Further to its press release on November 21, 2022, the Company is announcing an update to the expected timing of payments from a counterparty related to a JV Agreement (“JV”) for the development of its Blawn Mountain alunite asset. The counterparty has indicated that full payment and JV closing will occur prior to December 31, 2022. The terms and conditions of the JV Agreement are unchanged from those outlined in the August 24, 2020 pr...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada , Nov. 21, 2022 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). Further to its press release on November 2, 2022, the Company is announcing another change to the expected timing of payments from a counterparty related to a JV Agreement (“JV”) for the development of its Blawn Mountain alunite asset. The counterparty has proposed a revised funding schedule which now provides for the full payment and JV closing by December 16th, 2022. The terms and conditions of the JV Agreement are unchanged from th...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada, Nov. 02, 2022 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). Further to its press release on August 31, 2022, the Company is announcing a change to the expected timing of payments from a counterparty related to a JV Agreement (“JV”) for the development of its Blawn Mountain alunite asset. The counterparty has proposed a revised funding schedule which provides for a USD$2,000,000 payment by November 18th, 2022 with the final payment and JV closing by December 16th, 2022. The terms and conditions ...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada, Aug. 31, 2022 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). Further to its press release on March 28th, 2022, wherein the Company announced it had entered into an Exclusivity Agreement with a counterparty with respect to a JV Agreement (“JV”) for the development of its Blawn Mountain alunite asset, the counterparty has funded an additional USD $250,000. Of this balance, USD$35,000 was paid to extend the Exclusivity Agreement beyond the initial term which expired on June 30, 2022. The remaining ...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada, March 28, 2022 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX: SOP.H). Further to its press release on Dec 5th, 2021, wherein the Company announced it had entered into an Exclusivity Agreement with a counterparty with respect to a JV Agreement (“JV”) for the development of its Blawn Mountain alunite asset, the counterparty has to-date paid USD $380,000 in non-refundable exclusivity payments to secure the JV transaction until the closing date which must occur before the end of Q2, 2022. If the JV is not ...
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE
SOPERIOR FERTILIZER PROVIDES CORPORATE UPDATE Toronto, ON, Canada , Dec. 06, 2021 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (the “Company”) (NEX:SOP.H). Further to its press release on July 6, 2021, the Company announces that it has entered into an Exclusivity Agreement with a counterparty with respect to a JV Agreement (“JV”) for the development of its Blawn Mountain alunite asset. The counterparty has agreed to provide a USD$200,000 exclusivity payment to secure the JV transaction until the closing date which is anticipated to occur by mid-January 2022 or earlier. If required, the ...
Valleyfield Terminates Supply Agreement With Jones Hamilton
Valleyfield Terminates Supply Agreement With Jones Hamilton TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (“SOP” or the “Company”) is pleased to announce that its wholly owned subsidiary, Valleyfield Fertilizer Corporation (“VFC”) has entered into a Settlement Agreement with Jones-Hamilton Co. (“JH”) to terminate the Supply Agreement of March 2017 and discharge in full any and all liabilities and obligations between the parties under the Supply Agreement. The Supply Agreement was entered into in connection with a sulphate of potash production facility to be ...
SOPerior Closes Private Placement
SOPerior Closes Private Placement TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- SOPerior Fertilizer Corp. (“SOP” or the “Company”) (NEX: SOP.H) is pleased to announce that it has closed a non-brokered private placement described in its press release on September 10, 2021. The Company issued 11,248,260 units at $0.025 per unit for gross proceeds of $281,207. Each Unit is comprised of one common share of the Company and one Share purchase warrant (a “Warrant”), with each Warrant being exercisable to acquire one common share at a price of $0.05 per share for a period of 12 months from the dat...
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