Pan American Fertilizer Corp. Engages the services of Navigator Capital Partners
"I am pleased the Company is engaging Navigator Capital Partners as Financial Advisors," said Randy Wright, Chairman, President and CEO of the Company. "In today's hectic market and current financial climate, this renewed focus on the financial side of our business will continue to strengthen our market position and provide us with a solid platform for expansion. We look forward to this new working relationship and believe it will be a mutually beneficial and rewarding one."
Navigator Capital Partners ("Navigator"), an exempt market dealer, provides debt and equity financing, mergers and acquisition and advisory services to small and mid-market companies (both public and private). Through their past positions at various international firms, the principals of Navigator have cultivated a network of institutional and high net-worth investors.
Navigator will provide financial advisory services on any major financial transaction the Company undertakes. The Company will pay Navigator a fee upon completion of the first major transaction; recognized within the form of a takeover, merger or acquisition and/or financing which provides the Company with a net proceeds of $1,000,000.00. Upon completion of aforementioned transaction, the Company agrees to pay Navigator $10,000.00 per month plus applicable taxes, in equal installments and subject to the terms of the contract.
"We are very excited to be working with Pan American Fertilizer. The company has excellent potential for long-term growth due to its strong international distribution network. The high demand for agricultural products makes this a promising time for both companies to be establishing themselves in this market."
- Kyle de Jong, Partner (Navigator).
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 sulphate mineral composed of calcium sulphate 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. 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. For more information please look at our website www.PAFertilzer.com
On behalf of the Board of Directors of Pan American Fertilizer Corporation.
"Randy Wright"
Randy Wright, Chairman, President and CEO
FOR MORE INFORMATION, PLEASE CONTACT:
Pan American Fertilizer Corp.
Arwen Reynolds, Corporate Affairs
areynolds@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. Except as required pursuant to applicable securities laws, Pan American will not update these forward looking statements to reflect events or circumstances after the date hereof.