Stonegate Agricom to Present at the BMO Capital Markets 2011 Farm to Market Conference
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TORONTO, May 16 /CNW/ --
TSX: ST and ST.WT
TORONTO, May 16 /CNW/ - Stonegate Agricom Ltd. ('Company') (TSX: ST)
today announced that President and CEO Mark Ashcroft will be making a
presentation to investors at the BMO Capital Markets 2011 Farm to
Market Conference in New York City on Tuesday May 17, 2011 at 10 a.m.
Eastern.
The presentation will be webcast live and can be accessed through the
following link:
http://audability.com/AudabilityAdmin/Clients/StonegateAgricom/101080_5172011100000AM/
The presentation will also be posted on Stonegate's website at: www.stonegateagricom.com.
The Company has posted a video entitled Phosphate and Stonegate's
Operations on the home page and video page of the website. The video
can be accessed through the following link: http://www.stonegateagricom.com/s/Videos.asp
About Stonegate Agricom
Stonegate Agricom, which is actively engaged in acquiring and developing
agricultural nutrient projects, is currently focused on the development
of two potentially world-class, long-life phosphate deposits, the
Mantaro Phosphate Project located in Peru and the Paris Hills Phosphate
Project located in Idaho. Stonegate is confident that the two deposits
have sufficient size and grade and are in the right locations to become
strategic, cost-effective sources of phosphate supply for major
fertilizer producers. The Company intends to continue definition and
exploration drilling to confirm and expand estimates of NI 43-101
compliant mineral resources in the deposits and then complete
feasibility studies leading to a decision to proceed with extracting
and processing the phosphate. More information is available at www.stonegateagricom.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains 'forward-looking statements' and
'forward-looking information' within the meaning of applicable law.
Generally, forward-looking statements and forward-looking information
can be identified by the use of forward-looking terminology such as
'plans', 'expects' or 'does not expect', 'is expected', 'budget',
'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or
'does not anticipate', 'believes', or variations of such words and
phrases or statements that certain actions, events or results 'may',
'could', 'would', 'might' or 'will be taken', 'occur' or 'be
achieved'. All forward-looking statements and forward-looking
information are based on reasonable assumptions that have been made by
the Company as at the date of such information. Forward-looking
statements and forward-looking information are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by
such forward-looking statements and forward-looking information,
including but not limited to: the general risks associated with the
speculative nature of the Company's business, commodity prices, current
global financial conditions, uncertainty of additional capital, price
volatility, the Mantaro and Paris Hills projects are advanced
exploration stage projects, limited operating history, no history of
earnings, government regulation in the mining industry, environmental
risks and hazards, impending climate change legislation, required
approvals and permits, foreign subsidiaries, political and economic
risk in Peru, risks relating to the retention of the Mantaro project,
risks relating to the retention of the Paris Hills project, expiration
of leases and permits for the Paris Hills Project, title to mineral
properties, obtaining and converting mineral concessions and surface
rights, community relations and project support, water rights,
exploration, development and operating risks, uncertainty in the
estimation of mineral resources, uncertainty of inferred mineral
resources, mineral exploration, reliability of historical exploration
work, absence of public trading market, risks associated with having a
controlling shareholder, arbitrary offering price, dilution to the
common shares, dependence on key personnel, currency fluctuations,
insurance and uninsured risks, competition, legal proceedings,
conflicts of interest and lack of dividends as well as those factors
discussed in the section entitled 'Risk Factors' in the Company's most
recently filed annual information form available at www.sedar.com. Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking statements and forward-looking information, there may
be other factors that cause results not to be as anticipated, estimated
or intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements or information.
Accordingly, readers should not place undue reliance on forward-looking
statements or forward-looking information. The forward-looking
statements and forward-looking information contained in this press
release are included for the purpose of providing investors with
information to assist them in understanding the offering as well as the
Company's expected financial and operational performance and may not be
appropriate for other purposes. Stonegate does not undertake to update
any forward-looking statement or forward-looking information that is
included herein, except in accordance with applicable securities laws.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/May2011/16/c4477.html
Wayne Cheveldayoff Vice President, Investor Relations Stonegate Agricom Ltd. Tel: 416-864-0303 wcheveldayoff@stonegateagricom.com | Christine Stewart Renmark Financial Communications Inc. Tel: 416-644-2020 cstewart@renmarkfinancial.com |