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Corporate changes at MBAC Fertilizer

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World Fertilizer,


Following MBAC Fertilizer Corp.’s annual general meeting, the company reported that all matters submitted to shareholders for approval, as set out in the company's notice of meeting and management information circular, both dated 18 November 2016, were approved by the requisite majority of votes cast at the annual general meeting of shareholders held on 16 December 2016.

This included:

  • The election of each of Messrs. Anthony Cina, Brent de Jong, David Andrew Parsons and Jose Ramos-Horta as directors of the company.
  • The re-appointment of PricewaterhouseCoopers LLP as auditors of the company for the ensuing year at the remuneration to be fixed by the directors.
  • The approval of the company's stock option plan.
  • The change of the company's name to Itafos.

Messrs. Cristiano Melcher, Leonardo Marques da Silva and Antenor Silva did not stand for re-election and the company wishes to thank them for their time, efforts and support during their terms as directors of the company. Melcher will continue to serve as CEO of the company.

Read the article online at: https://www.worldfertilizer.com/nitrogen/21122016/corporate-changes-at-mbac-fertilizer/

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