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 be forwarded directly to The Lind Partners, LLC to close out the Company’s loan facility.
On Behalf of the Board of Directors
SOPERIOR FERTILIZER CORP.
“Andrew Squires”
CEO and Director
Contact Information
E-mail inquiries: info@SOPeriorfertilizer.com
www.SOPeriorfertilizer.com
FORWARD LOOKING STATEMENTS: This news release con
tains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).
