VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/10/15 -- DuSolo Fertilizers Inc. (TSX VENTURE: DSF)(OTC PINK: ELGSF)(FRANKFURT: E6R) ("DuSolo" or "the Company") is pleased to announce that it has partnered with AGORACOM for a one year online marketing and awareness program (the "Agreement").
"DuSolo is going through a period of significant growth, as we increase our production capacity and enter into additional sales contracts. Partnering with AGORACOM will give us an opportunity to communicate our successes to a broad audience," said Eran Friedlander, President and CEO of DuSolo.
The Company expects to receive significant exposure through AGORACOM's network, which includes search engine marketing and other media and digital channels.
Pursuant to the terms of the Agreement, DuSolo has the option to issue either cash or shares for services to AGORACOM, in exchange for their online advertising, marketing and branding services ("Advertising Services"). As consideration for the Advertising Services, the Company is obliged to issue cash or shares totaling $50,000 plus HST in four equal payments of $12,500 plus HST on each of the following dates: by September 10, 2015, December 10, 2015, March 10, 2016 and June 10, 2016.
Should the Company decide to issue shares as consideration, the number of shares issued will be calculated at an issue price equal to the greater of the share price as at the effective date of the Agreement and the share price as at the date of the particular share issuance.
DuSolo Fertilizers Inc. is focused on developing a fully integrated process to produce phosphate based fertilizers within the Cerrado region of Brazil as part of a nationwide effort, incentivized by the government, to increase supply of domestically sourced fertilizers and achieve agricultural self sufficiency.
The Company's shares are publicly traded on the TSX Venture Exchange under the symbol DSF, on the OTC Pink Sheets under the symbol ELGSF and on Frankfurt Stock Exchange under the symbol E6R.
On behalf of the Board of Directors, DuSolo Fertilizers Inc.
Eran Friedlander, President and CEO
AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. More than just lip service, AGORACOM is the home of more than 873K investors that visited 6.1 million times and read 57 million pages of information every year (Average 2008 - 2013).
AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.
AGORACOM Founder, George Tsiolis, publishes the leading blog on small to mid cap investor relations. His 50 Small-Cap CEO Lessons are a must read for CEO's looking to increase their education and knowledge about online investor relations.
Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements 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", or "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", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
The Company is not basing its decision to begin production of DANF on a feasibility study of mineral reserves demonstrating economic and technical viability. Without a technical report demonstrating economic and technical viability, there is increased uncertainty as to whether DuSolo will be able to economically produce DANF products and as to whether DuSolo will be confronted with any unforeseen technical impediments. Similarly, the Company has not completed a preliminary economic assessment before making production and project expansion decisions.
The potential quantities (10 - 20 million tonnes) and grades (5.5 - 10% P2O5) disclosed in the discussion of "exploration potential" in the aforementioned drilling targets are conceptual in nature and there has been insufficient exploration to define a mineral resource for the additional "exploration potential" targets disclosed therein. It is uncertain if further exploration will result in this additional "exploration potential" yielding a mineral resource. The basis for estimating the target ranges of the additional "exploration potential" is based on block modeling, drilling, detailed mapping, and surface sampling.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
DuSolo Fertilizers Inc.
George Tsiolis, LL.B, Founder