SOPerior Fertilizer Corp. . The Company announces that Arthur J. Roth has resigned from the Board of Directors for personal reasons. Mr. Roth has served as director since July 2017 and during that time has provided invaluable insight and guidance in the agribusiness, fertilizer, and selected non-metallic minerals sectors. The Board would like to thank Mr. Roth for his long-standing service. The Company is pleased to [...]
SOPerior Fertilizer Corp. . The Company is providing an update with respect to its Other Business Arrangement renewal of the Blawn Mountain mineral leases which was previously disclosed in its press release of June 14, 2024. Due to various inquiries regarding the leases, SITLA posted a Request for Proposals for the Blawn Mountain Leases with a September 1, 2024 deadline for submissions. The Company is deeply disappointed [...]
SOPerior Fertilizer Corp. . The Company is providing an update with respect to its Other Business Arrangement renewal of the Blawn Mountain mineral leases which was previously disclosed in its press release of March 22, 2024. The Company in conjunction with its proposed JV counterparty is engaged in ongoing dialogue with Utah School and Institutional Trust Lands Administration regarding the renewal. Due to various [...]
SOPerior Fertilizer Corp. . The Company informs that its existing 10-year Other Business Arrangement with the School and Institutional Trust Lands Administration for the Blawn Mountain mineral leases expires on April 1, 2024. SOP is engaged with the regulator and working on its submission for a renewed OBA. SOP's submission will be supported by the planning and numerous studies undertaken, including environmental and [...]
SOPerior Fertilizer Corp. . Further to its press releases on June 30, 2023, July 11, 2023 and August 29, 2023 announcing that the Company received a default notice on its outstanding loan, the Company advises that discussions and negotiations are still on-going between the lender and Argos Investment Partners, the proposed JV party. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility [...]
SOPerior Fertilizer Corp. . Further to its press releases on June 30, 2023 and July 11, 2023 announcing that the Company received a default notice on its outstanding loan, the Company advises that discussions and negotiations are still on-going between the lender and Argos Investment Partners, the proposed JV party. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy [...]
SOPerior Fertilizer Corp. . On June 29, 2023 the Company received a notice of default from Lind Asset Management VII, LLC, a fund managed by The Lind Partners, LLC with respect to its Convertible Security Funding Agreement dated December 16, 2016, as amended . Lind's default notice is requesting that the Company pay the principal and interest due and outstanding under the CSFA. Although the Company's proposed JV partner [...]
SOPerior Fertilizer Corp. . The Company announces that on June 29, 2023 it received a notice of default from Lind Asset Management VII, LLC, a fund managed by The Lind Partners, LLC with respect to its Convertible Security Funding Agreement dated December 16, 2016, as amended . Lind's default notice is requesting that the Company pay the principal and interest due and outstanding under the CSFA. The Company has until July [...]
SOPerior Fertilizer Corp. announces that subject to regulatory approval, it has granted 7,700,000 options to Directors and Officers in accordance with the Company's stock option plan. These Options, which vest immediately, have an exercise price of $0.05 each and a 10-year term. On Behalf of the Board of Directors SOPerior Fertilizer Corp. "Andrew Squires" CEO and Director Contact Information Phone: -850-0422 E-mail [...]
SOPerior Fertilizer Corp. . Further to its January 9, 2023 press release, SOP announces that it was misinformed by the Blawn Mountain JV counterparty regarding the timing of the full payment of SOP's debt facility with its secured lender. The secured lender and the JV counterparty are currently finalizing a revised payout schedule with a near term closure date. The JV counterparty has also agreed to pay an additional [...]
SOPerior Fertilizer Corp. . SOP has been informed by the Blawn Mountain JV counterparty that the portion of the JV proceeds to be used to close out the Company's debt facility with The Lind Partners, LLC was wired directly to Lind. SOP is in the process of obtaining confirmation from Lind that the funds have been received and closing documents executed. The Company can then confirm the amount to be received for the final [...]
SOPerior Fertilizer Corp. . SOP was informed on December 30th, 2022 of a short delay in the JV transaction payment schedule . 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 [...]
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