DuSolo Employs New Project Manager at Bomfim
02 4월 2014 - 10:50PM
Access Wire
VANCOUVER, BC / ACCESSWIRE / April 2, 2014 / DuSolo
Fertilizers Inc., (TSX-V: DSF) (PINK SHEETS: ELGSF.PK) (Frankfurt:
E6R.F) ("DuSolo" or "the Company") is pleased to welcome
the addition of Mr. Maurício Prado to the Company as the new
Project Manager of the Bomfim Agro Mineral Project.
Mr. Prado is a geologist with over 11 years experience working
with some of the top mining companies in Brazil including Companhia
Vale do Rio Doce ("Vale") and Votorantim Metais Niquel S.A
("Votorantim"). His duties included exploration, mine planning,
geostatistics coordination, resource and property evaluation and
ore control. Mr. Prado has exposure to a number of commodities
including iron ore, nickel, copper, gold, tin, bauxite, fluorine,
niobium and specifically phosphate. He has been responsible for
both long and short term planning for several open pit mines as
well as his vast experience with geometallurgy and geotechnical
projects.
Mr. Prado has also studied geostatistics extensively through the
Mining Engineering Department of Federal University of Rio Grande
do Sul. He is a Member of the Australian Institute of Geoscientists
(MAIG) and has the appropriate relevant experience and
qualifications under the JORC Code and NI 43-101.
"We are happy to have Mr. Prado join the team. We believe that
his addition will provide us with the bandwidth to quickly move
forward with both our exploration and DANF production development
plans at Bomfim", commented Professor Paulo Amorim, DuSolo's VP of
Exploration.
With the hiring of new managers for all of the Company's
projects now complete, Mr. Fabio Mendonca, DuSolo's current
Exploration Manager, has been promoted and will now assume the role
of Vice President (VP) of Business Development. In his new
capacity, Mr. Mendonca will be responsible for reviewing,
evaluating and developing new phosphate opportunities in Brazil to
add to DuSolo's current projects' portfolio. Mr. Mendonca will also
be responsible for all dealings with Brazil's governmental agencies
such as Brazil's National Mining Agency (DNPM) with respect to
filing applications for new licenses and permits, renewals of
existing licenses, preparation of technical reports, presentations
and work programs.
Furthermore, the Company has granted 250,000 incentive stock
options to certain Directors and employees of the Company at a
price of $0.24 per share as per the Company's 2013 stock option
plan. The options are valid for a period of 5 years expiring April
1st, 2019 and are subject to the provisions of the TSX Venture
Exchange.
ABOUT THE COMPANY
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"
Eran Friedlander, President
For more information contact:
Patrick Brandreth
Senior Manager, Corporate Development
Phone: 1-604-282-7157
Email: patrick@DuSolo.com
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.
SOURCE: DuSolo Fertilizers Inc.
DuSolo Fertilizers Inc. (TSXV:DSF)
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