Pan American Fertilizer Announces Letter of Intent with Argentinean Distributor Mamasu S.R.L.

By CnAgri2012-07-31 12:23:08 Print Pan American Fertilizer Corp.is pleased to announce that it has entered into a non-binding Letter Of Intent (the “LOI”) with Mamasu S.R.L. (“Mamasu”). Under the terms of the LOI, (the “Transaction”) Pan American will acquire all of the issued and outstanding share capital of Servicios y Fertilizantes Sudamericanos S.A. (“SFS”), a wholly-owned subsidiary of Mamasu, which will constitute a “major acquisition” for Pan American under the policies of the Canadian National Stock Exchange.  SFS is a company incorporated under the laws of Argentina and is engaged in the business of distributing and applying fertilizers, with a focus on calcium sulphate (also referred to as “Agricultural Gypsum”), which is Pan American’s main product.