Zaff buying at Itafos (V:IFOS)

Zaff LLC, a 10% Holder, acquired 31,431,391 Common Shares on a direct ownership basis at a price of $2.100 through a prospectus or prospectus exempt offering on December 18th, 2017. This represents a $66,005,921 investment into the company's shares and an account share holdings change of 62.8%.

Itafos is in the Agricultural Chemicals Sub Industry Group under the Basic Materials Sector.

Itafos, formerly MBAC Fertilizer Corp, is a Canada-based company, which is a producer of phosphate-based fertilizers and related products. The Company operates in the business of fertilizer operations, management, marketing and finance. The Company owns and operates the Itafos-Arraias SSP Operations, which consists of an integrated fertilizer producing facility comprised of a phosphate mine, a mill, a beneficiation plant, a sulphuric acid plant, an SSP plant and a granulation plant and related infrastructure located in central Brazil. Its exploration portfolio includes a number of 3 projects in Brazil, including the Santana Project, a high-grade phosphate deposit located in close proximity to the fertilizer market of Mato Grosso State and animal feed market of Para State, and the Araxa Project, a high-grade rare earth elements, niobium and phosphate deposit located in close proximity to two operating mines.