SOPerior Fertilizer Corps CEO and Executive Chairman Appointed to the Canada India Economic Council (CIEC)
October 16 2018 - 1:36PM
SOPerior Fertilizer Corp (the “Company”)
(SOP:TSX) – is pleased to announce that on September
20th, 2018 SOPerior Fertilizer Corp.’s CEO Andrew Squires and
Executive Director Bruce Duncan were appointed to the Board of
Directors of the Canada India Economic Council (“CIEC”).
The mission of the CIEC is to be the premier
umbrella agency to promote and support the development of economic
opportunities both in Canada and India in order to strengthen
bi-lateral trade relations and economic partnerships between the
countries. Since 2009, there have been various ongoing discussions
between Canada and India which have resulted in the development of
the Comprehensive Economic Partnership Agreement (“CEPA”) and
Foreign Investment Promotion and Protection Agreement (“FIPA”).
These agreements have been inconclusive in their
implementation. As such, it is the mandate of the CIEC
to re-engage partnerships amongst all Canadian and Indian
stakeholders (government, business, etc.) to promote
relationships, trade, business, and investment. To aid in the
actual implementation of this mandate, the CIEC has been recently
incorporated as a not-for-profit organisation. The CIEC
will be working closely with the Governments of India and Canada,
businesses and investors from both countries to promote trade,
public policy, business relations, investment opportunities and
commerce. With the support of Ambassador Dinesh Bhatia, the
Consul General of India, Toronto, CIEC is envisioned to become the
premier umbrella organisation for all business, investor and trade
organisations working within the Canada-India space. Andrew
Squires, President and CEO of SOPerior Fertilizer Corp., remarked,
"It is an honor for Bruce and I to be nominated to this progressive
organization to promote trade between our two great countries.
India has the 2nd largest SOP applicable crop area in the
world and membership on the Board of CIEC will enhance SOPerior
Fertilizer’s ability to directly engage in discussions with India’s
agricultural policy and business leaders.”
About SOPerior
Fertilizer
SOPerior Fertilizer’s strategy is to become
a premier producer of sulphate of potash "SOP" in North
America. The Corporation owns two SOP projects: the Blawn
Mountain project in Utah that plans to produce SOP
by processing an alunite material and the Valleyfield
project in Quebec that plans to produce SOP through the
Mannheim Process. SOPerior Fertilizer has a highly qualified
and proven management team and Board of Directors in place with
significant financial, project management and operational
experience to take projects into production.
On behalf of the Board of Directors
SOPerior Fertilizer Corp.
Andrew Squires, President & CEO
Contact Information
E-mail inquiries: info@SOPfertilizer.com
P: (416) 362-8640
www.SOPfertilizer.com
FORWARD LOOKING STATEMENTS:
This news release contains forward-looking statements, which relate
to future events or future performance and reflect management's
current expectations and assumptions. Such forward-looking
statements reflect management's current beliefs and are based on
assumptions made by and information currently available to the
Company. Investors are cautioned that these forward looking
statements are neither promises nor guarantees, and are subject to
risks and uncertainties that may cause future results to differ
materially from those expected. These forward-looking statements
are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any
obligation to update or revise them to reflect new events or
circumstances. All of the forward-looking statements made in this
press release are qualified by these cautionary statements and by
those made in our filings with SEDAR in Canada (available at
www.sedar.com).