PhosCan Granted Extension of TSX Delisting Review

TORONTO, ONTARIO--(Marketwired - Nov. 30, 2015) - PhosCan Chemical Corp. (TSX:FOS) ("PhosCan" or the "Company") announces that the Toronto Stock Exchange ("TSX") has notified the Company that TSX has decided to extend its review of the eligibility of the Company's common shares for continued listing for a period of 60 days.

Forward-Looking Statements

Certain statements in this press release may constitute "forward-looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of PhosCan to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. These forward-looking statements are made as of the date of this press release, and PhosCan assumes no obligations to update or revise them to reflect new events or circumstances.