DuSolo Fertilizers Inc.

DuSolo Fertilizers Inc.

August 10, 2015 21:31 ET

DuSolo Announces AGM Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 10, 2015) - DuSolo Fertilizers Inc., (TSX VENTURE:DSF)(OTC PINK:ELGSF)(FRANKFURT:E6R) ("DuSolo" or "the Company") is pleased to announce the results of its annual general meeting held today (the "Meeting").

At the Meeting, each of management's four nominees - Peter Ruxton, Darren Bowden, David Farrell and Eran Friedlander - were elected as directors of the Company for the ensuing year.

A fifth nominee, Michael Vint, was also nominated and elected at the Meeting and joins management's nominees on the board. Mr. Vint is a consultant to Endeavour Financial Ltd., which is focused on structured finance, project financing and M&A in the natural resource industry. He has over 20 years' experience in the mining sector including mine operations and construction for precious and base metal projects. Mr. Vint has worked at open pit mine operations in Nevada and California and underground at Hemlo and Eskay Creek. He has worked with independent engineers and companies to provide comprehensive reports for financial institutions for mine credit approvals and he also worked in the equity research department of CIBC World Markets covering the gold sector. Mr. Vint is a registered Professional Engineer in the Province of British Columbia and he received his mining engineering degree from the Colorado School of Mines.

All other resolutions proposed at the Meeting were approved by the Company's shareholders.


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 DuSolo Fertilizers Inc.

Eran Friedlander, Director

Forward-looking statements

Certain information contained in this press release constitutes "forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or "has the potential to". Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

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.

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