DuSolo Fertilizers Inc.
TSX VENTURE : DSF
PINKSHEETS : ELGSF
FRANKFURT : E6R

DuSolo Fertilizers Inc.

January 12, 2015 09:30 ET

DuSolo Enters Into Sales Contract Totalling 40,000 Tonnes of DANF for 2015

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 12, 2015) - DuSolo Fertilizers Inc., (TSX VENTURE:DSF)(PINKSHEETS:ELGSF)(FRANKFURT:E6R) ("DuSolo" or "the Company") is pleased to announce it has entered into a sales contract ("the Contract") with a large Brazilian soybean producer Primavera Importação e Exportação de Cereais Ltda. (the "Buyer") whereby the Buyer intends to purchase up to 40,000 tonnes of 18% P2O5 Direct Application Natural Fertilizer ("DANF") product throughout the upcoming 2015 planting season. According to the Contract, the Buyer has committed to purchase the DANF at a predetermined average price of 250 Brazilian Reals per tonne (~$110 Canadian Dollars based on the January 9th, 2015 exchange rate) for total proceeds of $4,400,000 Canadian Dollars once all sales as part of the Contract are fully executed.

The Buyer with which the contract was signed is a large, privately owned soybean producer operating in the Cerrado region of Brazil and in close proximity to the Bomfim project. The Buyer currently owns over 100,000 hectares of farmland and its current annual soybean output is in excess of ~260,000 tonnes. The Buyer plans to almost double production output in the coming 3-5 years.

"This order is a good example of the clientele we are surrounded by and it clearly demonstrates their desire to purchase our product," commented Mr. Edvaldo Guimarães, DuSolo's Sales and Marketing Manager. "It is for this reason that we are confident in our ability to reach our sales target of 160,000 tonnes of DANF in 2015."

ABOUT DIRECT APPLICATION NATURAL FERTILIZER

DANF is an environmentally friendly, natural fertilizer product derived from high-grade phosphate rocks. DANF traditionally yields excellent solubility values that render the phosphorous more available for the plant's consumption over a longer period of time.

DANF can be used separately or alongside standard and more costly phosphate products (SSP/MAP), to reach the optimal P2O5 levels in the soil. DANF is a flexible product that can be used in various formulations depending on the crop, soil-type and its fertile conditions.

DANF can be used;
as a fertilizercorrector to improve the soil's overall condition and reach high nutrient levels,
as a fertilizer maintainer, to keep the phosphate levels elevated for coming years, and
as a fertilizer replacement, to reload phosphate levels post crop harvesting.

Due to high levels of solubility (25-30% in citric acid) DANF provides a slower release of phosphorus, providing a residual effect. Moreover, on top of phosphorous, DANF is an important source of calcium that contributes to the correction of the soil's acidity.

DANF production follows a simple process in which the rock is excavated, dried, crushed, screened and milled, transforming the rock into a powder of different concentrations (12%, 15% and 18% P2O5). The product is easy to handle because of its high density, a factor that decreases losses during its deployment, hence providing farmers with a uniform application over the fields.

Farmers in the project's region have become accustomed to using DANF on their crops over the past several years. Recent restrictions in domestic phosphate supply have forced them to import required products from distant places like Morocco, Tunisia, Peru and Israel. The result is higher costs associated to transportation and logistics being passed on to the customers.

DuSolo has recently become the only domestic supplier of DANF within the "Cerrado" region of Brazil, which is now the fastest growing agricultural district with the largest arable land package in the world. The availability of DANF fertilizer supplies, in the centre of the Cerrado growing district has and will continue to enable current and potential customers to access a lower cost fertilizer product.

ABOUT THE COMPANY

DuSolo Fertilizers Inc. (TSX VENTURE:DSF)(PINKSHEETS:ELGSF)(FRANKFURT:E6R) is a Canadian based, low-cost phosphate producer operating in the world's fastest growing agricultural district - the Brazilian "Cerrado" where demand for fertilizers far exceeds domestic supply.

On behalf of the Board of Directors

DuSolo Fertilizers Inc.

Eran Friedlander, President

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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