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

DuSolo Fertilizers Inc.

July 30, 2014 11:15 ET

DuSolo Fertilizers Inc. Reports Annual and Extraordinary Meeting Voting Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 30, 2014) - DuSolo Fertilizers Inc., (TSX VENTURE:DSF)(PINKSHEETS:ELGSF)(FRANKFURT:E6R) ("DuSolo" or "the Company") is pleased to announce the voting results from its 2014 Annual and Extraordinary Meeting ("The Meeting" or "AGM") held Tuesday July 29th at 10:00am in Vancouver British Columbia, Canada.

A total of 33,031,081 common shares of the 104,534,199 shares currently outstanding were voted representing 31.60% of the issued and outstanding common shares of DuSolo. Shareholders voted in favor of all proposed directors as follows:

NOMINEE VOTES IN FAVOUR VOTES WITHHELD
Eran Friedlander 33,031,081 0
Shane Brown 33,031,081 0
Livia Mahler 33,031,081 0
Matthew Hornor 33,031,081 0
Brett Sandler 33,031,081 0
Mel Wilson 33,031,081 0

Other resolutions at the Meeting was the re-appointment of Manning Elliott LLP as the Company's auditors for the ensuing year. In addition, at the request of the Board, the chair of the meeting did not call a vote on adopting the Company's 2014 Stock Option Plan but rather the Company has elected to consider alterntive routes with respect to compensation for its directors and officers in the future. The Company may call a special meeting of shareholders for the purpose of considering a new stock option plan in the future.

Detailed voting results from the 2014 AGM can be found at SEDAR at www.sedar.com.

ABOUT THE COMPANY

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 the Board of Directors

DuSolo Fertilizers Inc.

Eran Friedlander, President

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.

Contact Information

  • DuSolo Fertilizers Inc.
    Patrick Brandreth
    Senior Manager, Corporate Development
    1-604-282-7157
    patrick@DuSolo.com