Annual Report and Full Year Statutory Accounts 30 June 2014
Perth, Sep 26, 2014 AEST (ABN Newswire) - Fertoz Limited (ASX:FTZ) is an explorer and developer of phosphate resources in Canada and the United States of America, which are both net importers of phosphate rock and have two of the largest agricultural economies in the world. The Company aims to supply direct application phosphate rock with minimal processing to the lucrative organic fertilizer market in North America. The USA is the largest organic food market in the world while Canada is the fourth largest.
Fertoz is targeting small, high-grade resources in North America that can be commercialised quickly and inexpensively, with high-grade product sold to organic farmers or third-party fertilizer plants. The Company is planning first sales to customers in 2014 from its flagship Wapiti project.
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http://media.abnnewswire.net/media/en/docs/ASX-FTZ-819937.pdf
About Fertoz Ltd
Fertoz (ASX:FTZ) is an Australian-based phosphate exploration and development company with a range of projects in British Columbia, Canada as well as Queensland and the Northern Territory. The Company is focused on becoming a fertiliser producer as quickly as possible, initially focusing on the Canadian/USA markets.
Fertoz plans to develop its exploration assets in Canada in order to identify any potential Direct Shipping Ore (DSO) projects. It intends to seek joint venture partners to assist in funding the exploration projects in Australia.
Phosphate is a commodity necessary for feeding the world, and Fertoz is ready to capitalise on this growing demand.
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