Half Year Accounts December 2015
Brisbane, Mar 15, 2016 AEST (ABN Newswire) - The Fertoz Ltd (
ASX:FTZ) directors present their report, together with the financial statements, on the consolidated entity consisting of Fertoz Limited and the entities it controlled for the half-year ended 31 December 2015.
During the half-year the principal activities of the consolidated entity was the development of cash flow generating fertilizer businesses in North America and Australia which are focused on producing and supplying phosphate related products to the agricultural sector.
The Company's main efforts are on the development and commercialisation of its high-grade phosphate resources in North America, which can supply high-grade rock phosphate to organic farms and conventional farms that are seeking low-leaching phosphate products.
To view the full half year report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-FTZ-912693.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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