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Last C$0.21 CAD
Change Today +0.01 / 5.00%
Volume 9.5K
As of 11:41 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

dusolo fertilizers inc (DSF) Snapshot

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52 Week High
09/30/14 - C$0.36
52 Week Low
06/16/15 - C$0.16
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dusolo fertilizers inc (DSF) Details

DuSolo Fertilizers Inc., an exploration stage company, focuses on the acquisition, exploration, and development of agro-mineral properties in Brazil. The company primarily explores for phosphate deposits. Its principal project consists of the Bomfim Agro-mineral Project that covers an area of covers 63,584 hectares and is located in Arraias municipality, Tocantins state. The company was formerly known as Eagle Star Minerals Corp. and changed its name to DuSolo Fertilizers Inc. in February 2014. DuSolo Fertilizers Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.

Founded in 2004

dusolo fertilizers inc (DSF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$225.8K
Chief Financial Officer
Total Annual Compensation: C$109.9K
Compensation as of Fiscal Year 2013.

dusolo fertilizers inc (DSF) Key Developments

DuSolo Fertilizers Inc. Secures Multi Year Danf Sales Contract

DuSolo Fertilizers Inc. announced that it has entered into a two-year, 60,000 tonne sales contract (30,000 tonnes per year) for its 15% P(sub)2(/sub)O(sub)5(/sub) Direct Application Natural Fertilizer product with a local Brazilian fertilizer distributor. Over the term of the contract, the Buyer has agreed to pay BRL 230 per tonne for total proceeds of BRL 13,800,000 or approximately CAD 5,500,000. The Buyer has made an advance payment of BRL 115,000 or approximately CAD 45,600 for immediate delivery of 500 tonnes of DANF product. The Buyer has further committed to pay BRL 575,000 or approximately CAD 228,500 for an additional 2,500 tonnes of DANF product, to be delivered by July 1, 2015.

DuSolo Fertilizers Inc. Announces Drill Results from the First Round of its 2015 Drilling Campaign at the Bomfim Agro-Mineral Project

DuSolo Fertilizers Inc. announced the drill results from the first round of its 2015 drilling campaign at the Bomfim Agro-mineral Project. These drill results indicate that its phosphate mineralization extends beyond the areas identified in its initial resource estimate. They also confirm that it has found additional high-grade phosphate mineralization suitable for future production of Direct Application Natural Fertilizer at Bomfim. Going forward, its exploration program will continue to focus on further delineating resources and the additional upside potential of these and other targets. As the company makes progress towards increasing its resources, it also looks to increase its sales. The company has already announced the receipt of orders to supply up to 51,100 tonnes of Direct Application Natural Fertilizer for approximately CAD 4.5 million. The company expects additional orders to ramp up once the rainfall in the region comes to a halt and farmers begin planting their crops. During this round of drilling, a total of 90 holes totaling 1,902 meters were completed at both the Santiago and Tataco targets, located within the Bomfim Project. The drill results from both targets will be used to expand and further define the inferred resource previously reported in the Bomfim National Instrument 43-101 Initial Resource Estimate (NI 43-101) published January 5th, 2014, and amended on February 6, 2015. The updated NI 43-101 resource estimate, will be released later this year.

DuSolo Fertilizers Inc. Auditor Raises 'Going Concern' Doubt

DuSolo Fertilizers Inc. filed its Annual on Jan 28, 2015 for the period ending Sep 30, 2014. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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