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5/21/2013 - 3:47 PM EST - Stonegate Agricom Ltd. : and Focus Ventures Ltd. announced that they have signed a Letter of Intent pursuant to which Focus has the right to acquire, subject to successful due diligence, a 70% interest in the Mantaro phosphate deposit, located 250 km east of Lima in the District of Junín, central Peru. Phosphate is a key nutrient used in the manufacture of fertilizers and is an integral part of the food supply chain. Stonegate Agricom Ltd. shares T.ST are trading down $0.05 at $0.44.