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MBAC Fertilizer Corp.

09:54 AM EST - MBAC Fertilizer Corp. : has today entered into an agreement with Canaccord Genuity Corp., pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 25,720,000 units of the Company at an issue price of $0.70 per Unit (for gross proceeds to the Company of $18,004,000. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. MBAC Fertilizer Corp.
shares T.MBC are trading down $0.21 at $0.59.