HOUSTON, March 26, 2026 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (the “Company”) announced today that the Company has granted, in the aggregate, 477,535 restricted share units (“RSUs”) and 32,738 deferred share units (“DSUs”) to directors and officers of the Company. The RSUs and DSUs granted to directors are scheduled to vest on a one-third per annum basis over a three-year period. The RSUs granted to officers are based on a combination of time and performance with 50% of the RSUs vesting 1/3 on the a ...

Core Viewpoint - Itafos Inc. will release its financial results for Q4 2025 and the full year 2025 on March 18, 2026, with a recorded webcast available on March 23, 2026, to discuss these results and provide business updates [1]. Company Overview - Itafos is a phosphate and specialty fertilizer company with operations across three continents, headquartered in Houston, Texas, and trading on the TSX Venture Exchange under the ticker "IFOS" and on the OTCQX under "ITFS" [2]. Production Capacity - The company has several production facilities: - Conda, Idaho, US: - Approximately 550,000 tons per year of MAP, MAP+, SPA, merchant grade phosphoric acid, and APP - Approximately 27,000 tons per year of hydrofluorosilicic acid [7] - Arraias, Tocantins, Brazil: - Proposed production targets include approximately 275,000 tons per year of single superphosphate, PAPR, and DAPR - Additional targets of approximately 170,000 tons per year of SSP, 60,000 tons per year of PAPR, and 45,000 tons per year of DAPR - Approximately 40,000 tons per year of excess sulfuric acid [7] - Farim, Guinea-Bissau: A high-grade phosphate mine project [7] - Santana, Pará, Brazil: A vertically integrated high-grade phosphate mine and fertilizer plant project [7]

Core Viewpoint - Itafos Inc. has appointed Joseph McConnell to its Board of Directors, effective January 16, 2026, replacing Isaiah Toback as a nominee from the principal shareholder, CL Fertilizers Holding LLC [1][2]. Group 1: Appointment Details - Joseph McConnell's appointment is expected to enhance the Board's oversight and guidance capabilities, bringing valuable skills and perspectives to advance the Company's business objectives [2]. - Anthony Cina, Chairman of the Board, expressed gratitude for Isaiah Toback's contributions to the Company [2]. Group 2: Background of Joseph McConnell - Mr. McConnell is a Partner at Castlelake, L.P., an affiliate of CLF, and serves as Deputy Co-Chief Investment Officer, responsible for the firm's global investment strategy across various asset classes [2][3]. - He has been with Castlelake since 2007 and became a partner in 2017, previously holding roles in portfolio management and investment, including co-head of the Aviation and Real Assets businesses [3]. Group 3: Company Overview - Itafos is a phosphate and specialty fertilizer company with operations and projects across three continents, headquartered in Houston, Texas [4]. - The Company's shares are traded on the TSX-V under the ticker "IFOS" and on the OTCQX under the ticker "ITFS" [4].

Company Overview - Itafos Inc. is a phosphate and specialty fertilizer company headquartered in Houston, Texas, and trades on the TSX-V under the ticker "IFOS" [2] - The principal shareholder of Itafos is CL Fertilizers Holding LLC, an affiliate of global private investment firm Castlelake, L.P. [2] Business Operations - The company operates several vertically integrated phosphate fertilizer businesses, including: - Conda in Idaho, US, with a production capacity of approximately 550,000 tons per year of various phosphate products [5] - Arraias in Tocantins, Brazil, with a production capacity of approximately 500,000 tons per year of single superphosphate and related products [5] - Farim, a high-grade phosphate mine project located in Guinea-Bissau [5] - Santana, a vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil [5] Upcoming Events - Itafos will present at the Sidoti Small Cap Conference on June 12, 2025, at 4:00 PM EDT [1]