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 ...

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 ...

Summary of Itafos Conference Call - March 19, 2026 Industry Overview - The global fertilizer market is currently facing significant disruptions due to geopolitical tensions, particularly affecting nitrogen and phosphate production. [1][2][3] - Key regions impacted include India, Pakistan, Europe, and China, with specific concerns about the availability of ammonia and sulfur. [1][2] - The situation is described as unprecedented, with comparisons made to the disruptions caused by the Russian invasion of Ukraine in 2022. [2][4] Key Points on Fertilizer Supply and Demand - Approximately 20% of LNG is currently blocked, leading to increased gas prices in Europe, which have risen to $25. [1] - India has announced a ban on ammonia and urea exports, further straining global fertilizer supplies. [1] - 22% of global DAP and MAP production is located in the Strait of Hormuz, with 45% of globally traded sulfur also affected. [1] - Concerns are raised about the ability of phosphate producers to maintain operations due to anticipated shortages of sulfur, which is critical for fertilizer production. [2][3] Impact on Crop Production - The lack of fertilizer is expected to negatively impact global oilseed and grain production, with potential long-term effects on food supply. [4] - Current corn prices have increased to approximately $4.95, up from $4.40, indicating rising commodity prices due to supply concerns. [4][5] - The global stocks-to-use ratio for grains is at a low of 16%, which historically correlates with higher grain prices. [27] Company-Specific Insights - Itafos operates primarily in North America, with its flagship asset located in Southeast Idaho and another in Brazil. [8][9] - The company has successfully maintained high operational performance and utilization rates, allowing for strong cash flow generation and balance sheet improvement. [9][11] - Itafos has cleaned up its balance sheet, achieving a net debt ratio of 0.1 times, which supports its growth capital funding. [11][12] Market Dynamics - The company notes that China has reduced phosphate exports significantly, from 30-33% of global trade to around 15%, which is expected to exacerbate supply shortages. [12][6] - Brazil and India are highlighted as major importers of phosphate, with the ongoing conflict likely to drive demand and further tighten market conditions. [12][9] Future Growth and Development - Itafos is focused on maintaining its assets and investing in growth projects, including a new mine and a magnesium reduction project expected to be operational by 2027. [17][19] - The company is optimistic about its Brazilian operations, which are expected to produce SSP (Single Super Phosphate) by 2027, tapping into Brazil's high demand for fertilizers. [19][20] - Exploration activities are ongoing to extend the mine life and resource base, with plans for further technical reports in the coming years. [18][21] Conclusion - The current geopolitical situation poses significant risks to global fertilizer supply, impacting food production and prices. [30][31] - Itafos is well-positioned to navigate these challenges due to its strong operational performance, strategic asset management, and focus on growth in key markets. [24][25]

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 filed a technical report to support the updated preliminary economic assessment for the Arraias phosphate project in Brazil, indicating progress in the company's mining operations and potential investment opportunities [1][2]. Company Overview - Itafos is a phosphate and specialty fertilizer company with operations across three continents, headquartered in Houston, Texas, and its shares are traded on TSX-V and OTCQX [4]. - The principal shareholder of Itafos is CL Fertilizers Holding LLC, an affiliate of Castlelake, L.P., a global private investment firm [4]. Project Details - The technical report titled "NI 43-101 Technical Report Preliminary Economic Assessment, Arraias Phosphate Operations, Tocantins, Brazil" was prepared by WSP Canada Inc. and summarizes the results of the preliminary economic assessment [2]. - The Arraias project has a production capacity of approximately 500,000 tons per year of SSP and SSP with micronutrients, along with 40,000 tons per year of excess sulfuric acid [6]. Availability of Information - The Arraias Technical Report is accessible on SEDAR+ and the company's website, providing transparency and detailed information for stakeholders [3].

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].

As filed with the Securities and Exchange Commission on January 16, 2026. Registration No. 333-292700 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Liftoff Mobile, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 7370 86-1817506 (I.R.S. Employer Identification No.) (Primary Standard Industrial Classification Code Numb ...

Core Insights - Itafos Inc. reported Q2 2025 financial results, highlighting higher production volumes and revenues despite increased input costs [1][2][3] Financial Performance - Q2 2025 revenues reached $126.8 million, up from $105.1 million in Q2 2024, while adjusted EBITDA slightly decreased to $31.8 million from $32.8 million [8] - Net income for Q2 2025 was $24.8 million, compared to $16.2 million in Q2 2024, primarily due to fair value gains on investments and lower finance expenses [6][8] - Free cash flow for Q2 2025 was $10.8 million, down from $42.5 million in Q2 2024 [8] Production and Operations - The company produced 79,606 tonnes of P2O5 in Q2 2025, an increase from 69,532 tonnes in Q2 2024, attributed to a shorter turnaround period [22][32] - At Arraias, production of sulfuric acid increased to 36,349 tonnes in Q2 2025 from 16,652 tonnes in Q2 2024, driven by higher customer demand [34] Market Outlook - Phosphate fertilizer prices increased significantly in Q2 2025, with MAP New Orleans prices averaging $690/st, up 24% year-over-year [18][12] - The company expects strong phosphate pricing to continue through the second half of 2025, supported by sustained global fertilizer demand and ongoing export restrictions from China [14][16] Capital Expenditures - Total capex for Q2 2025 was $28.8 million, a decrease from $30.2 million in Q2 2024, primarily due to a planned short turnaround [7][11] - The company has approved a capital project for a new processing facility to reduce magnesium content in ore from the H1/NDR mines [4][26] Corporate Developments - The company is focused on extending the mine life at Conda through a multi-year exploration program with an expected annual cost of $6-8 million [27][31] - As of June 30, 2025, the company had a net debt of $(2.5) million, reflecting higher cash and lower debt levels [19][20]

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]

Core Viewpoint - Itafos Inc. reported strong operational performance in Q1 2025, with production volumes exceeding prior year levels and a revenue growth of 6% year-over-year despite higher input costs [2][5][6]. Financial Performance - Q1 2025 revenues reached $135.7 million, up from $128.0 million in Q1 2024, while adjusted EBITDA was $39.3 million compared to $43.2 million in the previous year [7]. - Net income for Q1 2025 was $35.9 million, an increase from $23.7 million in Q1 2024, primarily due to a gain on the sale of the Araxá project [6][7]. - Free cash flow improved to $31.3 million in Q1 2025 from $17.7 million in Q1 2024 [7]. Operational Highlights - The company achieved a significant milestone by reducing net debt to below $0, with net debt recorded at $(1.7) million as of March 31, 2025 [4][18]. - The company maintained a net leverage ratio of (0.0)x, indicating strong financial health [7][18]. - The successful closure of the Araxa project sale resulted in a gain of $27.9 million [10]. Market Outlook - Phosphate pricing experienced a slight decrease in Q1 2025 but is expected to remain strong through 2025 due to strong global demand and limited supply from evolving tariff policies [11][16]. - The company anticipates sales volumes of 340-360 thousand tonnes of P2O5 for FY 2025, with corporate selling, general and administrative expenses projected between $17-20 million [14][13]. Mine Development - Progress continues on the mine life extension program at Husky 1 / North Dry Ridge, with first ore shipments expected in the second half of 2025 [3][21]. - The company is focused on resource evaluation and permitting at Conda, with an expected annual cost of approximately $6-8 million for exploration activities [21][25]. Recent Developments - The company declared a special dividend of C$0.05 per share following the successful sale of the Araxá project [15]. - The company reported strong environmental, health, and safety performance, with no reportable incidents in Q1 2025 [20].