Vancouver, B.C., August 30, 2013 - Pan American Fertilizer Corp. (TSX.V: PFE) (the "Company" or "Pan American") is pleased to announce that Mr. Sukhprit Sajan has been appointed Chief Financial Officer. Mr. Sajan is replacing Mr. Herrick Lau, who has held the position since May 2012. The Company wishes to thank Mr. Lau for his contributions as CFO, and looks forward to his continued participation with the Company's future Advisory Board.
Mr. Sajan has been VP Finance with the Company since March 2013 and has several years of experience working in rapidly growing companies in various locations including North and Central America, the Caribbean, United Kingdom and Europe. Over the course of his career, Mr. Sukhprit has been retained in a variety of roles and undertaken a broad range of fiduciary and financial responsibilities, including: cash management and treasury functions, implementation of financial systems and controls, enhancement of policies and procedures, financial and management reporting, and team development.
About Pan American Fertilizer Corp.
Pan American is a Canadian company dedicated to providing fertilizer to growing global markets specifically in South and Central America. The company is focused on the extraction of a specific type of fertilizer called calcium sulphate (also referred to as "Agricultural Gypsum") currently in Argentina. To ensure long term development and increase shareholder value, Pan American currently plans to significantly expand its current operational objectives while expanding its asset base by acquiring additional calcium sulphate and other fertilizer related assets and by expanding its markets to neighbouring countries with Argentina.
When used as a fertilizer and as a soil remediator, calcium sulphate is a soft sulphate mineral composed of calcium sulphate dihydrate which is extremely rich in sulphur and calcium. When dissolved in water, the mineral becomes calcium and sulphate sulphur ions, both of which are required nutrients for plants. Calcium sulphate plays a vital role in establishing and maintaining good chemical balance in soil, water and plants, specifically with healthy root development. Ultimately, calcium sulphate increases overall crop quality and yields. For more information please look at our website www.PAFertilzer.com
On behalf of the Board of Directors of Pan American Fertilizer Corporation.
Chief Executive Officer
Forward Looking Statements
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation), including without limitation, the statement as to the date on which the commencement of trading of New Pan American on the TSX Venture Exchange is expected to occur. Such statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements.
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