Fertoz Limited ("Fertoz" or the "Company") (ASX:FTZ) is pleased to announce that the FertAg JV has established a working capital facility with Moneytech Finance Pty Ltd ("Moneytech") for up to A$1 million (the "Facility"). The Facility provides FertAg with up to 90 days to pay Moneytech for expected proceeds from goods sold.
During the financial half-year the principal activities of Fertoz Limited (ASX:FTZ)was the development of cash flow generating fertilizer businesses in North America and Australia principally focused on producing and supplying phosphate related products to the agricultural sector.
Phosphate developer Fertoz Limited ("Fertoz" or the "Company") (ASX:FTZ) is pleased to announce that Fertoz shareholders who own a minimum of 5,000 shares will receive a refund of $15 per tonne for FertAg products purchased in Australia as part of a Shareholder Rewards Program.
Phosphate developer Fertoz Limited (ASX:FTZ) is pleased to announce that the Fertoz Agriculture Trust ("Fert-Ag") has signed a National Supplier Agreement with a major Agribusiness to sell and distribute specialty phosphate products across Australia.
2015 is set to be a year of continuing and significant progress and delivery for Fertoz Limited (ASX:FTZ). We will maintain our focus on creating a platform for sustained commercial phosphate production in North America and an expanding, profitable marketing business in Australia.
Fertoz increases its revenue stream by forming the "FertAg" joint venture which will import and market a proven specialty phosphate fertiliser (FertAg 0-8-0) in Australia
The Board of Fertoz Limited (ASX:FTZ) is pleased to announce it has executed a Loan Agreement with Lenark Pty Ltd, an entity associated with Fertoz Chairman James Chisholm.
