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Great article on $PAF via the Financial Post.
It’s a one-two punch at Pan America Fertilizer, a small TSX-Venture listed company whose business is in “providing fertilizer to growing global markets specifically in South and Central America.”
On Friday, the company that has a market cap of $6-million announced an expansion of its operation to Uruguay while maintaining its base in Argentina. Establishing operations in Uruguay will, it said, ensure that it’s “on track to grow its market share, as fertilizer providers, within the agricultural industry of South America.” Uruguay was chosen to allow the company to capitalize on that country’s agricultural market as well as allow for “diversity’ in the types of products on which its fertilizer can be used.”
On Tuesday Pan American announced the second shoe: an intention to raise $500,000 by way of a non-brokered private placement. It’s understood Pan American limited the amount it wants to raise because of its desire to maintain a tight capital structure. In time the hope would be to raise additional capital – but at higher prices.
The cash raised from its current offering, will be used, in part, to expand into Uruguay, a county that has also received an investment from Dundee Agricultural Corp., a unit of Dundee Corp.
DAC has made a strategic investment in privately held Union Group International Holdings that was founded by Juan Sartori, a Uruguayan entrepreneur, who has expanded into real estate and mining from his original agriculture base.
So what are the plans?
In short, Pan American plans to get into the medical marijuana business. Indeed Uruguay will be the testing ground for the company’s existing products as well as developing new blends for medical marijuana and other crops. But Pan America has no plans to get into the production and distribution of medical marijuana – a business that becomes legal next month — in Uruguay. (In April, producing medical marijuana under a government licence also gets underway in Canada. At least one of those companies, Tweed Inc., will be public.)
According to a source familiar with Pan American’s plans, the company is not looking to grow marijuana to sell to the market. Rather it is planning a long-term study of its products with a view to increasing the yield of marijuana and other important high value crops.
Pan American will move into that industry by working with scientists on the development of an outdoor marijuana grow-op testing centre that will use its fertilizer and/or additives. The aim is to use its products to produce higher quality medical marijuana or other crops.
Accordingly, Pan American argues that the best way to make a return for its investors in the medical marijuana market, is not through growing the stuff – but to help those who have that goal by supplying them the best and most productive set of raw materials.
And Pan American may seek joint venture partners to help finance the purchase of operating assets – and avoid dilution of its existing shareholders. If the government of Uruguay allows widespread commercial production of marijuana, in the next few years, then Pan American may be in a good position to develop its base.
Certainly the market has taken notice of the company. According to Bloomberg, recent trading has jumped to many times the daily normal while the share price has also risen. It closed Tuesday at $0.175 – or about four times the level of one month back.
SOURCE: http://business.financialpost.com/2014/03/18/pan-american-plans-its-medical-marijuana-strategy/
VANCOUVER, BRITISH COLUMBIA, April 22, 2013 – Pan American Fertilizer Corp., (CNSX: PAF) (“Pan American” or the “Company”) announced today that it has appointed Mr. Scott Walters as President of the Company, effective immediately. Randy Wright will remain Chairman of the Board and Chief Executive Officer.
On his appointment, Scott Walters stated, “I look forward to working with Randy and our team on growing revenue through continued sales growth and expanding distribution to our rapidly developing customer base in South America. We will continue our focus of delivering key agricultural products and leveraging our team’s operational expertise with the goal of providing shareholders increased value and profitability.”
A financial executive, with over eighteen years international experience; creating, building and selling successful businesses in the financial and resource sector, Scott Walters has spent the majority of his career investing in and financing the natural resource space with a focus on gold, silver, uranium and agri-minerals. He is well versed in all types of investment banking transactions and over the last few years primarily focused on public and private equity and debt offerings; exclusive sale assignments, strategic advisory assignments, RTO’s and IPO’s. Investment targets have been in the Americas, Europe, Central Asia, Australasia and several African nations. Previously Managing Partner and Founder of several successful companies, Scott has extensive experience managing people and projects in the resource sector.
"I am delighted to welcome Scott Walters to the Pan American team, and am pleased he will be undertaking the role of President,” said Randy Wright, Chairman and CEO of the Company. “Scott has been an active strategic advisor in the agri-consulting sector for many years and our Company can only benefit from his insight and expertise. I am confident that under his strategic guidance and leadership, Pan American will continue to grow its market share and is on the right path to becoming a major player in the fertilizer and industrial mineral market.”
Pinnacle Digest features Calyx - Our Big Bet of 2013: Calyx Bio-Ventures (CYX:TSXV)
Excerpt from the article:
Our new client and Featured Company, Calyx Bio-Ventures (CYX:TSXV), will undoubtedly represent the largest trade we make in 2013. Calyx owns a majority interest in a game changing renewable energy company that was recently a part of aviation history.
When it comes to renewable energy investing, a sector with which we have been involved for many years, a company must have what we refer to as the 5 M's: Mission, Mandates, Management, Money and a low Market Cap.
Calyx Bio-Ventures' mission is a remarkable one and that's why we are introducing it to you. The company's operating subsidiary, in partnership with the government of Canada, Chevron Lummus Global and Applied Research Associates, recently made world history in what Popular Science Magazine referred to as one of "The Big Science Stories of 2012".
Read the full article: http://bit.ly/CalyxPinnacle
Pan American Fertilizer (CNSX: PAF) Chairman Letter: Re-cap 2012, a look at 2013.
VANCOUVER, BRITISH COLUMBIA, February 15, 2013 - Pan American Fertilizer Corp., (CNSX: PAF) (“Pan American” or the “Company”) releases the following Corporate Update to its shareholders, from the Chairman; Randy Wright.
Source: http://bit.ly/VmbS0n
Dear Shareholder,
It gives me great pleasure to be able to provide you with an update on the progress and developments of Pan American Fertilizer Corp. Since our establishment in May 2012, we have made significant progress on our Santiago Del Estero Agricultural Gypsum project and I am pleased to confirm that the Company has successfully met the milestones that were established for 2012.
Highlights for 2012 include:
Official Mining Certificate obtained;
Successful testing of our extraction process;
Execution of 24 hour extraction cycle;
Agreement established with nation-wide distribution company (Mamasu);
Successful execution of end-to-end sales cycle;
12,000 tonnes of Calcium Sulphate (granular and powder) extracted; and
USD$490,000.00 received in revenue (from actual sales completed during our testing phase).
These achievements are significant as 2012 was a testing, building and development year for us. In 2013 our focus shifts to the following areas; growing our sales channels, increasing our extraction capacity and expanding distribution into other countries. It is our expectation that we will experience continuous organic growth this year, and our confidence in meeting our expectations is demonstrated in the milestones we have set for 2013.
Primary Milestone (2013):
Sales of 100,000 tonnes
Late last year, Pan American disclosed that the Company had successfully closed a purchase order with Paraguayan company; Agro Industrial (“Agro”), for up to 48,000 tonnes (announced Nov 16, 2012), at a price of US$97.81 per tonne, to be executed and delivered in 2013. We are pleased to announce that the Company has met, and continues to meet, the delivery milestones under this agreement.
In addition to the sales to Agro, we will continue to distribute our high quality product throughout Argentina, via our Mamasu distributor (per the arrangement with Mamasu announced July 30, 2012). We are pleased to report that through this arrangement, we have shipped approximately 10,000 tonnes.
As we continue to mature, and in alignment with our core business model of increasing cash-flow by extracting and selling fertilizer related products, once primary growth milestones are reached, it is the Company’s medium to long term intended goal, that subject to legal and contractual restrictions, we will be able to declare a dividend to shareholders.
Actual declared dividends are subject to the discretion of the Company’s Board of Directors and may vary from the intentions stated depending on, among other things, the Company’s earnings, financial requirements and other conditions existing at such future time.
Our strategy remains based on the simple principal of supplying the highest quality product available to a continually growing, robust market. As we move forward and meet both our extraction and sales milestones, our anticipated revenue stream will allow us to also pursue value added transactions with local Argentinean and international partners. We will continue to remain open to new opportunities that will leverage our current position and enable us to meet our long-term vision of becoming a major global fertilizer supplier.
Your Board of Directors and management team remain dedicated to increasing shareholder value, and we continue to be motivated by the prospects of the Company. I would like to personally thank each of you, and will work to ensure your trust is maintained as Pan American grows.
Sincerely,
Randy Wright
Chairman, President and CEO
Video of yesterdays Q&A With Gary Schellenberg
TNR Gold Corp. (TSX.V - TNR) CEO Gary Schellenberg sits down for a Q&A interview on the Settlement of the Los Azules Copper Project Lawsuit
News Release: Pan American Fertilizer Corp. (CNSX: PAF) Announces Closing Of Non-Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA, January 31, 2013 - Pan American Fertilizer Corp. (CNSX: PAF) (“Pan American” or the "Company") announces that it has closed a portion of the non-brokered private placement (the “Offering”) as previously announced on October 24, 2012 and issued 240,000 units (“Units”) at a price of $0.25 per Unit for gross proceeds of $60,000. Each Unit consists of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to purchase one additional Share at a price of $0.40 per Share at any time until January 31, 2018.
In connection with the Offering, the Company has paid Jordan Capital Market Inc. (the “Finder”) a cash commission in the amount of $4,800, being 8% of the aggregate proceeds from the sale of Units to purchasers introduced by the Finder. The Company has also issued non-transferrable Warrants to the Finder to acquire up to 19,200 Shares, being 8% of the number of Units sold under the Offering to purchasers introduced by the Finder, exercisable at $0.40 per Share until January 31, 2018.
The net proceeds from the Offering are to be used for working capital purposes. All securities issued in connection with the Offering are subject to a four month statutory hold period expiring on June 1, 2013.
About Pan American Fertilizer Corp.
Pan American is a Canadian company dedicated to providing fertilizer to a growing global market. The company is focused on the extraction of a specific type of fertilizer called calcium sulphate (also referred to as “Agricultural Gypsum”). 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.
When used as a fertilizer and as a soil remediator, calcium sulphate is a soft sulfate mineral composed of calcium sulfate 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.
On behalf of the board of directors of Pan American Fertilizer Corp.
“Randy Wright”
Randy Wright
President and CEO
FOR MORE INFORMATION, PLEASE CONTACT:
Arwen Reynolds
areynolds@pafertilizer.com
(604) 638-3480