BRIEF-MBAC provides update on its strategic review process

Mon Mar 21, 2016 9:33am EDT
 
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March 21 (Reuters) - MBAC Fertilizer Corp

* Says is continuing negotiations with an investment fund active in fertilizer industry

* LOI contains an exclusivity clause and deadline for entering into definitive binding documentation, to march 28, 2016

* MBAC provides update on its strategic review process

* Parties have mutually agreed to further extend LOI between parties Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)