MELBOURNE, Australia--(BUSINESS WIRE)-- Legend International Holdings, Inc. (OTCBB: LGDI), (“Legend”), is pleased to announce that it is currently in discussions with potential investors to fund the extraction and delivery of a large bulk phosphate rock sample to international fertilizer producers.
Legend has previously sent samples to various fertilizer producers around the world. Many of these companies reported that the phosphate rock responded well in their bench scale and pilot scale fertilizer production tests. A number of these producers now require a larger bulk sample to run through their commercial production units. The delivery of a bulk sample will be a final step prior to negotiating and finalizing off-take agreements for phosphate rock.
Further updates on the potential investment will be provided as discussions progress.
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Forward-looking statements in this press release are made pursuant to the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, the risks of exploration and development stage projects, risks associated with environmental and other regulatory matters, mining risks and competition and the volatility of mineral prices. Actual results and timetables could vary significantly. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s fiscal 2013 Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
Legend International Holdings, Inc.
Mr. Joseph Gutnick, +011 613 8532 2866
Chief Executive Officer
Fax: +011 613 8532 2805
Source: Legend International Holdings, Inc.