Itafos appoints Anthony Cina as Chairman of the Board of Directors

– CANADA, Toronto –  Itafos (TSX: IFOS) today announced that its Board of Directors has appointed Anthony Cina as Chairman of the Board of Directors.

Mr. Cina has been a member of the Board of Directors since April 21, 2015, and has been serving as interim Chairman since November 21, 2019. Mr. Cina also serves as the Chairman of the Company’s Audit Committee.

About Anthony Cina

Mr. Cina has over 30 years of experience in accounting, finance and tax-related roles and has extensive experience in the mining industry. Mr. Cina is a corporate director and board advisor to various mining and technology-related public and private companies. Prior to these roles, Mr. Cina served in several senior executive roles with mining companies, most recently as Senior Vice President, Business Administration at Yamana Gold Inc. Prior to joining Yamana Gold Inc., Mr. Cina was CFO of Itafos. Mr. Cina is a Chartered Accountant and Chartered Professional Accountant and has received the ICD.D designation from the Institute of Corporate Directors. Mr. Cina holds a Bachelor of Commerce degree from the University of Toronto.

About Itafos

The Company is a vertically integrated phosphate fertilizers and specialty products company with an attractive portfolio of long-term strategic businesses and projects located in key fertilizer markets worldwide.

The Company owns, operates and is developing the following businesses and projects:

Itafos Conda – a vertically integrated phosphate mine and fertilizer business with production and sales capacity of approximately 550kt per year of monoammonium phosphate, MAP with micronutrients, super phosphoric acid, merchant grade phosphoric acid and specialty products including ammonium polyphosphate located in Idaho, US;

Itafos Arraias – a phosphate fertilizer business with production and sales capacity of approximately 500kt per year of single superphosphate, SSP with micronutrients, premium PK compounds and approximately 40kt per year of excess sulfuric acid located in Tocantins, Brazil;

Itafos Farim – a high-grade phosphate mine project located in Farim, Guinea-Bissau;

Itafos Paris Hills – a high-grade phosphate mine project located in Idaho, US;

Itafos Santana – a vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil;

Itafos Mantaro – a large phosphate mine project located in Junin, Peru; and

Itafos Araxá – a vertically integrated rare earth elements and niobium mine and extraction plant project located in Minas Gerais, Brazil.

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