DuSolo Sells 1,100 Tonnes of Direct Application Natural Fertilizer

DuSolo Fertilizers Inc. (TSXV:DSF) announced that it has sold 1,100 tonnes of direct application natural fertilizer product at a grade of 15 percent P2O5. The company also reported on April 7 that it had received a new order for 10,000 tonnes of DANF from one of the leading sugarcane plantations in Brazil and noted the first delivery of the product was completed at the end of the first quarter 2015.

As quoted in the press release:

The sale price was BRL 253,000 or C$102,153 (as per the April 20, 2015 exchange rate). The Company has already received full payment.

Eran Friedlander, president and CEO of DuSolo, commented:

In the coming weeks, we anticipate an increase in orders for our fertilizer products. Brazil’s rainy season is coming to an end, and the local farmers are preparing for a busy planting season. Our DANF product offers high agronomic performance and is competitively priced, especially when compared to imported alternatives.

Click here to read the full DuSolo Fertilizers Inc. (TSXV:DSF) press release.