Itafos Announces Restricted Share Unit and Deferred Share Unit Grants

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentHOUSTON, March 26, 2026 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) announced today that the Company has granted, in the aggregate, 477,535 restricted share units (“RSUs”) and 32,738 deferred share units (“DSUs”) to directors and officers of the Company. The RSUs and DSUs granted to directors are scheduled to vest on a one-third per annum basis over a three-year period.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThe RSUs granted to officers are based on a combination of time and performance with 50% of the RSUs vesting 1/3 on the anniversary of the grant date over a period of three years and 50% of the RSUs vesting on the third anniversary of the grant date subject to achievement of certain key performance indicators as established by the Company’s Board of Directors.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentEach vested RSU entitles the holder to receive one share of the Company’s common stock or a cash payment equal to the equivalent of one share of the Company’s common stock on the date of vesting. All grants of RSUs are subject to the Company’s Restricted Share Unit Plan. The grants were made as part of the Company’s annual compensation process and are intended to appropriately reward past and ongoing contributions and to incentivize contributions to the Company’s success in the future.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentEach vested DSU entitles the holder to receive a cash payment equal to the fair market value of one share of the Company’s common stock, payable when the holder ceases to serve with the Company. All grants of DSUs are subject to the Company’s Deferred Share Unit Plan. The grants are intended to encourage holders to work towards and participate in the growth and development of the Company and to promote greater alignment of interests between such persons and shareholders of the Company.Article contentAbout ItafosArticle contentThe Company is a phosphate and specialty fertilizer company with businesses and projects spanning three continents:Article contentArticle contentConda – a vertically integrated phosphate fertilizer business located in Idaho, US with production capacity as follows: approximately 550kt per year of MAP, MAP with micronutrients (“MAP+”), superphosphoric acid (“SPA”), and merchant grade phosphoric acid (“MGA”); andapproximately 27kt per year of hydrofluorosilicic acid (“HFSA”);Arraias – a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with the following production targets (following the proposed restart of the beneficiation circuit): approximately 275kt per year of SSP, PAPR and DAPR; approximately 170kt per year of SSP, 60kt per year of PAPR and 45kt per year of DAPR;approximately 40kt per year of excess sulfuric acid (220kt per year gross sulfuric acid production capacity);Farim – a high-grade phosphate mine project located in Farim, Guinea-Bissau; andSantana – a vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil.Article contentThe Company is a Delaware corporation with operations in the United States, Brazil and Guinea Bissau. The Company’s shares trade on the TSX-V under the ticker “IFOS”. The Company’s shares also trade in the US on the OTCQX® Best Market (“OTCQX”) under the ticker symbol “ITFS”. The Company’s principal shareholder is CLF, which is an affiliate of global private investment firm Castlelake, L.P.Article contentFor more information, or to join the Company’s mailing list, please visit www.itafos.com.Article contentNEITHER THE TSX-V NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX-V) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.Article contentContacts:Article contentFor Investors:Article contentMatthew O’NeillExecutive Vice President & Chief Financial Officerinvestor@itafos.com713-242-8446Article contentFor Media:Article contentAlliance Advisors IRFatema BhabrawalaDirector, Media Relationsfbhabrawala@allianceadvisors.com647-620-5002Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Iran oil revenue soars as it's the only exporter out of Hormuz Oil & Gas Meet the Canadian e-bike maker who is redefining the factory floor Electric Vehicles Quebec demands Air Canada’s CEO resignation in 92 to 0 vote Airlines Markets could be making the wrong call on interest rates Investor LNG Canada signs key pipeline agreement required for phase two expansion Energy Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. 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