CANADIAN PHOSPHATE LIMITED — Capital/Financing Update 2014

Dec 15, 2014

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Fertoz Limited (ASX: FTZ) ACN 145 951 622 Principal Office 40 Balgowlah St Wakerley Qld 4154 Phone: +61 7 3396 0024 Fax: +61 7 3396 0024 Email: office@fertoz.com Webpage: www.fertoz.com

16 December 2014

ASX RELEASE / MEDIA RELEASE

Fertoz expands marketing network to sell rock phosphate in Canada

• EnviroPerfect Solutions signs marketing agreement to sell Fertoz rock phosphate in western Canada

Phosphate developer Fertoz Limited (“ Fertoz ” or the “ Company ”, ASX: FTZ) is pleased to announce it has signed a Marketing and Distribution Agreement with EnviroPerfect Solutions to sell rock phosphate from the Company’s Wapiti and Fernie projects in British Columbia, Canada.

EnviroPerfect Solutions is a premier soils health company whose key focus is sustainable soil health management and is based near Edmonton, Alberta. Chief Executive Susan Penstone said: “ We help conventional and organic agricultural producers shift away from practices focused solely on inputs and advance to practices that look after the health of the soil in a way which is both profitable and sustainable.

“We are pleased to assist Fertoz to market a locally produced Canadian phosphate rock and offer its use to our customers as part of a sustainable soil management program.”

EnviroPerfect Solutions is the third agent Fertoz appointed to sell its rock phosphate after Sunalta Fertilizer Ltd and Natures Way Farm Ltd signed agreements in November and October respectively.

EnviroPerfect Solutions will also investigate mixing Fertoz rock phosphate with other products that provide additional soil nutritional balance.

Fertoz Managing Director Les Szonyi said, “ Over the past six months, it has become clear that the market opportunity in Canada and the US is larger than expected, as both conventional and organic farmers look at ways to re-mineralise their soils, rather than just add nitrogen, phosphorus and potassium (N-P-K).

“ We are delighted to execute a third marketing and distribution agreement. We have assembled a diverse team of marketing agents who will work closely together to develop and promote our rock phosphate product in western Canada.”

Alberta has 1 million acres of farming land with strongly acidic soils and 4.5 million acres of farming land with moderately acid soils (Ref: Liming Acid Soils, Alberta Govt Department of Agriculture and Rural Development). Processed phosphate fertilizers are ineffective when used on these soils as acidic soils inhibit the uptake of phosphorus by plants. One third of all farming land around Grande Prairie (near Wapiti) has acidic soils. Continual farming has also depleted trace minerals in soils that are required to sustain plant health and improve yields. As such, both organic and conventional farmers are starting to look for ways to reduce acidity in soils and replenish vital trace minerals.

Calcium carbonate, which is also present in Wapiti rock phosphate, effectively limes the soil, increasing the availability of phosphorus for plants. Reduced crusting of the soil along with improved crop yields and reduced power requirements for tillage are additional benefits of calcium carbonate applications on grey and dark grey wooded soils in the Peace River region near Wapiti and Grand Prairie. In addition, the Company’s rock phosphate from the Wapiti project has numerous trace minerals that promote plant health and growth. The Company’s Fernie

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project has similar characteristics, and is also located proximate to farming regions that benefit from its trace minerals.

Fertoz is aiming to have Wapiti and Fernie rock phosphate as a feedstock for third-party fertiliser distributors to be sold directly to local farmers or mixed with other fertilisers by the agents and distributors.

About Fertoz

Fertoz is exploring for high-grade phosphate resources in Canada and the United States of America, which are two of the largest agricultural economies in the world and which both import phosphate rock. Fertoz has two projects in Canada – Wapiti (East and West), and Fernie (Marten, Barnes Lake, Crows Nest), which are all proximate to infrastructure - and an option on one project in Idaho, USA, again proximate to infrastructure. Fertoz is targeting small, high-grade resources in the Americas that can be commercialised quickly and inexpensively, with high-grade product sold to organic farmers, conventional farmers or third-party fertilizer plants. Fertoz also has a joint venture in Australia to distribute a fused calcium magnesium phosphate (FertAg) to counter the acidic soils across much of Australia’s key farming regions. FertAg does not leach from the soil and is suitable for organic and conventional agriculture.

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Figure 1 Fertoz projects and proximity to Canada Agricultural Areas

For further information contact:

Les Szonyi Susan Penstone Managing Director Chief Executive Officer Fertoz Limited EnviroPerfect Solutions www.fertoz.com www.enviroperfectsolutions.com M +61 418 158 185 M +1 780 902 2726

Forward-looking statements

This document may contain forward-looking statements. Sentences and phrases are forward looking statements when they include any tense from present to future or similar inflection words, such as (but not limited to) "believe," "estimate," "anticipate," "plan," "predict," "may," "hope," "can," "will," "should," "expect," "intend," "is designed to," "with the intent," "potential," the negative of these words or such other variations thereon or comparable terminology, may indicate forward looking statement.

Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Fertoz. These risks, uncertainties and assumptions include (but are not limited to) commodity prices, currency fluctuations, economic and financial market conditions in various countries and regions, environmental risks and legislative, fiscal or regulatory developments, political risks, project delay or advancement, approvals and cost estimates.

Actual values, results or events may be materially different to those expressed or implied in this document. Given these uncertainties, readers are cautioned not to place reliance on forward looking statements. Any forward looking statement in this document is valid only at the date of issue of this document.

Subject to any continuing obligations under applicable law and the ASX Listing Rules, or any other Listing Rules or Financial Regulators’ rules, Fertoz, its agents, directors, officers, employees, advisors and consultants do not undertake any obligation to update or revise any information or any of the forward looking statements in this document if events, conditions or circumstances change or that unexpected occurrences happen to affect such a statement.

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