SNRCF: Stonegate shareholders received 0.008 of an Itafos share in exchange for each Stonegate share held by them immediately prior to the effective time of the plan of arrangement.

FINRA deleted symbol:

http://otce.finra.org/DLDeletions

Do you have any financial report of this that will be more beneficial for the investors if you post

SNRCF Share Structure



Common shares*
Basic Issued and outstanding: 143,053,535 (listed on TSX under symbol ST)

837,500 @$0.75 expiring June 15, 2012
11,773,565 @ $0.75 expiring August 18, 2012
1,896,075** @ $1.00 expiring October 28, 2011
26,430,474 @ $1.50 expiring April 28, 2013 (listed on TSX under symbol ST.WT)

Options: 11,883,334 @ C$0.67 - $1.61

Fully diluted (shares, warrants and options) : 195,874,483

Outstanding Fully Diluted
Sprott Resource Corp 46,912,000 (32.8%) 52,912,000 (27.0%)
Management 9,231,958 (6.5%) 27,256,416 (13.9%)

Float (issued and outstanding): 86,909,577 (60.7%)

*As of August 11, 2011.
**Includes 632,025 shares to be issued upon exercise of underlying share purchase warrants exercisable at $1.50 expiring April 28, 2013.


http://www.stonegateagricom.com/s/ShareStructure.asp

News Releases



October 03, 2011 Stonegate Agricom Announces Updated Mineral Resource for Lower Zone at Paris Hills Phosphate Project

August 05, 2011 Stonegate Agricom Announces Positive Fertilizer Test Results for Lower Zone Deposit at Paris Hills Phosphate Project

June 02, 2011 Stonegate Agricom Announces Extension of Expiry Date for Certain Outstanding Warrants

May 31, 2011 Stonegate Agricom to Present at Scotia Capital's Global Fertilizer Conference

May 16, 2011 Stonegate Agricom to Present at the BMO Capital Markets 2011 Farm to Market Conference

April 19, 2011 Stonegate Drilling Activity Expands Area of High-Grade Intercepts at the Paris Hills Phosphate Project in Idaho

February 08, 2011 Stonegate Continues to Intercept High-Grade Phosphate at the Paris Hills Phosphate Project in Idaho

January 17, 2011 Stonegate Announces Additional Assay Results from Drilling at the Paris Hills Phosphate Project in Idaho

January 11, 2011 Stonegate Agricom Proceeds with Additional Drilling at the Mantaro Phosphate Project in Peru

December 07, 2010 Stonegate Agricom Announces Drilling Results Confirm High-Grade Nature of the Paris Hills Phosphate Project in Idaho


http://www.stonegateagricom.com/s/NewsReleases.asp

Corporate Overview


Stonegate Agricom Ltd. is engaged in the acquisition, exploration and development of agricultural nutrient projects with the objective of becoming a leading low-cost producer of high quality phosphate mineral products to supply regional and international markets with long-term supply deficits. In order to achieve this objective, Stonegate is undertaking to explore and assess the potential for the development of its two principal assets, the Mantaro phosphate project located in Peru and the Paris Hills phosphate project located in Bear Lake County, Idaho. These properties contain high quality phosphate deposits that are strategically located in two of the world's richest agricultural centres in North and South America.

Demand Growth for the Phosphate Market



Key factors influencing world fertilizer demand


•World population growth
•Changing diet in emerging economies as incomes grow
•Constraints on arable land
•Government policies to enhance farm yields
•Programs to encourage use of biofuels

Phosphate Market



Many fertilizer companies are involved in owning phosphate deposits and in producing the phosphate rock concentrate needed to manufacture their downstream fertilizer products. This "vertically integrated" part of the concentrate market accounts for approximately 84% of the total produced each year.

The remaining 16% of phosphate rock concentrate produced in the world is sold (exported) by independent producers mainly in the merchant market.

Crop Nutrition


Phosphate rock is important for crop nutrition because it contains phosphorus(P), which is essential for plant life and is regarded by scientists as a "primary" plant nutrient along with potassium(K) and nitrogen(N).


•Phosphorus performs a key role in plant photosynthesis, nutrient transport and energy transfer.
•A plant with the proper amount of phosphorus available to it will grow more vigorously, mature earlier and provide higher yields than plants with inadequate phosphorus.
•Phosphorus deficiency will result in stunted growth, lack of fruit or flowers, wilting and leaves that may have a purple cast (due to poor photosynthesis).
•Mixing a phosphorus-rich fertilizer with soil when planting will help the plant establish a stable root system and aid in strong initial growth, better water-use efficiency, early maturity and higher crop yields.



According to the International Plant Nutrition Institute, the picture above shows an example of an extreme P (phosphorus) deficiency in a corner of a research field in Storrs, Connecticut (courtesy of Dr. Tom Morris, University of Connecticut). The photo was taken July 27, 1999. The two tall rows of corn on the right received 30 lb P2O5/acre in a band 2 inches below and to the side of the seed row. The six rows on the left and center did not receive any P fertilizer.


Phosphorus (P) deficiency in corn is often expressed as reddish-purple coloration of leaves, especially in young plants. This coloration results from build-up of sugars that cannot be properly metabolized with inadequate P.


The optimum use of crop nutrients is essential to growing the food the world needs.

Soils may be naturally low in nutrients like phosphorus, or they may become deficient due to nutrient removal by crops over the years without replenishment, or when high-yielding crop varieties are grown that have higher nutrient requirements than do local varieties.



•Soils are often tested to determine deficiencies so that fertilizers with appropriate nutrient composition are used. A deficiency in one nutrient can hinder a plant's efficient use of other nutrients.
•The addition of crop nutrients can double or triple a farmer's yield per acre.
•Agricultural experts estimate that crop nutrients directly account for 40 to 60% of crop yields.

Plants require relatively large quantities of phosphorus (P). For instance, a 10 metric tonne/hectare (160 bushel/acre) corn grain crop takes up about 42 kilogram P/hectare (37 pounds P per acre).


Crop Nutrition Example: Phosphorus Requirement in Mediterranean Region*
Phosphorus Crop Requirement Crop
Low Soft Wheat, oat, corn, sunflower, soybean, sugar cane
Medium Durum wheat, barley, sugar beet, rice, cotton, carrot, artichoke, melon, onion, cucumber
High Leguminous crop, tomato, potato, tobacco, lettuce
Source: World Phosphate Institute. Requirements are based on soil studies undertaken within the region.

Phosphate Basics



Phosphate is typically extracted from naturally occurring mineral deposits. More than 80% of the total world production of phosphate is from mineral deposits that were once sediments at the bottom of ancient seas. The remainder is from igneous deposits formed by the cooling and solidifying of molten materials beneath the earth's surface.

Phosphate's value has long been recognized by farmers who once applied ground phosphate rock directly to acidic soils. However, due to the limited effectiveness of this method, very little ground phosphate rock is currently being directly applied in agriculture.

Phosphate ore from mineral deposits is now mostly processed into the chemical fertilizers that are commonly used by farmers around the world. (See below for information on downstream fertilizer products.)

Phosphate from mineral deposits is the only source of phosphate used in the manufacture of fertilizers.

Downstream Products





Approximately 90% of all phosphate rock is consumed annually in the production of fertilizers. The manufacturing process varies depending on the type being produced and can involve the conversion to phosphoric acid as an intermediate step, mainly for the production of ammonium phosphate fertilizers.

Types of phosphate fertilizers include:

•Single superphosphate (SSP)
•Triple superphosphate (TSP)
•Diammonium phosphate (DAP)
•Monoammonium phosphate (MAP)
•Ground phosphate rock

The remaining 10% of phosphate rock is used in livestock and poultry feed supplements, pesticides, detergents, water treatment chemicals, food additives and metal surface treatments.

Phosphate Grades

Fertilizer manufacturers usually require that the phosphate rock concentrate (also known as phosphate rock or phosrock) they are using to make fertilizers has a P2O5 grade of about 28% or more. Since most phosphate deposits have a grade below that level, the ore that is extracted from the deposits typically needs to be upgraded into a phosphate rock concentrate before it is shipped to fertilizer producers. The upgrading process (sometimes referred to as "beneficiation") usually involves washing, separation, flotation and concentration.

Phosphate rock grades are customarily expressed as percent P2O5 (Phosphorus Pentoxide), but also may be referred to as percent BLP (Bone Phosphate of Lime). The conversion factor is:


%P2O5 x 2.185 = %BLP


For example, a range of 30 to 32% P2O5 equals a range of 65 to 70% BLP.

October 03, 2011
Stonegate Agricom Announces Updated Mineral Resource for Lower Zone at Paris Hills Phosphate Project

--------------------------------------------------------------------------------

•2011 Technical Report will identify Measured and Indicated Mineral Resource of 19 million tonnes of phosphate materialization with average grade of 30.6% P2O5 in Lower Zone's horizontal limb based on definition drilling assay results to date
•Potential to increase Lower Zone Measured and Indicated Mineral Resource as a result of planned additional drilling in horizontal limb areas containing estimated Inferred Mineral Resource of 12 million tonnes with average grade of 30.0% P2O5
•2011 Technical Report will identify Exploration Target in upright limb with an estimated conceptual tonnage of seven to 10 million tonnes of phosphate mineralization with average grade of 28.0% to 32.0% P2O5
•Mineral Resource estimates support Stonegate's pre-feasibility study objective for the Lower Zone of a direct-ship phosphate mining operation with a life of at least 15 to 20 years
Stonegate Agricom Ltd. ("Stonegate" or the "Company") (TSX: ST) today announced updated Mineral Resource estimates for the Lower Zone of its Paris Hills Phosphate Project in Idaho. The Mineral Resource estimates will be contained in a National Instrument 43-101 ("NI 43-101") Technical Report (the "2011 Technical Report") being prepared for the Company by Agapito Associates Inc., an independent geological and mining engineering consulting firm based in Grand Junction, Colorado.

The 2011 Technical Report (details below) will identify a Measured Resource of 9.2 million tonnes with an average grade of 30.8% P2O5 and an Indicated Resource of 9.9 million tonnes with an average grade of 30.4% P2O5 in the Lower Zone, for a total Measured and Indicated Mineral Resource of 19.0 million tonnes with an average grade of 30.6% P2O5.

The 2011 Technical Report also will identify an additional Inferred Resource of 12.0 million tonnes with an average grade of 30.0% P2O5 in the same zone.

"The 2011 Technical Report is based on assay results from diamond drilling that Stonegate has conducted at the Paris Hills Phosphate Project since September 2010. Combined with the previously reported successful fertilizer tests, it represents a major advancement of our knowledge of the deposit," said Mark Ashcroft, President and Chief Executive Officer. The fertilizer tests were announced in a news release on August 5, 2011.

"The assay results and fertilizer test have shown that the quality and grade of the Lower Zone in-situ material, without beneficiation or processing, is in-line with higher-quality phosphate rock concentrates traded in the international merchant markets and imported into the United States for the manufacture of end-product fertilizers.

"As a result of this successful development work at Paris Hills, we are closer to our goal of establishing an underground mining operation in the Lower Zone with a life of at least 15 to 20 years producing approximately 1 million tonnes per annum of concentrate-quality phosphate material shipped directly to fertilizer producers (without the need for beneficiation). This could make Paris Hills the first new domestic supplier of merchant grade phosphate rock concentrate in the United States in many years."

Stonegate expects to publish a pre-feasibility study focusing on a direct-ship operation in the Lower Zone by early 2012. The Company also intends to provide an update of the Mineral Resource in the deposit's Upper Phosphate Zone in 2012 (see below for previously reported Inferred Mineral Resource).

"I am very pleased with the efficiency at which we took this forward, having completed the successful fertilizer tests and producing a new estimate -- from the commencement of drilling to a NI 43-101 compliant Mineral Resource estimate in 53 weeks," Mr. Ashcroft stated.

"The Company intends to continue drilling at the property well into 2012 with the intention of potentially expanding the Measured and Indicated Mineral Resource estimate, and expects to publish mineral resource updates in the future, first in the pre-feasibility study for the project by early 2012 and again in an expected feasibility study later in 2012.

"Stonegate will also drill for the first time in the coming weeks on the small portion of the property where the U.S. Bureau of Land Management ("BLM") owns the mineral rights. The BLM recently granted the Company a two-year exploration license and prospecting permit for this area, which covers approximately 15% of the Paris Hills property. The remaining 85% of the property, for which exploration licenses were granted last year, involve mineral rights owned by the State of Idaho and individuals."

A map of the drill hole sites and mineralized area at the Paris Hills Phosphate Project is available at: http://files.newswire.ca/923/Paris_Hills.pdf

2011 Technical Report

The 2011 Technical Report is being prepared for Stonegate by Leo Gilbride, P.E., and Vanessa Santos, P.G., of Agapito Associates, Inc. on the Company's Paris Hills Phosphate Project in southeastern Idaho. The 2011 Technical Report will be filed with SEDAR (www.sedar.com) within 45 days of the date of this news release.

The 2011 Technical Report will present a Mineral Resource estimate based on 21 holes cored through the Lower Zone at depths ranging from 59 to 778 metres during the Company's 2010-2011 exploration drilling program. Chemical analyses of phosphate content (weight percent P2O5) were complete on 0.3-metre-long core samples at two independent, industry recognized analytical laboratories, IAS EnviroChem in Pocatello, Idaho, and Thornton Laboratories, Inc., in Tampa, Florida.

The 2011 Technical Report will identify a Measured Resource of 9.2 million tonnes with an average grade of 30.8% P2O5 and an Indicated Resource of 9.9 million tonnes with an average grade of 30.4% P2O5 in the Lower Zone, as described in Table 1 (below). The 2011 Technical Report will also identify an Inferred Resource of 12.0 million tonnes with an average grade of 30.0% P2O5 in the Lower Zone. The Mineral Resource estimate has an effective date of September 30, 2011.

Reasonable potential for economic extraction is based on an underground room-and-pillar base case mining scenario for market prices of phosphate rock concentrate in excess of US$100 per tonne. The Mineral Resource estimate assumes a minimum Lower Zone composite cut-off grade of 28.0% P2O5 and a minimum bed thickness of 1.5 metres targeting a direct-ship phosphate concentrate in excess of 30.0% P2O5. In 21 core holes, the Lower Zone thickness ranges from 1.5 to 2.8 metres with composite grades ranging from 28.6% to 33.3% P2O5. The Lower Zone averages 1.9 metres thick across the property.

The Mineral Resource estimate is based on a kriged gridded-seam model developed using Carlson Mining 2011 Software(tm). Mineral Resource classifications are based on the technical methodology of Sedimentary Phosphate Resource Classification System of the U.S. Bureau of Mines and the U.S. Geological Survey (Geological Survey Circular 882, 1982). The Mineral Resource calculations are compliant with Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Best Practice Guidelines for Industrial Minerals.

Fertilizer tests completed under laboratory conditions on composite drill core samples have demonstrated the ability to manufacture marketable diammonium phosphate (DAP) and monoammonium phosphate (MAP) products from the Lower Zone material without the need for additional processing (beneficiation) if the targeted grade can be achieved during mining.

http://www.stonegateagricom.com/s/NewsReleases.asp?ReportID=483213

Some sources tell me that there is big news coming very very soon.

I just heard about this and I am going to take a further look!

This could be an interesting one to watch. The fertilizer sector is heating up and their phosphate reserves are significant.