Itafos Completes the Sale of Its Araxá Project

HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (the “Company”) is pleased to announce that, further to its announcement of August 5, 2024, it has completed the sale of its 100% interest in its Araxá project to a wholly-owned subsidiary of St George Mining Limited (“St George”) (ASX: SGQ) (the “Transaction”). St George now owns all of the outstanding securities of Itafos Araxá Mineracao E Fertilizantes S.A (“Itafos Araxá”).