DuSolo Gets Operational License for Mining Phosphate at Santiago Target

DuSolo Fertilizers Inc. ("DuSolo" or "the Company") is very pleased to report it has received the Operational license (Licença de Operação) for mining phosphate at the Company's Santiago Target. The License was granted by NATURATINS (Environmental Agency of Tocantins State) and expires in August, 2018.

With this license now in place, the Company will be able to extract the high-grade phosphate discovered at the Santiago target to produce Direct Application Natural Fertilizer ("DANF") - a fertilizer product highly popular amongst farmers and agricultural centers within close proximity to the Bomfim project.

"We are thrilled with this recent development as it moves us one step closer to an important corporate milestone," commented Eran Friedlander, President and CEO of DuSolo. "The Company is now one permit away from commencing the extraction and processing of phosphate into fertilizers."

PERMITTING

The following permits required for DANF production have now been either obtained or are in the process of being obtained with decisions expected shortly:

• DANF Processing Facility Environmental License (Licença Ambiental) - OBTAINED
• DANF Processing Facility Operating License (Licença de Funcionamento) - OBTAINED
• Mining Site (Santiago Target) Operational license (Licença de Operação) - OBTAINED
• Mining Permit (Guia de Utilização)

DIRECT APPLICATION NATURAL FERTILIZER

With a processing facility now in place, DuSolo, through a series of crushers, screens and mills intends to process a small portion of the high-grade phosphate discovered at the Santiago target into three (3) DANF products of different phosphate grades (12%, 15%, 18% P₂O₅). Unlike other phosphare based fertilizer products, DANF processing is simple and apart of screen separation (a process that relies on physical attributes) does not entail flotation and/or further beneficiation. DANF is used alongside the standard and more costly Nitrogen, Phosphate and Potash ("NPK") blend to compensate for elevated nutrient depletion as a result of heavy tropical rainfalls. Farmers in the region have become accustomed to using DANF on their crops over the past several years but due to recent restrictions in supply, are no longer able to source it locally. DuSolo, as a result of its recent high-grade discovery, intends to fill the current void in this rapidly expanding marketplace by providing farmers with a local alternative supply for years to come.

ABOUT THE COMPANY

DuSolo Fertilizers Inc. is focused on developing a fully integrated process to produce phosphate based fertilizers within the Cerrado region of Brazil as part of a nationwide effort, incentivized by the government to increase supply of domestically sourced fertilizers and achieve agricultural self sufficiency.

The Company's shares are publicly traded on the TSX Venture Exchange under the symbol DSF, on the OTC Pink Sheets under the symbol ELGSF and on Frankfurt Stock Exchange under the symbol E6R.

On behalf of the Board of Directors

DuSolo Fertilizers Inc.

Eran Friedlander, President