Aguia and Lara Renegotiate Option on Sergipe Potash Project

Emerging phosphate and potash exploration and development company Aguia Resources Limited refers to its announcement dated 23 January 2012 in relation to the signing of a Letter of Intent with Lara Exploration Ltd to acquire up to a 100% interest in Lara’s Potash Projects located adjacent and adjoining to Aguia’s Atlantic Potash Project in north east Brazil.