Brazilian fertiliser developer Aguia Resources Limited (ASX: AGR) (“Aguia” or “Company”) is pleased to report that its strategic investor, Sulliden Mining Capital Limited (TSX: SMC) (“Sulliden”), has increased its shareholding in Aguia to 18.02%.

A Change in Substantial Shareholder Notice has been lodged with the Australian Securities Exchange (ASX) today reflecting Sulliden’s increased holding as a result of on-market purchases.

Aguia’s Chief Commercial Officer Catherine Stretch commented: “Sulliden is pleased with its investment in Aguia and believes the company’s assets holds considerable unlocked value. They remain very supportive of the company’s growth strategy and share the vision of transforming Aguia into a leading phosphate producer listed on the Australian Securities Exchange.”

For further information, please contact:
Justin Reid
Executive Chairman & Managing Director
E [email protected]
T +1 (416) 216-5446

Catherine Stretch
Chief Commercial Officer
E [email protected]
T +1 (416) 309-2695

Released through: Ben Jarvis, Six Degrees Investor Relations: +41 413 150 448