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JBZ Capital Inc. announces extension to the maturity of the Fertoz loan


//business-finance.news-articles.net/content/201 .. xtension-to-the-maturity-of-the-fertoz-loan.html
Published in Business and Finance on by Market Wire   Print publication without navigation


VANCOUVER, Sept. 30, 2011 /CNW/ - JBZ Capital Inc. (TSX-V: JBZ) announces that its subsidiary Strata Minerals Limited ("Strata") has agreed to extend from September 30 until October 14, 2011 the maturity date of the secured bridge loan made by Strata to Fertoz on May 17, 2011.  An aggregate principal amount of $400,000 remains outstanding.  Fertoz has already repaid $100,000 of the original principal amount of the loan.

All other terms and conditions of the loan remain unaffected by this extension.

ON BEHALF OF THE BOARD OF DIRECTORS

"Nigel Gellard"
President, CEO

About JBZ and Strata

JBZ, through its wholly-owned subsidiary, Strata, is an emerging, Australasia focused, agricultural nutrient company exploring for commercial scale phosphate rock mineralization deposits.  Armed with the objectives of becoming a supplier to the global fertilizer industry and generating wealth for its shareholders, Strata is currently advancing five phosphate exploration projects in Western Australia and Queensland and intends to broaden its focus to other agricultural nutrients including potash and lime. For further information, please refer to the Company's website at [ www.strataminerals.com ].

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


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