Canadian Mining Journal

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POTASH: Nutrien created as Agrium, PotashCorp merger closes



SASKATOON – Nutrien Ltd., formed by the successful completion of the merger of Agrium and Potash Corporation of Saskatchewan, begins trading today on both the TSX and NYSE under the ticker symbol NTR.

Nurtrien’s head office in Saskatoon. (Image: Nutrien)

“Today we are proud to launch Nutrien,” said president and CEO Chuck Magro. “Our company will have an unmatched capability to respond to customer and market opportunities, focusing on innovation and growth across our retail and crop nutrient businesses.”

Nutrien operates the Allan, Cory, Potash, Lanigan, Patience Lake, Rocanville, and Vanscoy potash mines in Saskatchewan as well as the New Brunswick potash mine in that province. The company also produces nitrogen in Canada and the United States, as well as phosphate in both countries.

Under the terms of the merger, PotashCorp investors received 0.40 of a Nutrien share for each of their PotashCorp shares. Agrium shareholders received 2.23 Nutrien shares. The combined company has a capitalization of approximately US$36 billion and nearly 20,000 employees worldwide.

More  information about Nutrien, including introductory videos, is available at www.Nutrien.com.