TORONTO, ONTARIO -- (Marketwire) -- 05/22/09 -- (All dollar amounts are expressed in Canadian currency unless otherwise noted.) PhosCan Chemical Corp. (TSX: FOS) announces its financial and operating results for the quarter and year ended January 31, 2009.Highlights for the year include:- Martison Phosphate Project now wholly-owned following the acquisition of Baltic Resources Inc.- Preliminary feasibility study on the Martison Project completed and an N.I. 43-101 compliant technical report filed - Private placement of 29 million common shares at $1.90 per share completed to raise gross proceeds of $55.1 million - Continued advancement of the Martison Project with ongoing
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