Mr. Eran Friedlander reports

NEWS RELEASE TO CLARIFY DISCLOSURES

As a result of a review by the B.C. Securities Commission, DuSolo Fertilizers Inc. is issuing the following news release to clarify certain of its previous disclosures.

Aug. 11, 2014, news release

Regarding the news release dated Aug. 11, 2014, the section titled, "Direct application natural fertilizer," the company is restating its disclosure about mineral production and expansion at the Bomfim property. The following statement taken from the Aug. 11, 2014, news release is retracted and replaced with additional cautionary statements regarding the lack of reserves supported by a feasibility study, which increases the risks of technical and economic failure. It will therefore now read:

"With the facility now in place, DuSolo, through a series of crushers, screens and mills, intends to process any high-grade phosphate discovered at the Santiago target into three DANF products of different phosphate grades (12 per cent, 15 per cent and 18 per cent phosphorus pentoxide). Any DANF produced will then be sold to local farms and agricultural centres in the vicinity of the project's area. DANF is used alongside the standard and more costly nitrogen phosphate and potash blend to compensate for elevated nutrient depletion as a result of heavy tropical rainfalls. Farmers in the region have become accustomed to using DANF on their crops over the past several years but, due to recent restrictions in supply, are no longer able to source it locally. DuSolo, as a result of its recent high-grade discovery, intends to fill the current void in this rapidly expanding marketplace by providing farmers with a local alternative supply.

"The company is not basing its decision to begin production of DANF on a feasibility study of mineral reserves, demonstrating economic and technical viability. Without a technical report demonstrating economic and technical viability, there is increased uncertainty as to whether DuSolo will be able to economically produce DANF products and as to whether DuSolo will be confronted with any unforeseen technical impediments. Similarly, the company has not completed a preliminary economic assessment before making production and project expansion decisions."

Nov. 24, 2014, news release

In the section titled, "Scout drilling program," the first of the company's intended activities describes the company's intention to drill the remaining exploration potential of certain target ranges in Santiago, Bomfim Hill and Amaury target areas and add to the already defined resources in these targets (as per the NI 43-101 initial resource estimate published on Jan. 22, 2014). The company adds the following language:

"The potential quantities (10 million to 20 million tonnes) and grades (5.5 to 10 per cent P2O5) disclosed in the discussion of exploration potential in the aforementioned drilling targets are conceptual in nature, and there has been insufficient exploration to define a mineral resource for the additional exploration-potential targets disclosed therein. It is uncertain if further exploration will result in this additional exploration potential yielding a mineral resource. The basis for estimating the target ranges of the additional exploration potential is based on block modelling, drilling, detailed mapping and surface sampling.

"Mauricio Prado, Bomfim's project manager, is a qualified person under National Instrument 43-101, and has reviewed and approved the technical disclosure of this news release on behalf of the company."

We seek Safe Harbor.