Argentina Potash Corporation Secures $4.07 Million in Project Development Funding from U.S. DFC for El Ceibo Potash Project

Buenos Aires, Argentina — June 3, 2026 — Leads & Copy — Argentina Potash Corporation (“AP” or the “Company”), an exploration and development company focused on the responsible development of potash resources in Argentina, announced today that the U.S. International Development Finance Corporation (DFC) has approved US$4.07 million in Project Development funding for its flagship El Ceibo Potash Project in the Neuquén Basin.

This transaction marks the first DFC Project Development funding awarded in Argentina and the first project to directly align with the U.S.-Argentina Critical Minerals Framework Agreement signed in February 2026, following the designation of potash as a U.S. critical mineral in November 2025.

The US$4.07 million DFC funding is expected to be matched dollar-for-dollar by strategic investors, resulting in total Phase 1 funding of US$8.15 million. These proceeds will advance technical studies, environmental and social impact assessments (ESIA), and pre-feasibility work, accelerating the Company’s path toward construction of a 50,000 tonnes per annum (TPA) Demonstration Plant. This is a critical milestone on the road to full-scale commercial production of one million tonnes per annum of muriate of potash (MOP).

At commercial scale, El Ceibo would rank among the most significant potash development projects in the Western Hemisphere.

Dr. Chris Cornelius, Chairman and CEO of Argentina Potash Corporation, stated, “This DFC partnership marks a pivotal step forward for the El Ceibo Project and our vision for the Southern Cone. The project is positioned to become a meaningful new source of potash for the Western Hemisphere, supporting long-term agricultural productivity across Argentina, Brazil, Uruguay, and Paraguay. We are excited to advance this important initiative alongside the DFC and our strategic partners.”

The Company is targeting a listing on the NYSE American in early 2027 under the ticker symbol KCL.

El Ceibo hosts an inferred mineral resource of 1,606 million tonnes of sylvinite containing an estimated 391 million tonnes of potassium chloride (KCl), making it one of the largest defined potash deposits in South America. Strategically located near existing infrastructure in Argentina’s Neuquén Basin, the project is well positioned to serve the agricultural heartlands of the Southern Cone.

The Company plans to utilize horizontal drilling and selective solution mining techniques designed to minimize surface disturbance, water consumption, and overall environmental impact.

Argentina Potash Corporation is focused on the exploration, appraisal, and sustainable development of high-grade potash resources in Argentina’s Neuquén Basin. The Company’s flagship El Ceibo Project covers approximately 7,200 hectares within a larger 92,000-hectare land package and features an ultra-high-grade potash deposit well suited for low-cost, low-impact solution mining. With a targeted ultimate production capacity of up to one million tonnes per annum of muriate of potash, AP aims to become a significant regional supplier to Southern Cone agricultural markets.

The U.S. International Development Finance Corporation (DFC) is the international investment arm of the United States Government and central to U.S. economic statecraft. DFC mobilizes private capital to advance U.S. foreign policy and economic development. Its investments deliver strong returns for American taxpayers, drive meaningful economic development for U.S. allies and partners, and secure supply chains to counter and outcompete U.S. adversaries.

Source: Argentina Potash Corporation