Company Overview
- What is Brazil Potash Corp.'s mission?
Brazil Potash Corp.’s primary business objective is to construct its Autazes potash project to be the sustainable potash supplier-of-choice for Brazilian farmers.
- When will the production of potash begin?
Our target is to raise sufficient funds to start construction around the end of 2024 which is estimated to take just over four years.
- What are Brazil Potash Corp.'s strategies to create value for shareholders at this moment?
Brazil Potash management is currently focused on securing offtake agreements (i.e., Amaggi), developing a Mura indigenous wellness program, and speaking with large investors to secure funding to advance our Autazes project towards construction.
- When was Brazil Potash Corp. incorporated?
Brazil Potash Corp. was incorporated on October 10, 2006.
- Where is Brazil Potash Corp.'s corporate headquarters?
Brazil Potash Corp.'s headquarters are in Toronto, Ontario, Canada:
198 Davenport Road
Toronto, Ontario M5R 1J2
Canada
Listing Information
- When did the Listing of Brazil Potash Corp.'s common shares take place?
The New York Stock Exchange Listing took place on November 27, 2024.
- How can I invest in Brazil Potash Corp.? As an existing investor, how can I sell my stock?
To purchase or sell shares, please contact a brokerage firm.
- On what stock exchange(s) is Brazil Potash Corp. traded and under what symbol?
Brazil Potash is listed on the New York Stock Exchange under the symbol "GRO".
- What is Brazil Potash Corp.'s CUSIP?
Brazil Potash Corp.'s CUSIP is: 10586A1084.
- Why did the Company choose to list on the NYSE at this particular time?
- The principal purposes of this offering are to:
- Fund our pre-operation development expenses including the start of project construction
- Increase our capitalization and financial flexibility
- Create a market for our Common Shares, and
- Facilitate our future access to the public equity markets.
- Was the listing an IPO?
The listing was an initial public offering of Brazil Potash Corp.'s common shares.
- How was the opening price of the IPO determined?
- The initial public offering price per share of our Common Shares offered in this offering was negotiated between us and the representatives of the underwriters. Factors considered in determining the price of our Common Shares include:
- The history and prospects of other natural resource companies, and prior offerings of those companies;
- Our prospects for successfully developing and commencing our potash production operations;
- An assessment of our management and its experience in the natural resource industry;
- Our capital structure;
- General conditions of the securities markets at the time of this offering; and
- Other factors we deemed relevant.
- What did the Company do to educate the market, and potential buyers of the Company's shares, about the value of the Company's portfolio in advance of Listing?
In the weeks leading up to the Listing, Brazil Potash Corp., with the help of the Company's financial advisors, organized and participated in over one hundred group and one-on-one educational meetings with prospective new investors and research analysts. The Company plans to continue its efforts to engage with potential new investors and research analysts in the future. Additionally, the Company intends to continue providing support to Broker Dealers in their efforts to communicate with the Company's retail investor base.
- What are the company's growth plans post-IPO? What are the intended use of the proceeds?
Brazil Potash Corp. intends to use the net proceeds from this offering primarily to fund our pre-operation development expenses, and for working capital and general corporate purposes, which will include, among others, expenses relating to (i) obtaining and complying with our environmental licenses, (ii) engineering, procurement and construction for critical path items, and (iii) other pre-operation administrative matters.
- Where can investors and financial advisors get more information regarding the Company's intended strategy and business plan?
We encourage existing and potential investors to review the latest investor presentation on the Events & Presentations tab of the investor relations website: Events & Presentations
- Do I as a shareholder need to take any proactive steps, or did my shares automatically become listed?
No, you do not need to take any specific action. Effective November 27, 2024, all our common shares were listed on the NYSE.
- Does Brazil Potash Corp. pay a dividend on its stock?
Brazil Potash Corp. currently intends to retain any future earnings to finance the development of our operations, and, therefore, does not intend to pay any cash dividends in the foreseeable future.
- Does Brazil Potash Corp. have a direct stock purchase plan?
At this time, Brazil Potash Corp. does not have a direct stock purchase program.
- Is Management selling its shares?
Each of our directors and executives, and each of our shareholders that holds at least 5% of our outstanding Common Shares immediately prior to the IPO, has agreed with the underwriters, subject to certain specified exceptions, not to offer, sell, contract to sell, grant any option for the sale of, pledge, transfer, or otherwise dispose of, any Common Shares for a period of 365 days following the date of this prospectus, unless the share price increases by at least 20% above the IPO price for 30 days upon which half of their shares are free trading, without the prior written consent of Cantor Fitzgerald & Co., as a representative for the underwriters.
- Who is Brazil Potash Corp.'s transfer agent?
Brazil Potash Corp.'s transfer agent is TSX Trust. They can be contacted at:
Address: TSX Trust, Investor Services, 100 Adelaide St W, Suite 301, Toronto, ON M5H 1S3, Canada
Phone: 416-342-1091; 1-866-600-5869
E-mail: tmxeinvestorservices@tmx.com- How do I transfer stock, change the address on my shareholder account, or replace a lost stock certificate?
If your shares are held through your brokerage account, you must contact your broker. If your shares are held directly by you in your name, please contact our transfer agent at:
Address: TSX Trust, Investor Services, 100 Adelaide St W, Suite 301, Toronto, ON M5H 1S3, Canada
Phone: 416-342-1091; 1-866-600-5869
E-mail: tmxeinvestorservices@tmx.com
General Information
- When is Brazil Potash Corp.'s fiscal year end?
Brazil Potash Corp. operates on a calendar year that ends on December 31.
- Who is Brazil Potash Corp.'s Independent Registered Public Accounting Firm?
Brazil Potash Corp.'s independent registered public accounting firm is MNP LLP.
- Who is Brazil Potash Corp.'s outside legal counsel?
Brazil Potash Corp.'s outside legal counsel is Wildeboer Dellelce LLP:
Wildeboer Dellelce LLP
Michael Rennie
365 Bay Street
Suite 800
Toronto, Ontario M5H 2V1
Canada- When and where is Brazil Potash Corp.'s next Annual Stockholders' Meeting?
The date, time and location of the Annual Meeting of Stockholders is announced in the company's annual proxy statement filed with the SEC and is available at: SEC Filings
- Who sits on Brazil Potash Corp.'s Board of Directors?
Information pertaining to Brazil Potash Corp.'s Board of Directors can be found on the Governance section of our investor relations website: Board of Directors
- When is Brazil Potash Corp.'s next earnings release?
When an earnings release is scheduled, all details will be posted on the investor relations website on the Events & Presentations tab
- Whom should I contact regarding investor inquiries?
You can contact Investor Relations via email at info@brazilpotash.com.
- Where can I find all of the SEC filings for Brazil Potash Corp.? Where can I download and view quarterly and annual reports?
All of Brazil Potash Corp.'s SEC filings are located on the SEC Filings tab of the website. Quarterly and annual reports are available on the Financials page or directly from the SEC at www.sec.gov.
- How do I get added to Brazil Potash Corp.'s email distribution list?
- To be added to Brazil Potash Corp.'s email distribution list, fill out the form found here: Investor Email Alerts
- How can I get a copy of the annual report?
- Annual reports are available on the Financials tab or directly from the SEC at www.sec.gov.