Brazil Potash Corp.
General Information | |
Business: | We are a pre-revenue mining company focused on potash, a major fertilizer. (Incorporated in Ontario, Canada)We are a mineral exploration and development (E&D) company with a potash mining project, known as the Autazes Project, located in the state of Amazonas, a state in Brazil. We are a pre-revenue company that has not yet begun any mining operations. We are focused on getting the required permits and environmental licenses to start construction on the mining site. We plan to extract and process potash ore from an underground mine and sell the potash fertilizer within Brazil. We intend to cut the country’s heavy reliance on imported potash.Our technical operations are based in Autazes, Amazonas, Brazil, and Belo Horizonte, Minas Gerais, Brazil. Our corporate office is in Toronto, Ontario, Canada.Once our operations commence, our operating activities will be focused on the extraction and processing of potash ore from our underground mine and selling and distributing the processed potash in Brazil.Note: Net loss and zero revenue are for the 12 months that ended June 30, 2024.(Note: Brazil Potash Corp. disclosed the terms for its IPO in an F-1/A filing dated Oct. 23, 2024: The company is offering 4.25 million shares at a price range of $15.00 to $18.00 to raise $70.13 million. Background: Brazil Potash Corp. filed its F-1 for its IPO on Aug. 20, 2024, without disclosing terms for its IPO. Background: Brazil Potash Corp. submitted a confidential IPO filing to the SEC in late 2022.)
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Industry: | MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) |
Employees: | 15 |
Founded: | 2006 |
Contact Information | |
Address | 198 Davenport Road Toronto, Ontario, Canada M5R 1J2 |
Phone Number | (416) 309-2963 |
Web Address | http://www.brazilpotash.com/ |
View Prospectus: | Brazil Potash Corp. |
Financial Information | |
Market Cap | $669.7mil |
Revenues | $0 mil (last 12 months) |
Net Income | $-16.03 mil (last 12 months) |
IPO Profile | |
Symbol | GRO |
Exchange | NYSE |
Shares (millions): | 4.3 |
Price range | $15.00 - $18.00 |
Est. $ Volume | $70.1 mil |
Manager / Joint Managers | Cantor/ Bradesco BBI/ Freedom Capital Markets/Roth Capital Partners |
CO-Managers | Clarksons Securities |
Expected To Trade: | 11/21/2024 |
Day: | Thursday |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |