Brazil Potash Mandates BTIG to Lead Project-Level Equity Financing for Construction, with a Goal to Minimize Dilution to Shareholders

 

Source:  Brazil Potash Corp 11/3/2025

 Goal to have the bulk of equity for construction capital raised at the Brazil asset level, preserving the corporate capital structure while bringing in strategic partners

Brazil Potash Corp. ("Brazil Potash" or the "Company") (NYSE American: GRO), a mineral exploration and development company with a critical mineral potash mining project, the Autazes Project (the "Project"), today announced it has appointed BTIG, LLC as its lead financial advisor to secure an equity investment at the project level to fund construction of the Project.

Under the mandate, BTIG will attempt to identify and engage new strategic partners to invest directly at the project entity level. This structure enables Brazil Potash to ideally secure substantial construction funding at the project entity level with less direct dilution on existing shareholders.

"Engaging BTIG represents an important step forward as we advance toward construction of the Autazes Project," said Matt Simpson, Chief Executive Officer of Brazil Potash. "If successful, this asset-level financing approach will allow us to bring in new strategic partners at the project level to fund a significant portion of our construction requirements while maintaining our commitment to existing shareholders. BTIG's mandate covers international markets, complementing our ongoing discussions with select strategic parties in Brazil, China and select other regions where we have existing relationships, ensuring we pursue all available financing pathways efficiently. BTIG's deep expertise in the chemicals, minerals, and natural resources sectors and extensive global network make them the ideal partner to help us secure the capital required to bring this world-class potash project into production."

The Company continues to explore additional pathways to optimize its capital structure, including similar carve-out opportunities for discrete project components as demonstrated by the recent Fictor Energia partnership for power transmission infrastructure.

About Brazil Potash
Brazil Potash (NYSE-American: GRO) (www.brazilpotash.com) is developing the Autazes Project to supply sustainable fertilizers to one of the world’s largest agricultural exporters. Brazil is critical for global food security as the country has amongst the highest amounts of fresh water, arable land, and an ideal climate for year-round crop growth, but it is vulnerable as it imported over 95% of its potash fertilizer in 2021, despite having what is anticipated to be one of the world’s largest undeveloped potash basins in its own backyard. The potash produced will be transported primarily using low-cost river barges on an inland river system in partnership with Amaggi (www.amaggi.com.br), one of Brazil’s largest farmers and logistical operators of agricultural products. With an initial planned annual potash production of up to 2.4 million tons per year, Brazil Potash’s management believes it could potentially supply approximately 20% of the current potash demand in Brazil. Management anticipates 100% of Brazil Potash’s production will be sold domestically to reduce Brazil’s reliance on potash imports while concurrently mitigating approximately 1.4 million tons per year of GHG emissions.