Brazil Potash Awards Front End Engineering Design (FEED) Contract For Mine Shafts and Underground Development to WSP UK Ltd., with Redpath Deilmann Mining Inc. as Subconsultants, Completing Full-Project FEED Coverage at Autazes

 

Source:  Brazil Potash Corp 6/17/2026

With both FEED programs now awarded, Brazil Potash has secured comprehensive engineering design coverage across the entire Autazes Project, a key requirement for construction debt financing discussions currently underway with Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs)

Redpath Mining Inc., with 500+ shafts completed globally including among the most complex potash shafts of the last decade, engaged as subconsultants under the FEED for mine shafts and underground development, the critical path that defines the entire Autazes Project construction schedule

Following the award of the Surface Facilities and Infrastructure FEED to Wood and Promon Engenharia, this award completes full engineering design coverage across the entire Autazes Project

Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a mineral exploration and development company advancing the Autazes potash project in Amazonas State, Brazil (the “Autazes Project” or “Project”), is pleased to announce the award of a second Front-End Engineering Design (“FEED”) contract for mine shafts and underground development to WSP UK Ltd., with Redpath Deilmann (“Redpath”) as subconsultants for the mine shafts scope.

“Awarding this second FEED to WSP and Redpath means every component of the Autazes Project, both underground and surface, now has world-class engineering teams behind it. Redpath is among the most experienced teams globally in potash shaft sinking, and bringing them to Autazes gives our lenders and partners the engineering rigor they need to move forward. We are one step closer to the day Brazil stops importing 95% of its own fertilizer,” said Raphael Bloise, Project Director of Brazil Potash.

WSP UK Ltd. and Redpath were selected for their extensive global experience in potash shaft sinking, proven capability under complex geotechnical conditions, and Brazilian regulatory alignment through a standalone agreement with WSP Brasil.

Completing the FEED Program: Mine Shafts and the Path to Financing

With the Surface Facilities and Infrastructure FEED already awarded to Wood and Promon Engenharia, this award closes the loop on engineering design across the full Autazes scope. Mine shafts and underground development will now be developed to the same level of engineering fidelity as the surface works, creating a unified, lender-ready engineering basis for the entire Project. The completion of FEED studies is a critical milestone for securing construction debt financing, which is currently being advanced through ongoing dialogue with Development Finance Institutions and Export Credit Agencies. The FEED phase converts conceptual and pre-feasibility premises into detailed engineering documentation intended to support lender due diligence, establishing the foundations required for bankability, investment readiness, and long-lead procurement.

Global Expertise in Deep Potash Shafts and Critical-Path Risk

Redpath has participated in and delivered shaft sinking works on more than 500 shafts worldwide, including numerous historic shafts in the Saskatchewan potash basin in Canada, as well as major recent potash projects such as Jansen, Woodsmith, Rocanville, K3, and Nezhinsky, employing ground freezing and grouting techniques together with both mechanized and conventional shaft sinking methods, some of which have been completed and others are currently under execution.

Shaft sinking constitutes the critical path for the Autazes Project, the two shafts define the entire construction schedule. All subsequent infrastructure, including the processing plant, tailings, logistics, and underground development, depends on the timely and safe completion of the shafts.

WSP UK Ltd. and WSP Brasil: Engineering Backbone and Regulatory Integration

While Redpath leads shaft sinking and constructability, WSP UK Ltd. contributes the engineering backbone of the FEED — covering geomechanical analysis, freeze modelling, shaft liner design, and structural assessments. WSP Brasil supports compliance with Brazilian regulatory frameworks, integrating local execution with global engineering standards. Together, this integrated team is designed to provide lenders with confidence that the FEED meets both international best practice and Brazilian regulatory requirements.

Contractual Framework

The estimated total value of the FEED contract, subject to authorization of subsequent phases, is USD 26 million. At this time only the first phase, Early Works, has been awarded and spans 12 months with a value of USD 4.3 million and encompasses geotechnical investigation, freeze modelling, basis of design development, and the regulatory and engineering foundations required to advance to full FEED execution.

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 targeting a reduction of an estimated 1.4 million tons per year of GHG emissions.

 

Brazil Potash Signs MOU With Gera Center for 28-Year BOOT Power Contract, Delivering ~$10 Million in Net Savings and Eliminating ~$33 Million in Upfront Construction Capital

 

Source:  Brazil Potash Corp 5/19/2026

20MW modular diesel plant serves as primary construction power for two mine shafts, converting to a 23-year emergency backup system upon commencement of operations

Selected through a competitive process among 12 Amazon Region-experienced firms; 120-day mobilization to first power delivery and 98% contractual availability guaranteed during the backup phase

BOOT structure transfers ~$33 million in power generation capital from Brazil Potash’s upfront construction budget to operating costs spread over 28 years, and delivers ~$10 million in net savings over the contract life versus the Pre-Feasibility Study

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 the signing of a non-binding Memorandum of Understanding (MOU) with Gera Center Ltda. (“Gera Center”), a power generation company with proven experience operating in the Amazon region. The MOU outlines a 28-year Build, Own, Operate, Transfer (“BOOT”) contract for a modular diesel power plant that will serve as the primary energy source during construction and as an emergency backup system throughout the mine’s initial 23-year operating life. Gera Center was selected following a formal competitive procurement process and transfers approximately US$33 million in upfront power generation capital from the Project’s construction budget to operating costs spread over 28 years under the BOOT structure, while also delivering an estimated US$10 million in net savings over the contract life as compared to the Project’s Pre-Feasibility Study.

“This BOOT agreement with Gera Center provides reliable power for construction in a location where the grid is not yet available while reducing the upfront Project construction costs,” said Matt Simpson, Chief Executive Officer of Brazil Potash. “Gera Center was selected through a rigorous competitive process, and their proposal came in below our own PFS estimates by ~$10 million over the Project’s life. This same plant that powers construction becomes our emergency backup for the life of the mine, and is one of up to five BOOT contracts the Company is currently advancing as part of the Project construction funding strategy.”

Highlights

Under the terms of the MOU, Gera Center would supply, install, operate, and maintain 63 containerized modular diesel generator sets with a peak capacity of 20 megawatts (MW). The system is designed to be phased in line with growing construction energy demand — commencing at 10MW and ramping to 20MW over the first year — with initial power delivery available within 120 days of contract signing. Because conventional grid electricity is not available at the project site during construction, the plant will serve as the primary energy source for all civil works and shaft sinking activities.

Upon commencement of mine operations, the same system transitions to a 23-year emergency backup role, ensuring continuity of production in the event of any disruption to the primary 500 kV transmission line connecting the Project to the Brazilian national grid. Gera Center is contractually required to maintain a minimum 98% operational availability during this phase, with a maximum two-hour response time to any critical incident. Ownership of all power infrastructure transfers to Brazil Potash at the end of the 28-year contract term.

Gera Center was selected through a formal competitive process led by Brazil Potash’s Project Director, Raphael Bloise, in which 12 firms with demonstrated Amazon Region experience were invited to tender, eight submitted formal proposals, and four were shortlisted for final evaluation. Proposals were refined through in-person and virtual sessions with the technical teams. Gera Center ranked first on both technical and commercial criteria across the full 28-year contract horizon, delivering approximately $10 million in savings versus the Pre-Feasibility Study budget and advancing the Company’s broader strategy to BOOT most major non-core project infrastructure.

Next Steps

The parties will work toward the execution of definitive agreements in the coming months. There can be no assurance that the definitive documentation related to the transactions set forth in the MOU will be agreed upon or signed, or that, if signed, such transactions will be consummated, or as to the final terms and conditions related to such transactions. The power generation system is expected to be fully installed and delivering primary construction power within the 120-day mobilization window following contract execution, in alignment with the Autazes Project’s shaft-sinking schedule.

About Gera Center

Founded in 1991, Gera Center (www.geracenter.com.br) is a Brazilian power generation company with more than 35 years of expertise in mission-critical energy solutions for the industrial, mining, agribusiness, infrastructure, and construction sectors. Headquartered in Manaus, the company specializes in turnkey power generation systems, including the engineering, installation, operation, and maintenance of modular diesel power plants, with extensive experience supporting remote and logistically complex operations throughout the Amazon region.

Under the proposed 28-year (5+23) contract for the Brazil Potash Autazes Project, Gera Center will deploy a 20 MW modular power plant utilizing high power-density technology designed to optimize footprint efficiency while minimizing environmental impact. The project is expected to create approximately 200 direct and indirect jobs during both the implementation and operational phases.

The company maintains a strong commitment to environmental responsibility through the use of modern low-emission equipment, optimized fuel and operational efficiency, and sustainable waste management practices focused on recycling and responsible disposal of operational residues whenever feasible.

Recognized for its operational reliability, rapid mobilization capacity, and technical excellence, Gera Center is committed to delivering uninterrupted and secure energy solutions for critical infrastructure and large-scale industrial projects across Brazil.

About Brazil Potash Corp.

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.

 

Brazil Potash Awards Front-End Engineering Design (FEED) Contract for Surface Facilities and Infrastructure to Wood and Promon Engenharia, Advancing Bankability of the Autazes Project

 

Source:  Brazil Potash Corp 5/6/2026

FEED completion is a prerequisite for construction debt financing, currently being advanced through active dialogue with Development Finance Institutions (DFIs) and Export Credit Agencies (ECAs)

Wood, a global leader in consulting, engineering and operations for the energy and materials sector, has direct potash project experience at K+S Bethune and multiple Canadian and international potash expansions

Promon Engenharia is one of Brazil's leading EPCM contractor with 60+ years of in-country delivery and clients including major and junior mining companies

Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a mineral exploration and development company advancing the Autazes potash project in Amazonas State, Brazil (the “Autazes Project”), is pleased to announce the award of a Front-End Engineering Design (“FEED”) contract for the processing plant, tailings facility, river barge port, and the upgrade of approximately 13 km of road connecting the plant to port, to a consortium of Wood and Promon Engenharia (“Promon”).

“Wood’s track record in potash and large-scale fertilizer infrastructure, combined with Promon’s extensive knowledge of how to build in Brazil, gives us exactly the right consortium to deliver the surface FEED our lenders and partners need to see” said Raphael Bloise, Project Director Brazil Potash.

Wood and Promon were selected for their complementary and directly applicable experience, global potash and fertilizer engineering leadership paired with deep, on-the-ground Brazilian execution capability.

Surface Infrastructure and the Path to Financing

The completion of FEED studies is a critical milestone for securing construction debt financing, which is currently being advanced through active dialogue with Development Finance Institutions and Export Credit Agencies. It converts early assumptions into independently verifiable, investment-grade outputs— providing CAPEX and OPEX accuracy, risk quantification, constructability analysis, and environmental, social and governance (ESG) documentation that lenders require before committing capital.

This FEED also ensures alignment across all interdependent surface systems, processing throughput, water balance, power demand, tailings capacity, and port logistics, under a single, coherent engineering framework.

Wood: Potash and Fertilizer Engineering at Global Scale

Wood is a global leader in consulting, engineering and operations for the energy and materials sectors. Their portfolio of relevant project experience includes serving as engineering contractor for K+S’s Bethune potash mine in Canada, one of the most significant fertilizer developments of the past decade, and multiple Canadian and international potash project expansions exceeding 8 million annual tonnes of production. Wood brings proven capability across the full spectrum of surface infrastructure required at Autazes.

Promon Engenharia: Brazilian Engineering and Construction Expertise

Promon Engenharia is one of Brazil’s most established engineering and project management companies, with more than six decades of experience executing complex industrial and mining projects across the country, including involvement in some of Brazil’s largest fertilizer developments. With a client base that includes Brazilian and international mining operators, and a strong track record in Northern Brazil, Promon Engenharia brings Brazilian-domiciled engineering and EPCM capabilities that are essential for project execution in Amazonas State.

Promon Engenharia’s contribution to the consortium includes ensuring full compliance with Brazilian engineering standards and construction regulations, integrating with local supply chains and labor markets, and producing designs compatible with Brazilian environmental licensing, permitting processes, and logistical realities, helping reduce execution risk and supporting the delivery of value-creating solutions for clients.

Annual Report Filing

Brazil Potash confirms that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission. The annual report, including the Company's complete audited financial statements, is available on the Company's website at www.brazilpotash.com and on the SEC's website at www.sec.gov. Shareholders may request a hard copy of the Company's complete audited financial statements free of charge by contacting Brazil Potash Investor Relations at info@brazilpotash.com.

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.

 

BioStem Technologies Announces the Publication of its Audited Financial Statements for Fiscal Years 2024 and 2025

 Source:  BioStem Technologies, Inc. 3/30/2026

The Company continues its progression towards a Nasdaq uplisting

BioStem Technologies, Inc. (OTC: BSEM), a leading regenerative medicine company focused on the development, manufacturing, and commercialization of perinatal tissue allograft products, today announced that it has filed its audited consolidated financial statements as of and for the fiscal years ended December 31, 2024 and 2025. The financial statements are available for review in their entirety on the OTC Markets website here. With the publication of the audited consolidated financial statements, BioStem has taken another significant step toward a Nasdaq uplisting.

“We are pleased to have published our audited financial statements for 2024 and 2025, which marks an important milestone for the Company. Along with the appointment of a new CFO, auditor and audit committee chair, this achievement highlights the significant effort we have made to establish robust financial reporting processes and positions the Company to advance our corporate initiatives, including an uplist to Nasdaq,” said Jason Matuszewski, Chairman and CEO of BioStem. “Listing on Nasdaq remains a top priority that would increase visibility, improve stock liquidity, provide a more precise market valuation, and enhance our ability to attract top talent to BioStem.”

About BioStem Technologies, Inc. (OTC: BSEM): BioStem Technologies is a publicly traded, biomedical innovator, focused on developing, manufacturing and commercializing advanced allograft solutions derived from perinatal tissue. The company leverages its industry-leading proprietary BioRetain^®, CryoTek^® and SteriTek^® processing technologies, designed to optimize the preservation of the natural properties of these tissues, supporting their use in clinical settings. Its allografts are used by clinicians across a wide range of specialties. With a growing portfolio of products, expanding clinical research initiatives, and a national commercial footprint, BioStem is committed to advancing innovation in regenerative medicine.

BioStem Technologies’ quality management system and standard operating procedures have been reviewed and accredited by the American Association of Tissue Banks (“AATB”). These systems and procedures are established in compliance with current Good Tissue Practices (“cGTP”) and current Good Manufacturing Processes (“cGMP”). BioStem’s portfolio of quality brands includes its Neox^®, Clarix^®, VENDAJE^® and American Amnion™ product lines.

 

BioStem Appoints Jodi Ungrodt to Board of Directors as Audit Committee Chair

 

Source:  BioStem Technologies, Inc. 3/23/2026

SEC-Qualified Financial Expert and Life Sciences Veteran Brings 29 Years of Accounting Leadership to the Board

BioStem Technologies (OTC: BSEM), a leading MedTech company focused on the development, manufacturing, and commercialization of placental-derived products for advanced wound care, today announced the appointment of Jodi Ungrodt to its Board of Directors, where she will also serve as Chair of the Audit Committee, effective March 18, 2026.  

Ungrodt brings nearly three decades of financial leadership to the role, having spent her career as a senior partner at Ernst & Young advising life sciences companies on initial and secondary public offerings, business combinations, risk assessment and regulatory compliance. She is qualified to serve as a financial expert under SEC, NYSE, and NASDAQ rules.

“I am excited to welcome Jodi to our board as we undertake this expansion of our business beyond chronic wound care,” said Jason Matuszewski, Chairman and CEO of BioStem Technologies. “Along with the business expansion, we also plan to raise our profile in the public markets in 2026. Jodi’s twenty-nine years of life sciences accounting experience at Ernst & Young, along with her track record advising more than thirty IPOs and deep regulatory and government expertise, will make a terrific addition to our board governance during this pivotal time.”

BioStem is an emerging leader in placental and umbilical cord–derived tissue products used by clinicians across a variety of medical specialties. Their proprietary allograft portfolio is derived from donated birth tissue and proprietary processes are designed to optimally preserve the tissue’s natural properties. The company continues to conduct leading-edge research to expand the scientific understanding of placental-derived tissue products and to bring new products to market.

As Audit Committee Chair, Ungrodt will oversee the company’s financial reporting, internal controls and risk management practices. Her prior experience includes serving as Chair of the Audit Committee for Feeding San Diego, where she provided accounting, budgeting and risk assessment guidance for over a decade. She is also an Advisory Board Member for Life Science Cares. During her tenure at EY, Ungrodt served more than 70 companies across the Life Sciences sector.

“I am excited to join BioStem’s board at this pivotal time in the company’s growth,” said Ungrodt. “BioStem stands out as one of the most innovative companies in the MedTech sector, driven by strong momentum in the chronic wound market and its recent expansion into acute applications of its industry-leading technologies. These technologies have tremendous potential to improve outcomes in patients, and I’m honored to take on this important role as the company continues to scale and innovate in this space.”

Ungrodt holds a BS in Accounting from San Diego State University and is a Certified Public Accountant and member of the American Institute of Public Accountants and the California Society of CPAs.

Ungrodt replaces former board member Brandon Poe, who accepted the role of BioStem’s chief financial officer in August 2025. Poe brings more than 25 years of finance leadership experience across the healthcare and life sciences sectors. He served on BioStem’s Board of Directors for three years before joining the organization.

About BioStem Technologies, Inc. (OTC: BSEM): BioStem Technologies is a publicly traded, biomedical innovator, focused on developing, manufacturing and commercializing advanced allograft solutions derived from perinatal tissue. The company leverages its industry-leading proprietary BioRetain®, CryoTek® and SteriTek® processing technologies, designed to optimize the preservation of the natural properties of these tissues, supporting their use in clinical settings. Its allografts are used by clinicians across a wide range of specialties. With a growing portfolio of products, expanding clinical research initiatives, and a national commercial footprint, BioStem is committed to advancing innovation in regenerative medicine.

BioStem Technologies’ quality management system and standard operating procedures have been reviewed and accredited by the American Association of Tissue Banks (“AATB”). These systems and procedures are established in compliance with current Good Tissue Practices (“cGTP”) and current Good Manufacturing Processes (“cGMP”). BioStem’s portfolio of quality brands includes its Neox®, Clarix®, VENDAJE® and American Amnion™ product lines.

 

BioStem Technologies Highlights Alignment with FDA’s Openness to Bayesian Statistical Approaches in Clinical Research

 

Source:  BioStem Technologies, Inc. 2/3/2026

BioStem Technologies, Inc. (OTC: BSEM), a leading MedTech company focused on the development, manufacturing, and commercialization of perinatal tissue derived products for advanced wound care, today underscored the significance of recent remarks from U.S. Food and Drug Administration (FDA) leadership signaling openness to expanded use of Bayesian statistical methodologies in clinical trial design and analysis.

FDA Commissioner, Dr. Martin Makary recently described the agency’s evolving stance on Bayesian approaches as a “leap forward” for clinical science, noting their potential to improve trial design, dose optimization, pediatric extrapolation, and integration of early-phase data into later-stage studies — a shift aligned with emerging regulatory guidance on Bayesian methods from the agency.

“This is an important and very positive signal from FDA leadership validating the advanced statistical analysis model used in our recently published peer reviewed randomized controlled trial that demonstrates superior outcomes with BioRetain^® - processed allografts in diabetic foot ulcers,” said Jason Matuszewski, CEO and Chairman of BioStem Technologies. “We believe incorporating these metrics into clinical studies enables more efficient discovery; and in terms of our study, helps clinicians better understand the real-world complex wound healing performance of our products.”

In BioStem’s published DFU analysis, Bayesian regression and hurdle modeling were used to move beyond traditional binary endpoints, enabling the company to quantify probability of wound closure, magnitude of response, and treatment effect across heterogeneous patient populations. Similar statistics are expected to be included in the analysis of the Company’s ongoing VLU and DFU studies to enhance the understanding of the clinical benefits of the BioRetain technology.

That recently published study demonstrated that BioRetain-processed allografts achieved superior clinical outcomes in the treatment of patients with DFUs. Importantly, utilizing complete closure instead of initial incidence of closure, the BR-AC arm was almost twice as likely to achieve lasting wound closure than patients treated with standard of care alone. This trial was conducted with a degree of rigor not typically seen in the published literature. The patient selection criteria ensured that only those patients with the hardest-to-heal wounds were enrolled, and the definition of closure followed the 2006 FDA guidance for cutaneous ulcers, the most rigorous standards established.

“These approaches allow us to generate the kind of clinically meaningful insights that physicians, health systems, and policymakers actually need,” Matuszewski added. “Bayesian methodologies are particularly powerful in regenerative medicine and wound care, where datasets are often smaller, variability is high, and real-world evidence matters.”

Echoing this sentiment, Zwelithini Tunyiswa, CEO of Open Wound Research, noted, “FDA Commissioner Makary’s endorsement of Bayesian methods is a welcome recognition of the value these approaches bring to data analysis, synthesis, and planning. Bayesian methods ​allow for innovative designs, and more efficient use of time and resources through the principled incorporation of prior information and sequential learning. Moreover, their reporting of posterior probabilities oftentimes aligns better with wound-care stakeholders where decision-making under uncertainty is key.”

Bayesian statistical frameworks enable the responsible incorporation of prior knowledge alongside new data, supporting probabilistic interpretation and more informed clinical decision-making without compromising scientific rigor. BioStem believes these methods are well suited to biologic technologies and complex wound environments, where patient response can vary widely.

“Seeing the FDA openly embrace these tools is a strong step toward modernizing how evidence is evaluated and how innovation can move efficiently and safely to patients,” Matuszewski said.

BioStem remains committed to advancing evidence-based innovation in wound care through rigorous clinical research and real-world data analysis, supported by its proprietary BioRetain^® process and CryoTek^® cryopreservation technology, both designed to optimize preservation of the natural structural and biological integrity of amniotic tissue.

About BioStem Technologies, Inc. (OTC: BSEM): BioStem Technologies is a leading innovator focused on harnessing the natural properties of perinatal tissue in the development, manufacture, and commercialization of allografts for regenerative therapies. The Company is focused on manufacturing products that change lives, leveraging its proprietary BioRetain^® processing method. BioRetain^® has been developed by applying the latest research in regenerative medicine, focused on maintaining growth factors and preserving tissue structure. BioStem Technologies’ quality management system and standard operating procedures have been reviewed and accredited by the American Association of Tissue Banks (“AATB”). These systems and procedures are established in compliance with current Good Tissue Practices (“cGTP”) and current Good Manufacturing Processes (“cGMP”). Our portfolio of quality brands includes VENDAJE^®, VENDAJE AC^®, American Amnion™, American Amnion AC™, and Neox^® and Clarix^® product lines.

 

Brazil Potash Formalizes Cooperation Agreement With Mura Indigenous Council for Sustainable Territorial Development in Autazes

 

Source:  Brazil Potash Corp 3/23/2026

 

Agreement establishes a framework for social development, cultural appreciation, income generation and institutional strengthening for the Mura Indigenous communities of Autazes

Structured governance and continuous dialogue mechanisms to monitor implementation across all 37 Mura villages

Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a mineral exploration and development company advancing the Autazes potash project in Amazonas State, Brazil (the “Autazes Project” or “Project”), today announced that Potassium do Brasil, its Brazilian operating subsidiary, has formalized a Term of Commitment and Cooperation with the Mura Indigenous Council (Conselho Indígena Mura — “CIM”), establishing a framework for joint action aimed at sustainable territorial development and the improvement of living conditions in indigenous communities in the municipality of Autazes, in Amazonas.

The signing was attended by representatives of Potassium do Brasil, including Project Director Raphael Bloise and the technical team, as well as CIM leaders including General Coordinator Kleber Mura, Deputy Coordinator Adnelson Mura, and Secretary General Matilde Mura, along with legal counsel for the Council.

Raphael Bloise, Project Director of Potassium do Brasil, commented:

“This agreement reinforces our commitment to building, in a responsible and transparent way, a long-term relationship with the communities in the territory. Our goal is to contribute to a development that generates shared value, respecting local culture, rights and priorities.”

The General Coordinator of the CIM, Kleber Mura, added:

“This agreement ensures that our voice continues to be heard and that the benefits reach our communities directly. It is a decisive step for the Good Living of our 37 villages.”

The agreement is part of the broader suite of initiatives associated with the Autazes Project, a strategically important undertaking for Brazilian food security that will contribute to domestic fertilizer production and reduce the country’s dependence on potash imports.

Strengthening the Bem Viver Mura Program

The Cooperation Agreement provides the foundation for strengthening the Bem Viver Mura Program, an initiative structured to support action across four pillars: social development, cultural appreciation, income generation, and institutional strengthening. The planned actions are designed to improve quality of life within the communities involved, with full respect for their socio-cultural specifics, ways of life, and the territorial dynamics of the region.

Commitments and Principles of Action

The agreement is grounded in principles of good faith, transparency, respect for indigenous rights, and continuous dialogue, and is aligned with the guidelines of Convention No. 169 of the International Labour Organization (“ILO”) and international best practices for engagement with indigenous peoples. The consultation and engagement process with communities continues to evolve with a focus on active listening, collaborative solutions, and respect for the full diversity of perspectives across the territory.

Governance and Monitoring

The Cooperation Agreement establishes monitoring mechanisms and structured dialogue, including regular interaction between the parties to track the implementation of actions and promote adjustments over time. The governance framework is designed to ensure transparency, predictability, and ongoing participation throughout the Project’s development cycle.

BOOT Power Supply Arrangements

As previously disclosed, the Company entered into a non-binding memorandum of understanding (the “MOU”) with Fictor Energia S.A. (“Fictor”) for a build-own-operate-transfer (“BOOT”) power supply arrangement for the Autazes Project, contemplating the construction and operation of an approximately 300 MW power generation facility at an estimated construction cost of approximately US$200 million. The MOU has lapsed in accordance with its terms and has not been renewed or extended. The Company is actively engaged in discussions with other power supply providers regarding similar BOOT or other power supply arrangements for the Autazes Project. There can be no assurance that the Company will be able to enter into a definitive power supply agreement on acceptable terms, or at all.

Going Concern

Brazil Potash filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on March 23, 2026. As disclosed in the Form 20-F, the audited consolidated financial statements for the fiscal year ended December 31, 2025 contained an audit opinion from the Company’s independent registered public accounting firm that included an emphasis of matter paragraph relating to substantial doubt about the Company’s ability to continue as a going concern. This announcement is made pursuant to Section 610(b) of the NYSE American Company Guide, which requires a separate public announcement of the receipt of an audit opinion containing a going concern emphasis. This announcement does not represent any change or amendment to the Company’s audited consolidated financial statements or its annual report on Form 20-F for the fiscal year ended December 31, 2025.

About the Mura Indigenous Council (CIM)

The Mura Indigenous Council is the representative entity of the Mura people in Autazes, acting in the defence of collective rights, cultural appreciation and institutional strengthening of their communities.

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 2024, 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.