Brazil Potash Engages Investors at Upcoming Conferences Despite Financial Concerns

Brazil Potash announces its participation in key investor conferences in May and June 2025, focusing on its potash mining initiatives even as it faces financial scrutiny.

Conferences Overview

Brazil Potash Corp. plans to partake in several significant mining and agriculture investor conferences, including the International Fertilizer Association Conference in Monaco and the BMO Global Farm to Market Conference in New York. The company is advancing its Autazes Project, which aims to produce potash fertilizer. Their recent annual report reveals a going concern qualification in its audit opinion about financial stability as of December 31, 2024. The firm seeks to meet 20% of Brazil’s potash demand by producing up to 2.4 million tons annually, thus lessening the country’s dependence on imported potash. This potash will be transported via river barges, aligning with their commitment to sustainability and emissions reduction. Notably, the press release contains forward-looking statements that are subject to various uncertainties.

Potential Advantages of Engagement

• Participation in major investor conferences may increase visibility and draw investment for Brazil Potash.
• The Autazes Project could significantly bolster Brazil’s agricultural sector while reducing import reliance.
• Potential annual production of 2.4 million tons positions Brazil Potash as a vital market player.
• Utilizing low-cost river barges for transportation could enhance operational efficiency and reduce costs.

Challenges Ahead

• The going concern qualification highlights serious concerns regarding financial stability and the company’s ability to operate.
• This qualification could undermine investor confidence and complicate capital-raising efforts.
• Engaging in multiple conferences may be interpreted as a strategy to reassure stakeholders amid financial uncertainties.

Frequently Asked Questions

What is Brazil Potash’s conference schedule?

The company will participate in the IFA, BMO Global Farm to Market, and CG Global Metals & Mining conferences.

What is the Autazes Project?

The Autazes Project aims to establish a potash mining operation dedicated to sustainable fertilizer production.

What production capacity does Brazil Potash anticipate?

The firm plans to produce up to 2.4 million tons of potash annually, potentially covering 20% of Brazil’s demand.

What does the going concern qualification signify?

This qualification raises questions about the company’s viability moving forward.

How will Brazil Potash assist Brazil’s agricultural sector?

The initiative focuses on reducing import reliance and cutting greenhouse gas emissions through domestic production.

Full Release

MANAUS, Brazil, May 01, 2025 (GLOBE NEWSWIRE) — 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, today announced its participation in several upcoming mining and agriculture investor conferences in May and June 2025.

Upcoming Conferences

Senior management will participate in the following conferences:

• International Fertilizer Association (IFA) Conference
  – May 12-14, 2025 in Monaco
• BMO Global Farm to Market Conference
  – May 14-15, 2025 in New York, NY
• CG Global Metals & Mining Conference
  – May 20-22, 2025 in Henderson, NV
• Wells Fargo Industrials Conference
  – June 10, 2025 in Chicago, IL

Going Concern Qualification

Brazil Potash filed the Company’s annual report on Form 20-F on March 28, 2025, as amended on April 9, 2025, revealing that its independent registered public accounting firm issued a going concern qualification for the fiscal year ended December 31, 2024. This announcement complies with NYSE American Company Guide. The Company stresses that this does not amend its 2024 audited financial statements.

About Brazil Potash

Brazil Potash (NYSE-American: GRO) is advancing the Autazes Project to provide sustainable fertilizers to one of the world’s largest agricultural exporters. Brazil plays a crucial role in global food security due to its abundance of fresh water, arable land, and favorable climate. Despite having substantial potash reserves, the country imported over 95% of its potash in 2021. The produced potash will be transported primarily via river barges in collaboration with Amaggi, one of Brazil’s largest agricultural operators. The projected annual production of up to 2.4 million tons could meet approximately 20% of Brazil’s current potash requirements while also decreasing greenhouse gas emissions by around 1.4 million tons annually.

Forward-Looking Statements Disclaimer

All statements, aside from historical facts, in this press release are “forward-looking statements” based on the Company’s expectations and estimates at the time of writing. Words such as “plans,” “expects,” or “believes” indicate forward-looking statements. These statements involve considerable uncertainties and contingencies. The Company disclaims any obligation to update forward-looking statements, except as required by law. Readers are cautioned against placing undue reliance on them.

Contact:

Brazil Potash Investor Relations
[email protected]