{"id":791323,"date":"2024-11-29T18:34:23","date_gmt":"2024-11-29T23:34:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/"},"modified":"2024-11-29T18:34:23","modified_gmt":"2024-11-29T23:34:23","slug":"brazil-potash-announces-closing-of-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/","title":{"rendered":"Brazil Potash Announces Closing of Initial Public Offering"},"content":{"rendered":"<div class=\"mw_release\">\n<p>MANAUS, Brazil, Nov.  29, 2024  (GLOBE NEWSWIRE) &#8212; Brazil Potash Corp. (\u201cBrazil Potash\u201d or the \u201cCompany\u201d) announced today the closing of its initial public offering (the \u201cIPO\u201d) of 2,000,000 of its common shares, no par value per share (\u201cCommon Shares\u201d), at a price to the public of US$15.00 per share. The gross proceeds to the Company from the IPO, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were US$30.0 million. In addition, the Company has granted the underwriters an option to purchase up to an additional 300,000 Common Shares, for a period of 30 days from the date of the final prospectus, to cover over-allotments, if any.<\/p>\n<p>The Common Shares commenced trading on the NYSE American on November 27, 2024 under the symbol \u201cGRO\u201d.<\/p>\n<p>Brazil Potash intends to use the net proceeds of the offering primarily to fund its pre-operation development expenses, to pay its current liabilities, and for working capital and general corporate purposes, which will include, among others, expenses relating to (i) obtaining and complying with its environmental licenses, (ii) engineering, procurement and construction for critical path items, and (iii) other pre-development matters, such as obtaining the environmental license, the mining concession, and other remaining required authorizations, permits and licenses for the Autazes Project, purchasing the remaining land for certain project sites, primarily consisting of the sites to be used for the dry stacked tailings piles, and maintaining its mineral rights.<\/p>\n<p>Cantor Fitzgerald &amp; Co., Banco Bradesco BBI S.A., Roth Capital Partners, LLC, Clarksons Securities, Inc. and Freedom Capital Markets acted as underwriters in the IPO.<\/p>\n<p>A registration statement on Form F-1 relating to the offering of the Common Shares in the IPO was filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) and was declared effective on November 26, 2024. The offering of Common Shares was made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald &amp; Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor, New York, New York 10022, or by email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aLc41irDcuL7L5rO2eEw8z7HZdFbLUMqziQeSa7ZeG4xq4u2efJ1FFe5xnQq2ApbuGkOzcxT_kRM8EZlI7fplL2gfDxYD6j5j6xIDU0JVoutT1DJ9eOvGW5Z05M2L9MX7M3EmhOvmMttb45bTRYEswrucrWtVD6CjxhNhhs1FxZEmY_-O5JVfRd34yBZZ3BwIiTDkDqgNWzKOflXRJrjaXtIQQoyO53SWWpqMvdU6LkAU4i4fkclQqZRXC9PgdqyAsAY-NrYleEaoOR-aWqTuAw5s4NL8HwK4wnz_YTAZhqbzqAjSBU8CwaYM50YeuGQCf_EHX6Yln9WDsgl7g2p2a38VmnXZQEPZjGgDQYLIgxex0WOqtH3KwB-utRoLDhdAZniRb2MeWPjpW7RsbPO0zQVhNmzTD4YZEfFaxGve9jJSCdIKDFK41i9OGN-yY7vV8vms-wmaZnLVY13M6C7uBffsw4TI-lW_0YYl0xzjjN9ITOZkIs3vIujBgLqoDSipIltjReyLiieROn0UJCzSeU0VfypfbcsNwonRP1VsZ_pevNnVfzzWI7ZNxMrXfoY\" rel=\"nofollow\" target=\"_blank\">p<u>rospectus@cantor.com<\/u><\/a>; or Bradesco Securities Inc., Attention: Isabella Behar, 450 Park Avenue, 32nd Floor, New York, New York 10022, or by email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zBKmXQdOdB2dUkS9FRvTYe08ReWQOaia0D1lCgfXRRPMoo7gnRcJrAG5DGOKAKl1TYClhxRgoDAr7xP5b3cMkC3wKB9jmj1Y01qPEDhoyCs-xRecoSHJeItNvV1VXuX8YpGcGnmxlcq3HNtu5fAUpI8Wa7W8xljpuRC6fwCJILhOOs2Kb9GU1Ks5eTG2MsgavlXi0A9n6nvmVj76O7wiAqYKZ8f23b4rZND71R0ryPrPY5WivNty3fa2o7J7d3fw39n28vidA79oEhqlJUEgKOOXLAPufXwt_0j_AVimzi3Z31WMiWUcE-JTZrxXzFB2f-YvcrxbSayol0Rs_9stQ2SiUl-Cc_toGDZAg0rnoYkKE6W6uUo8Pj7VpZ7DrNNpVbFniDSXMly_Bz59aDhUHnHxyWgpBmr1icWLxve1H9HaYl8JGw6UADbmJkyGIC99olKKYzpJ8hV9Ad3VS6rD0prdCxiD9A9B77F9OSwnTokychIufLGjK-49X12fdwuhpFaF39kfjbIYwBJYXHkmOZ9e7c3qyPbAvOICC6i_8bfkSPjHybgeQsEiJlGE58fBFJHTMRPvvELXbgyQagh0fQ==\" rel=\"nofollow\" target=\"_blank\"><u>bbi.ecm<\/u>@<u>bradescobbi.com.br<\/u><\/a>. Copies of the Company\u2019s registration statement can be accessed through the SEC\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IOR86FeOYiYlkkJgqRN--xue0gYVUFm1ynPRgZyN8b6ho6yWrSxtmBGej0qCnZqArDJFj06QqBM8LQqeUMFWMAJ6phy_3iB7VoOKwqChZku05i88vEEwASHCs1-E47FX_RKT03EVZ_ck0PIzO3TWILDzMNMX9bbUNwPhQUJevkZfuZHB7jOfB3n_NJAvUbBbryt70gMU9vmNFlsrx2JLhmFTdxrRTofMz91b9EFpbQ_q7wQ2Dvu90wDlLGuqnyODol1Vk7GxI5Mw9W9iQUPhutBCkzuNP-6b0UujX0lQ0ftwfLoVf9ynzjiLMy2h2i86UrCWVsmqFAmSpyqTeWzEgk9sOuSMenS9DTru13TDHgOaJ3qsS6He575uaFwemymFRKcqk3Ng-QysiOLD9qEHWz8OIp2tNvG8oqTZp1NyKfTcCPMM62T53aVnLxPh3WCcgYrugDP6OrkvDqYbIBn6oc2znsvfIA4GXWIhbpi3YfOeJWECwjd4XvhD7JJsQabscQeKvBthibL7ep8jL-ZS2w==\" rel=\"nofollow\" target=\"_blank\"><u>www.sec.<\/u>g<u>ov<\/u><\/a>.<\/p>\n<p>The Company has also obtained a receipt for a (final) base PREP prospectus filed with securities commissions or similar authorities in each of the provinces and territories of Canada, other than Qu\u00e9bec, on November 26, 2024. A copy of the supplemented PREP prospectus containing pricing information and other important information relating to the Common Shares may be obtained by contacting Cantor Fitzgerald Canada Corporation, Attention: Equity Capital Markets, 181 University Avenue, Suite 1500, Toronto, Ontario, Canada M5H 3M7, or by email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DnpSieqhsqrgn6rhNIEmsA3PyYNEwWWPcOgFoOEeg8vptri6YKcu8hXhoyWfa4XeyT2RMgWCUNCp5EE4PaV42glM6n1yIcVv0M382YncVzk=\" rel=\"nofollow\" target=\"_blank\">ecmcanada@cantor.com,<\/a> and will be available under the Company\u2019s SEDAR+ profile at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IOR86FeOYiYlkkJgqRN--wfyOVgFEeEIrTlvQxwcmYpSqG7pCTEsMCFuKAeeb13xedCkAY8494kSTAvTO-EhkVuMsWLR_bo2f-tQBlot-n2f34wYxtMNuvIFGhdXKirozL-62hyFB05Y5PoKQbX_-8SFpa7L_G85IgTlrgm8aNllH0u-3RX8lfP2TcQPykFQysPL9Js0v0JTKaiQyn9SIFP9Oq0sf_o4p0cVZfErj-rQDryySoULHizVgC8wU9jlA3vVhJMAVfsr-T2fLNKcDC2ueXF42plMHzs7ApHq4dChE1ZFG6gu_TIoL8_S9P9mEoGiTTjReGp8z-7eDJIufBbae60YCMT-o3QIuocewX6ubE1vBfbi7v_9MLWqOUQdHRmFn0L5gJtBUkSq2cuhXg==\" rel=\"nofollow\" target=\"_blank\">www.sedarplus.ca.<\/a><\/p>\n<p>This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, nor shall there be any sale of any securities of the Company in any state, province, territory, or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory, or jurisdiction. No securities regulatory authority has either approved or disapproved of the contents of this press release.<\/p>\n<p>\n        <strong>Advisors<\/strong>\n      <\/p>\n<p>Greenberg Traurig, P.A., acted as counsel for Brazil Potash in the United States and Wildeboer\u00a0Dellelce\u00a0LLP acted as counsel for Brazil Potash in Canada. Sidley Austin LLP acted as counsel for the Underwriters in the United States and Bennett Jones LLP acted as counsel for the Underwriters in Canada.<\/p>\n<p>\n        <strong>About Brazil <\/strong><br \/>\n        <strong>Potash<\/strong>\n      <\/p>\n<p>Brazil Potash is an exploration and development company with a potash mining project (the \u201cAutazes Project\u201d) located in the state of Amazonas, Brazil. The Company\u2019s technical operations are based in Autazes, Amazonas, Brazil and Belo Horizonte, Minas Gerais, Brazil, and its corporate office is in Toronto, Ontario, Canada. The Company is in the pre- revenue development stage and has not yet commenced any mining operations. The Company\u2019s plan of operations for the next few years includes securing all required environmental licenses for the Autazes Project, and, subject to securing sufficient funds, commencing all phases of the construction of the Autazes Project.<\/p>\n<p>\n        <strong>Cautionary Note Regarding Forward-Looking <\/strong><br \/>\n        <strong>Statements<\/strong>\n      <\/p>\n<p>This press release includes forward-looking statements, which are statements that are not historical facts. Words such as \u201cexpects\u201d, \u201canticipates\u201d and \u201cintends\u201d or similar expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements relating to the use of proceeds from the IPO and the underwriters\u2019 over-allotment option, are subject to risks and uncertainties, many of which are beyond the control of the Company, including those described in the \u201cRisk Factors\u201d section of the Company\u2019s registration statement on Form F-1, as amended, for the IPO filed with the SEC and the supplemented PREP prospectus filed in each of the provinces and territories of Canada, other than Qu\u00e9bec. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward- looking statements speak only as of the date hereof. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company\u2019s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, unless required by law.<\/p>\n<p>\n        <strong>For more information, please <\/strong><br \/>\n        <strong>contact:<\/strong>\n      <\/p>\n<p>Brazil Potash Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cjsTso_Lyz5MwrtcdJFune3KD0r_OtH0f3ZVArwd13TqerGP8B3c1xQCd6Dk6ES_9Aoeg9SxVKJ9dsacuxLLIM-fUlsNZ7JycBVSUbw6cII=\" rel=\"nofollow\" target=\"_blank\">info@brazilpotash.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NGUxZTI2MjEtMGQzYS00ZjliLWFkNzEtOTMyZjVkOGU3NDkzLTEyNDQyMzQ=\/tiny\/BRAZIL-POTASH-CORP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANAUS, Brazil, Nov. 29, 2024 (GLOBE NEWSWIRE) &#8212; Brazil Potash Corp. (\u201cBrazil Potash\u201d or the \u201cCompany\u201d) announced today the closing of its initial public offering (the \u201cIPO\u201d) of 2,000,000 of its common shares, no par value per share (\u201cCommon Shares\u201d), at a price to the public of US$15.00 per share. The gross proceeds to the Company from the IPO, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were US$30.0 million. In addition, the Company has granted the underwriters an option to purchase up to an additional 300,000 Common Shares, for a period of 30 days from the date of the final prospectus, to cover over-allotments, if any. The Common Shares commenced trading on the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Brazil Potash Announces Closing of Initial Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791323","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brazil Potash Announces Closing of Initial Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazil Potash Announces Closing of Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MANAUS, Brazil, Nov. 29, 2024 (GLOBE NEWSWIRE) &#8212; Brazil Potash Corp. (\u201cBrazil Potash\u201d or the \u201cCompany\u201d) announced today the closing of its initial public offering (the \u201cIPO\u201d) of 2,000,000 of its common shares, no par value per share (\u201cCommon Shares\u201d), at a price to the public of US$15.00 per share. The gross proceeds to the Company from the IPO, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were US$30.0 million. In addition, the Company has granted the underwriters an option to purchase up to an additional 300,000 Common Shares, for a period of 30 days from the date of the final prospectus, to cover over-allotments, if any. The Common Shares commenced trading on the &hellip; Continue reading &quot;Brazil Potash Announces Closing of Initial Public Offering&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-29T23:34:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Brazil Potash Announces Closing of Initial Public Offering\",\"datePublished\":\"2024-11-29T23:34:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/\"},\"wordCount\":931,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/\",\"name\":\"Brazil Potash Announces Closing of Initial Public Offering - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=\",\"datePublished\":\"2024-11-29T23:34:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/brazil-potash-announces-closing-of-initial-public-offering\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brazil Potash Announces Closing of Initial Public Offering\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Brazil Potash Announces Closing of Initial Public Offering - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/","og_locale":"en_US","og_type":"article","og_title":"Brazil Potash Announces Closing of Initial Public Offering - Market Newsdesk","og_description":"MANAUS, Brazil, Nov. 29, 2024 (GLOBE NEWSWIRE) &#8212; Brazil Potash Corp. (\u201cBrazil Potash\u201d or the \u201cCompany\u201d) announced today the closing of its initial public offering (the \u201cIPO\u201d) of 2,000,000 of its common shares, no par value per share (\u201cCommon Shares\u201d), at a price to the public of US$15.00 per share. The gross proceeds to the Company from the IPO, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, were US$30.0 million. In addition, the Company has granted the underwriters an option to purchase up to an additional 300,000 Common Shares, for a period of 30 days from the date of the final prospectus, to cover over-allotments, if any. The Common Shares commenced trading on the &hellip; Continue reading \"Brazil Potash Announces Closing of Initial Public Offering\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/","og_site_name":"Market Newsdesk","article_published_time":"2024-11-29T23:34:23+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Brazil Potash Announces Closing of Initial Public Offering","datePublished":"2024-11-29T23:34:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/"},"wordCount":931,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/","name":"Brazil Potash Announces Closing of Initial Public Offering - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=","datePublished":"2024-11-29T23:34:23+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTI5MTg5OCM2NjE2MzkwIzIyMzI2ODE="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/brazil-potash-announces-closing-of-initial-public-offering\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Brazil Potash Announces Closing of Initial Public Offering"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/791323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=791323"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/791323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=791323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=791323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=791323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}