Brazil Potash Corp. Secures Up to $75 Million Equity Line of Credit Partnership with Alumni Capital
Brazil Potash Corp. has partnered with Alumni Capital LP to establish an equity line of credit (ELOC) agreement, allowing the company to sell up to $75 million in common shares over 24 months. This funding will support the Autazes Potash Project, enhancing capital access for construction activities and contributing to global food security, according to CEO Matt Simpson.
Brazil Potash Corp. has announced a new partnership with Alumni Capital LP, an institutional investor, through an equity line of credit (ELOC) agreement. Under this partnership, Brazil Potash can sell up to $75 million worth of common shares to Alumni Capital over a 24-month period. This collaboration is expected to provide Brazil Potash with flexible funding to advance the Autazes Potash Project, a critical mineral development initiative. According to CEO Matt Simpson, the agreement will enable efficient capital access for early works construction activities while supporting global food security. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brazil Potash Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9445122-en) on May 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
