Brazil Potash Corp. announced the successful launch of its Brazilian Depositary Receipts (BDRs) on the B3 S.A. – Brasil, Bolsa, Balcão ('B3'), Brazil's main stock exchange. The BDRs began trading on May 26, 2025, under the ticker symbol GROP31.
This BDR program allows Brazilian investors to directly participate in the ownership of Brazil Potash, which is developing the strategic Autazes Potash Project. CEO Matt Simpson stated that this investment opportunity aligns with Brazil's National Fertilizer Plan to reduce dependence on fertilizer imports.
The BDRs are backed by Brazil Potash's common shares, which continue to trade on the NYSE American exchange under 'GRO'. This dual listing strategy is expected to enhance the company's visibility in both North American and Brazilian capital markets, improving liquidity and broadening its investor base.
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