Brazil Potash

Brazil Potash

Growth Stage

FROM THE EARTH TO THE EARTH

FROM THE EARTH TO THE EARTH

Overview

Raised to Date: Raised: $40,465,188

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

05/04/2020

Close Date

Not Provided

Min. Goal
$2,500
Max. Goal
$50,000,000
Min. Investment

$2,500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$50,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$43,511

# of Investors

257

Momentum
Funded
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Year Founded

2006

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Toronto, Ontario

Business Type

Growth

Brazil Potash is raising funds on Dalmore Group through Reg A+ crowdfunding. The company aims to create a complete cycle wherein potash is extracted from underground and processed to make fertilizer for Brazilian fields. The operation will help in reducing greenhouse gas emissions resulting from the international transportation of potash. Brazil Potash has received approvals and commenced environmental and feasibility studies and plans to begin its operations soon. Matthew Simpson founded Brazil Potash in 2006. The current crowdfunding campaign has no minimum target and a maximum target of $50,000,000. The campaign proceeds will be used for project development, working capital, and general corporate purposes.

Balance Sheet

Cash and Cash Equivalents

$72,438

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$518,670

Loans

$0

Property, Plant and Equipment (PP&E)

$927,574

Property and Equipment

$0

Total Assets

$116,458,290

Accounts Payable & Accrued Liabilities

$8,081,091

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$11,506,721

Total Stockholders' Equity

$104,951,569

Total Liabilities and Equity

$116,458,290

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$10,904,433

Total Interest Expenses

$0

Depreciation and Amortization

$5,647

Net Income

$-11,234,783

Earnings Per Share - Basic

$-0.09

Earnings Per Share - Diluted

$-0.09

Auditor: KPMG LLP
Financials as of: 05/04/2020
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Brazil Potash on Dalmore Group 2021
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $50,000,000
Price per Share: $4.00

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