Brazil Potash (GRO) announced it has appointed BTIG as its lead financial advisor to secure an equity investment at the project level to fund construction of the Project. Under the mandate, BTIG will attempt to identify and engage new strategic partners to invest directly at the project entity level. This structure enables Brazil Potash to ideally secure substantial construction funding at the project entity level with less direct dilution on existing shareholders.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GRO:
- Brazil Potash Secures Major Offtake Agreement with Kimia Solutions
- Brazil Potash Secures 91% of Future Production with Key Offtake Agreements
- Brazil Potash presells 91% of future production
- Brazil Potash Corp. Completes Second Closing of Private Placement, Raising $4 Million
- Brazil Potash Secures $28 Million in Private Placement to Boost Autazes Project
