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  <TITLE>S-8</TITLE>
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  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>As filed with the U.S. Securities and Exchange Commission on April&nbsp;29, 2025 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration No.&nbsp;333-&#8195;&#8195;&#8195;</B></P>
  <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;
  </DIV><DIV STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT STYLE="white-space:nowrap">S-8</FONT> </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>REGISTRATION STATEMENT </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><I>UNDER </I></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><I>THE
  SECURITIES ACT OF 1933 </I></B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>B<SMALL>RAZIL</SMALL> P<SMALL>OTASH</SMALL> C<SMALL>ORP</SMALL>. </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of Registrant as specified in its charter) </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">
  
  
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  <TD VALIGN="top" ALIGN="center"><B>Ontario, Canada</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"><B>Not Applicable</B></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction of</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>incorporation or organization)</B></P></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
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  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
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  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>198 Davenport Road</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Toronto, Ontario, Canada</B></P></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center"><B>M5R 1J2</B></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="top" ALIGN="center"><B>(Address of Principal Executive Offices)</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
  </TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Brazil Potash Corp. 2024 Incentive Compensation Plan </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Full tile of the plan) </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Cogency Global Inc. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>122
  East 42nd Street, 18th Floor </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>New York, New York 10168 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name and address of agent for service) </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Tel: +1 (212) 947-7200 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Telephone number, including area code, of agent for service) </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><I>With copies to: </I></B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Rebecca G. DiStefano </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>William Wong </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Greenberg
  Traurig, P.A. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>333 S.E. 2nd Avenue, Suite 4400 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Miami, Florida 33131 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Tel: +1 (305) <FONT STYLE="white-space:nowrap">579-0541</FONT> </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Fax: +1 (305) <FONT STYLE="white-space:nowrap">579-0717</FONT> </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a <FONT STYLE="white-space:nowrap">non-accelerated</FONT>
  filer, a smaller reporting company or an emerging growth company. See the definitions of &#147;large accelerated filer&#148;, &#147;accelerated filer&#148;, &#147;smaller reporting company&#148;, and &#147;emerging growth company&#148; in Rule <FONT
  STYLE="white-space:nowrap">12b-2</FONT> of the Exchange Act. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
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  <TD VALIGN="bottom">Large&nbsp;accelerated&nbsp;filer</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">Accelerated&nbsp;filer</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD></TR>
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  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">Non-accelerated&nbsp;filer</FONT></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9746;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">Smaller&nbsp;reporting&nbsp;company</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD></TR>
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  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">Emerging growth company</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9746;</TD></TR>
  </TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period
  for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;7(a)(2)(B) of the Securities Act.&#8194;&#9744; </P>
  <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;
  </DIV><DIV STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV>
  </DIV></Center>
  
  
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  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXPLANATORY NOTE </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Registration Statement on Form <FONT STYLE="white-space:nowrap">S-8</FONT> (which we refer to as this &#147;Registration Statement&#148;)
  is being filed by Brazil Potash Corp., a corporation existing under the laws of the Province of Ontario, Canada (which we refer to as our &#147;Company&#148;), in connection with the registration of: </P>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the common shares, no par value per share, of our Company (which we refer to as &#147;Common Shares&#148;) that
  are reserved for issuance pursuant to future awards granted under the Brazil Potash Corp. 2024 Incentive Compensation Plan (which we refer to as the &#147;2024 Incentive Compensation Plan&#148;); and </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(ii)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the reoffer and resale of 5,462,250 Common Shares issued pursuant to, or subject to, awards previously granted
  under the 2024 Incentive Compensation Plan, consisting of (a) 88,125 Common Shares issued to certain Selling Shareholders (as defined below) pursuant to settlements of restricted stock units (which we refer to as &#147;RSUs&#148;) or deferred stock
  units (which we refer to as &#147;DSUs&#148;), (b) 4,936,625 Common Shares issuable to certain Selling Shareholders pursuant to the vesting and settlement of RSUs, and (c) 437,500 Common Shares issuable to certain Selling Shareholders pursuant the
  vesting and settlement of DSUs, in each case, granted to the respective Selling Shareholders under the 2024 Incentive Compensation Plan. </P></TD></TR></TABLE>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This Registration Statement contains a &#147;reoffer prospectus&#148; prepared in accordance with Part I of Form <FONT
  STYLE="white-space:nowrap">F-3</FONT> (in accordance with Instruction C of the General Instructions to Form <FONT STYLE="white-space:nowrap">S-8).</FONT> The reoffer prospectus may be used for reoffers and resales on a continuous or delayed basis of
  Common Shares that may be deemed to be &#147;restricted securities&#148; and/or &#147;control securities&#148; within the meaning of the Securities Act of 1933, as amended (which we refer to as the &#147;Securities Act&#148;), by certain directors,
  officers, other employees, and consultants of our Company identified in the reoffer prospectus (each of which we refer to as a &#147;Selling Shareholder&#148;) for their own accounts. The inclusion of such Common Shares in the reoffer prospectus
  does not necessarily represent a present intention to sell any or all of such Common Shares. In accordance with General Instruction C of Form <FONT STYLE="white-space:nowrap">S-8,</FONT> the amount of Common Shares to be reoffered or resold under
  the reoffer prospectus by each Selling Shareholder, and any other person with whom he or she is acting in concert for the purpose of selling such Common Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under
  the Securities Act. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">i </P>
  
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  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART I </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&#8201;1.</B></TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Plan Information. </B></P></TD></TR></TABLE>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In accordance with the instructional Note to Part I of Form <FONT STYLE="white-space:nowrap">S-8,</FONT> the information called for in Part I
  of Form <FONT STYLE="white-space:nowrap">S-8</FONT> has been omitted from this Registration Statement. The documents containing the information specified in Part I of Form <FONT STYLE="white-space:nowrap">S-8</FONT> have been or will be sent or
  given to the participants under the 2024 Incentive Compensation Plan as specified by Rule 428(b)(1) under the Securities Act. Such documents are not being filed by our Company with the U.S. Securities and Exchange Commission either as part of this
  Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. Such documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken
  together, constitute a prospectus that meets the requirements of Section&nbsp;10(a) of the Securities Act. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&#8201;2.</B></TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Registration Information and Employee Plan Annual Information. </B></P></TD></TR></TABLE>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The written statement required by Item 2 of Part I of Form <FONT STYLE="white-space:nowrap">S-8</FONT> is included in documents that have been
  or will be sent or given to the participants under the 2024 Incentive Compensation Plan pursuant to Rule 428(b) under of the Securities Act. </P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ii </P>
  
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  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>REOFFER PROSPECTUS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">
  
  
  <IMG SRC="g890239g0412045501073.jpg" ALT="LOGO">
   </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>B<SMALL>RAZIL</SMALL> P<SMALL>OTASH</SMALL> C<SMALL>ORP</SMALL>.&nbsp; </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:14pt; font-family:Times New Roman" ALIGN="center"><B>5,462,250 Common Shares </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This prospectus relates to 5,462,250 common shares, no par value per share (which we refer to as &#147;Common Shares&#148;), of Brazil Potash
  Corp., a corporation existing under the laws of the Province of Ontario, Canada, which may be reoffered and resold from time to time by certain of our shareholders that are directors, officers, other employees, or consultants of our Company (which
  we refer to collectively as the &#147;Selling Shareholders&#148;) for their own accounts. We will not receive any of the proceeds from the sale of Common Shares by the Selling Shareholders pursuant to this prospectus. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Common Shares that may be reoffered and resold under this prospectus consist of (i) 88,125 Common Shares issued to certain Selling
  Shareholders pursuant to settlements of restricted stock units (which we refer to as &#147;RSUs&#148;) or deferred stock units (which we refer to as &#147;DSUs&#148;), (ii) 4,936,625 Common Shares issuable to certain Selling Shareholders pursuant to
  the vesting and settlement of RSUs, and (iii) 437,500 Common Shares issuable to certain Selling Shareholders pursuant the vesting and settlement of DSUs, in each case, granted to the respective Selling Shareholders under the Brazil Potash Corp. 2024
  Incentive Compensation Plan (which we refer to as our &#147;2024 Incentive Compensation Plan&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Selling Shareholders may sell
  the Common Shares described in this prospectus in a number of different ways and at varying prices, including sales in the open market, sales in negotiated transactions, and sales by a combination of these methods. The Selling Shareholders may sell
  any, all, or none of their Common Shares, and we do not know when or in what amount the Selling Shareholders may sell their Common Shares under this prospectus. The price at which any of the Common Shares may be sold, and the commissions, if any,
  paid in connection with any such sale, are unknown and may vary from transaction to transaction. The Common Shares may be sold at the market price of the Common Shares at the time of a sale, at prices relating to the market price over a period of
  time, or at prices negotiated with the buyers of the Common Shares. The Selling Shareholders will bear any and all sales commissions and similar expenses in connection with sales of their Common Shares hereunder. We provide more information
  regarding how the Selling Shareholders may sell their Common Shares in the section entitled &#147;Plan of Distribution&#148;. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Common
  Shares are listed on the NYSE American stock exchange (which we refer to as the &#147;NYSE American&#148;) under the symbol &#147;GRO&#148;. On April 25, 2025, the last sale price of our Common Shares reported on the NYSE American was $2.33 per
  share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The amount of Common Shares to be offered or resold under this prospectus by each Selling Shareholder, or other person with whom
  he or she is acting in concert for the purpose of selling Common Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act of 1933, as amended (which we refer to as the &#147;Securities
  Act&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:12pt; font-family:Times New Roman"><B>Investing in our Common Shares involves a high degree of risk. Before buying any Common Shares, you should carefully read
  the discussion of the risks of investing in our Common Shares in the section entitled &#147;<A HREF="#tx890239_3">Risk Factors</A>&#148; on page 3 of this prospectus.</B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The U.S. Securities and Exchange Commission (which we refer to as the &#147;SEC&#148;) may take the view that, under certain circumstances,
  the Selling Shareholders and any broker-dealers or agents that participate with the Selling Shareholders in the distribution of the Common Shares may be deemed to be &#147;underwriters&#148; within the meaning of the Securities Act. Commissions,
  discounts, or concessions received by any such broker-dealer or agent may be deemed to be underwriting commissions under the Securities Act. See the section entitled &#147;Plan of Distribution&#148;. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Neither the SEC nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is
  truthful or complete. Any representation to the contrary is a criminal offense. </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>The date of this prospectus is April 29, 2025. </B></P>
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="toc"></A>TABLE OF CONTENTS </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
  <TR>
  
  <TD WIDTH="96%"></TD>
  
  <TD VALIGN="bottom" WIDTH="2%"></TD>
  <TD></TD>
  <TD></TD>
  <TD></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_1">ABOUT THIS REOFFER PROSPECTUS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">1</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_2">THE COMPANY</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">2</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_3">RISK FACTORS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_4">CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">4</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_5">USE OF PROCEEDS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">6</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_6">SELLING SHAREHOLDERS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">7</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_7">PLAN OF DISTRIBUTION</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_8">LEGAL MATTERS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">12</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_9">EXPERTS</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">12</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_10">INFORMATION INCORPORATED BY REFERENCE</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx890239_11">WHERE YOU CAN FIND MORE INFORMATION</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  </TABLE>
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_1"></A>ABOUT THIS REOFFER PROSPECTUS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As used in this prospectus, unless the context otherwise requires or otherwise states, references to &#147;Brazil Potash&#148;, our
  &#147;Company&#148;, &#147;we&#148;, &#147;us&#148;, &#147;our&#148;, and similar references refer to Brazil Potash Corp., a corporation existing under the laws of the Province of Ontario, Canada, and its subsidiaries. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You should rely only on the information contained in this prospectus or in any accompanying prospectus supplement by us or on our behalf.
  Neither we nor the Selling Shareholders have authorized any other person to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. The Selling Shareholders are not making
  an offer to sell Common Shares in any jurisdiction where the offer or sale is not permitted. You should assume the information appearing in this prospectus is accurate only as of the date on the front cover of this prospectus, regardless of the time
  of delivery of this prospectus or of any sale of Common Shares. Our business, results of operations, financial condition, and prospects may have changed since that date. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <div style ="BORDER-BOTTOM:1.00pt solid #000000;BORDER-LEFT:1.00pt solid #000000;BORDER-RIGHT:1.00pt solid #000000;BORDER-TOP:1.00pt solid #000000;MARGIN-LEFT:0px; MARGIN-RIGHT:0px;max-width:100%"><div style="width:97%; margin-top:1.5%; margin-bottom:1.5%; margin-left:1.5%; margin-right:-1.25%">
  
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_2"></A>THE COMPANY </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Business Overview </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are a mineral
  exploration and development company with a potash mining project (the &#147;Autazes Project&#148;) located in the state of Amazonas, Brazil. Our technical operations are based in Autazes, Amazonas, Brazil and Belo Horizonte, Minas Gerais, Brazil,
  and our corporate office is in Toronto, Ontario, Canada. The Autazes Project has not yet commenced commercial extraction, processing, sale, or distribution of potash ore. Accordingly, we have not generated any revenues as of the date of this
  prospectus, and we do not expect to realize profits in the short term. Our 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> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Once our operations commence, our operating activities will be focused on the
  extraction and processing of potash ore from the underground mine of the Autazes Project and selling and distributing the processed potash in Brazil. </P>
  <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Corporate Information </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our legal and
  commercial name is Brazil Potash Corp. We were incorporated on October&nbsp;10, 2006 under the laws of the Province of Ontario, Canada, and are headquartered in Toronto, Ontario, Canada. We were formed to engage in the exploration and mining of
  potash in Brazil. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th
  Floor, New York, New York 10168. Our principal executive offices are located at 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2, and our main telephone number is +1(416) <FONT STYLE="white-space:nowrap">309-2963.</FONT> Our internet website is
  www.brazilpotash.com. The information contained in, or that can be accessed through, our website is not incorporated by reference into, and is not a part of, this prospectus or our registration statement of which this prospectus forms a part. You
  should not consider any information on our website to be a part of this prospectus or our registration statement of which this prospectus forms a part, or use any such information in your decision on whether to purchase our Common Shares. </P>
  </div></div>
  
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_3"></A>RISK FACTORS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Investing in our Common Shares involves a high degree of risk. Before investing in our Common Shares, you should carefully consider the risks
  set forth under &#147;Item 3.D. Risk Factors&#148; of Part I of our Annual Report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> for the fiscal year ended December&nbsp;31, 2024, filed with the SEC on March&nbsp;28, 2025, as amended by that
  certain Amendment No.&nbsp;1 to Form <FONT STYLE="white-space:nowrap">20-F</FONT> filed with the SEC on April&nbsp;9, 2025, which are incorporated by reference herein, and in subsequent reports filed by us with the SEC, together with the financial
  and other information contained or incorporated by reference in this prospectus. If any of the risks actually occur, our business, results of operations, liquidity, financial condition, and prospects could be materially and adversely affected. In
  such an event, the market price of our Common Shares could decline, and you could lose part or all of your investment. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business
  operations. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_4"></A>CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Various statements contained in this prospectus, including those that express a belief, expectation or intention, as well as those that are
  not statements of historical fact, are forward-looking statements. These forward-looking statements may include projections and estimates concerning our possible or assumed future results of operations, financial condition, business strategies and
  plans, market opportunity, competitive position, industry environment, and potential growth opportunities. In some cases, you can identify forward-looking statements by terms such as &#147;may&#148;, &#147;will&#148;, &#147;should&#148;,
  &#147;believe&#148;, &#147;expect&#148;, &#147;could&#148;, &#147;intend&#148;, &#147;plan&#148;, &#147;anticipate&#148;, &#147;estimate&#148;, &#147;continue&#148;, &#147;predict&#148;, &#147;project&#148;, &#147;potential&#148;,
  &#147;target&#148;, &#147;goal&#148; or other words that convey the uncertainty of future events or outcomes. You can also identify forward-looking statements by discussions of strategy, plans, or intentions. Forward-looking statements in this
  prospectus include, but are not limited to, statements with respect to: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our ability to achieve profitability in the future; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our ability to obtain and maintain the necessary permits and licenses for the Autazes Project, and the timing and
  possible outcome of pending regulatory and permitting matters; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">proposed expenditures for exploration work, and general and administrative expenses; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our ability to manage our development, growth and operating expenses; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the cost, timing, and results of our future development, construction, mining and production activities at the
  Autazes Project; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">maintaining rights of access to, including successfully acquiring, leasing, purchasing and/or obtaining rights to
  occupy, the land for the development and operation of the Autazes Project; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our capital requirements and need for additional financing, and our ability to raise additional capital;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the estimated results of planned development, mining and production activities; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the estimated results of our greenhouse gas emissions analysis; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the supply and demand of potash; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">general economic and financial conditions; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">governmental regulation of mining operations and related matters; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">our prospects, strategies, and business objectives and milestones; and </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">mining industry operational risk and industry trends. </P></TD></TR></TABLE>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We caution you that the foregoing list does not contain all of the forward-looking statements made in this prospectus. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We have based the forward-looking statements in this prospectus on our current expectations, estimates, and assumptions about future events.
  Although we believe that we have a reasonable basis for the forward-looking statements in this prospectus, we cannot guarantee that future results, performance, or events and circumstances reflected in such forward-looking statements will be
  achieved or occur at all. The outcome of the events described in these forward-looking statements is subject to numerous risks, uncertainties, and other factors described in &#147;Risk Factors&#148; and elsewhere in this prospectus. New risks and
  uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements in this prospectus. The results, events, and circumstances reflected in such
  forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in such forward-looking statements. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The forward-looking statements in this prospectus relate only to events as of the date on which the statements are made. We undertake no
  obligation to update any forward-looking statements in this prospectus to reflect events or circumstances after the date of this prospectus or to reflect new information or the occurrence of unanticipated events, except as required by law. We may
  not actually achieve the plans, intentions, or expectations disclosed in such forward-looking statements, and you should not place undue reliance on such forward-looking statements. The forward-looking statements in this prospectus do not reflect
  the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments we may make. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, statements that &#147;we believe&#148; and similar statements reflect our
  beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this prospectus, and while we believe such information forms a reasonable basis for such statements, such information may be
  limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and you are
  cautioned not to place undue reliance on these statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">You should read this prospectus and the documents that we reference in this
  prospectus and have filed as exhibits to the registration statement, of which this prospectus is a part, completely and with the understanding that our actual future results may be materially different from what we expect. We qualify all of the
  forward-looking statements in this prospectus by these cautionary statements. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_5"></A>USE OF PROCEEDS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The offers and resales of shares of our Common Stock under this prospectus are being conducted by the Selling Shareholders, and we will not
  receive any of the proceeds from the respective sales of our Common Shares by the Selling Shareholders. All proceeds from the respective sales of our Common Shares under this prospectus will be for the respective accounts of the Selling
  Shareholders. See the sections in this prospectus entitled &#147;Selling Shareholders&#148; and &#147;Plan of Distribution&#148;. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_6"></A>SELLING SHAREHOLDERS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This prospectus relates to the reoffer and resale from time to time by the Selling Shareholders of up to 5,462,250 Common Shares, consisting
  of (i) 88,125 Common Shares issued to certain Selling Shareholders pursuant to settlements of RSUs or DSUs, (ii) 4,936,625 Common Shares issuable to certain Selling Shareholders pursuant to the vesting and settlement of RSUs, and (iii) 437,500
  Common Shares issuable to certain Selling Shareholders pursuant the vesting and settlement of DSUs, in each case, acquired by the respective Selling Shareholders under our 2024 Incentive Compensation Plan. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following table sets forth (i)&nbsp;the number and percentage of Common Shares beneficially owned by each Selling Shareholder as of
  April&nbsp;25, 2025, (ii)&nbsp;the number of Common Shares being offered for resale under this prospectus by each Selling Shareholder, and (iii)&nbsp;the number and percentage of Common Shares that each Selling Shareholder will beneficially own
  immediately following the completion of the offering, assuming that (a)&nbsp;all Common Shares being offered for resale under this prospectus are sold, (b)&nbsp;no other Common Shares beneficially owned by each respective Selling Shareholder are
  also sold, and (c)&nbsp;no Selling Shareholder will acquire additional Common Shares prior to the completion of the offering. The Selling Shareholders may sell any, all or none of the Common Shares being offered for resale under this prospectus, and
  we do not know when or in what amount the Selling Shareholders may sell such Common Shares. The inclusion of such Common Shares in the table below does not necessarily represent a present intention by the Selling Shareholders to sell any or all of
  such Common Shares. However, for the purposes of the table below, we have assumed that, after the completion of the offering, all Common Shares covered by this prospectus have been sold. We have based percentage ownership of our Common Shares on
  38,413,737 Common Shares outstanding as of April&nbsp;25, 2025. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">To the extent a Selling Shareholder is an &#147;affiliate&#148; (as such
  term is defined under the Securities Act) of our Company, the amount of Common Shares that may be reoffered or resold by means of this prospectus by such Selling Shareholder, and any other person with whom such Selling Shareholder is acting in
  concert for the purpose of selling such Common Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Beneficial ownership is determined in accordance with Rule <FONT STYLE="white-space:nowrap">13d-3</FONT> under the Exchange Act, is generally
  determined by voting power and/or investment power with respect to such securities, and, for purposes of the following table, includes Common Shares issuable pursuant to stock options that are exercisable within 60 days of the date of this
  prospectus, and Common Shares issuable pursuant to RSUs and/or DSUs that are subject to vesting and settlement conditions expected to occur within 60 days of the date of this prospectus. Common Shares issuable pursuant to stock options, RSUs and/or
  DSUs are deemed outstanding for purposes of computing the beneficial ownership percentage of such Selling Shareholder holding such securities, but are not deemed to be outstanding for purposes of computing the beneficial ownership percentage of any
  other Selling Shareholder. Unless otherwise noted below, to our knowledge, all Common Shares set forth in the following table are owned of record by such Selling Shareholder named as beneficial owner thereof, and such Selling Shareholder has sole
  voting and investment power with respect to such Common Shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except as noted in the footnotes to the following table, the address for
  each of the Selling Shareholders named in the table below is c/o Brazil Potash Corp., 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
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  <TD VALIGN="bottom" WIDTH="3%"></TD>
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  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Common Shares</B><br><B>Beneficially Owned</B><br><B>Prior to the Offering</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Common&nbsp;Shares<BR>Being<BR>Offered<SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP></B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Common Shares</B><br><B>Beneficially Owned</B><br><B>Immediately Following</B><br><B>the
  Offering<SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP></B></TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Selling Shareholder</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Percentage</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Percentage</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  
  
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Mayo Schmidt<BR>Executive Chairman and Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">155,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(3)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">500,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(4)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">30,000</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Matthew Simpson<BR>Chief Executive Officer</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">20,000</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">750,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">20,000</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Ryan Ptolemy<BR>Chief Financial Officer</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">56,250</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">250,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">56,250</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Neil Said<BR>Corporate Secretary</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">43,750</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">375,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">43,750</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Adriano Espeschit<BR>President and sole officer of Pot&aacute;ssio do Brasil Ltda.</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">13,465</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">375,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">13,465</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Deborah Battiston<BR>Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3,113</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">25,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3,113</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Brett Lynch<BR>Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&#8194;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">100,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&#8194;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Pierre Pettigrew<BR>Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">61,207</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(8)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">62,500</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">61,207</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(8)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Peter Tagliamonte<BR>Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">778</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">25,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">778</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Carmel Daniele</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">11,282,124</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(9)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">29.4</TD>
  <TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">181,250</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(10)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">11,100,874</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">28.9</TD>
  <TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Stan Bharti<BR>Former Executive Chairman and
  Director<SUP STYLE="font-size:75%; vertical-align:top">(11)</SUP></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">4,131,059</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(12)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">10.8</TD>
  <TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">850,000</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(13)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">4,106,059</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">10.7</TD>
  <TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other Selling Shareholders<SUP STYLE="font-size:75%; vertical-align:top">(14)</SUP></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">1,164,250</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3.0</TD>
  <TD NOWRAP VALIGN="bottom">%&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">1,968,500</TD>
  <TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(15)</SUP>&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">391,875</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">1.0</TD>
  <TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
  </TABLE> <DIV STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</DIV>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">*</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents beneficial ownership of less than 1%. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Reflects our Common Shares offered under this prospectus. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Assumes, with respect to each Selling Shareholder, that (a)&nbsp;all of the Common Shares being offered by such
  Selling Shareholder under this prospectus are sold, (b)&nbsp;no other Common Shares beneficially owned by such Selling Shareholder are also sold, and (c)&nbsp;such Selling Shareholder will not acquire additional Common Shares prior to the completion
  of the offering.<SUP STYLE="font-size:75%; vertical-align:top"> </SUP></P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(3)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents 30,000 Common Shares held by Mr.&nbsp;Schmidt, and 125,000 Common Shares issuable pursuant to the
  settlement of vested RSUs held by Mr.&nbsp;Schmidt. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(4)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents (i) 250,000 Common Shares issuable pursuant to the vesting and settlement of RSUs, and (ii) 250,000
  Common Shares issuable pursuant to the vesting and settlement of DSUs, acquired by Mr.&nbsp;Schmidt under our 2024 Incentive Compensation Plan. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents the number of Common Shares issuable pursuant to the future vesting and settlement of unvested RSUs
  acquired by such Selling Shareholder under our 2024 Incentive Compensation Plan, which RSUs will vest more than 60 days from the date of this prospectus. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents 56,250 Common Shares issuable upon the exercise of stock options held by Mr.&nbsp;Ryan Ptolemy.
  </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents 43,750 Common Shares issuable upon the exercise of stock options held by Mr.&nbsp;Neil Said.
  </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(8)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents 36,207 Common Shares held by Mr.&nbsp;Pierre Pettigrew, and 25,000 Common Shares issuable upon the
  exercise of stock options held by Mr.&nbsp;Pettigrew. </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(9)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents 10,766,999 Common Shares held directly by CD Capital Natural Resources BPC LP (which we refer to as
  &#147;CD Capital&#148;), 365,125 Common Shares held directly by Ms.&nbsp;Carmel Daniele, 125,000 Common Shares issuable pursuant to the settlement of DSUs held by Ms.&nbsp;Daniele, and 25,000 Common Shares issuable upon the exercise of stock options
  held directly by CD Capital. Ms.&nbsp;Daniele is the founder and Chief Investment Officer of CD Capital, and, as such, Ms.&nbsp;Daniele has voting and investment power over the Common Shares beneficially held by CD Capital. Ms.&nbsp;Daniele
  disclaims beneficial ownership of the Common Shares held by CD Capital, except for any pecuniary interests therein. The address of each of CD Capital and Ms.&nbsp;Daniele is 105 Piccadilly, Penthouse Suite, London, W1J 7NJ, United Kingdom.
  </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(10)</SUP></TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents (i) 56,250 Common Shares issued pursuant to the settlement of vested DSUs acquired by CD Capital,
  and (ii) 125,000 Common Shares issuable pursuant to the settlement of vested DSUs acquired by Ms.&nbsp;Carmel Daniele, in each case under our 2024 Incentive Compensation Plan. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(11)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Mr.&nbsp;Bharti resigned as our Executive Chairman and a director on the board of directors of our Company on
  January&nbsp;6, 2025. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(12)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents 4,006,059 Common Shares held directly by Mr.&nbsp;Stan Bharti, his spouse, or his lineal
  descendants, and 125,000 Common Shares issuable upon the exercise of stock options held by Mr.&nbsp;Bharti. Mr.&nbsp;Bharti disclaims beneficial ownership of the 1,500,000 Common Shares beneficially owned by his lineal descendants. The address of
  Mr.&nbsp;Bharti is 65 Binscarth Road, Toronto, Ontario Canada, M4W 1Y8. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(13)</SUP>&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents (i) 25,000 Common Shares issued pursuant to the settlement of vested RSUs, and (ii) 825,000 Common
  Shares issuable pursuant to the future vesting and settlement of RSUs, which RSUs will vest more than 60 days from the date of this prospectus, in each case acquired by Mr.&nbsp;Bharti under our 2024 Incentive Compensation Plan.
  </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(14)</SUP></TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Includes the following 23 <FONT STYLE="white-space:nowrap">non-affiliated</FONT> Selling Shareholders: Advanced
  Media Solutions, Luis Adams, Davidson Aquino, Daniyal Baizak, Blackfriars Capital Inc., Rafael Bloise, Helio Diniz, Xuan Do, Mark Eaton, Heidi Gerry, Kam Gill, David Gower, Miya Kobayash, Rebecca Larrat, Fred Leigh, Guilherme Lopes, Indivar Pathak,
  Lucio Rabelo, Wanda Roque, Darian Schmidt, Luciano Araujo Tavares, Wen Ye, and Mike Young. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left"><SUP STYLE="font-size:75%; vertical-align:top">(15)</SUP></TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents the aggregate number of (i)&nbsp;Common Shares issued pursuant to settlements of vested RSUs and
  DSUs, and (ii)&nbsp;Common Shares issuable pursuant to the vesting and future settlement of RSUs and DSUs, in each case acquired by such respective other Selling Shareholders under our 2024 Incentive Compensation Plan. </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_7"></A>PLAN OF DISTRIBUTION </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We are registering the offer and resale of our Common Shares covered by this prospectus to permit the Selling Shareholders to conduct offers
  and resales of these Common Shares from time to time after the date of this prospectus. We will not receive any of the proceeds from the sales of our Common Shares offered by the Selling Shareholders under this prospectus. The aggregate proceeds to
  the Selling Shareholders from the sale of our Common Shares will be the purchase price of the Common Shares less any discounts and commissions. The Selling Shareholders reserve the right to accept or reject any proposed purchases of the Common
  Shares offered by this prospectus. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Common Shares offered by this prospectus may be sold from time to time to purchasers: </P>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">directly by the Selling Shareholders, or </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">through underwriters, broker-dealers, or agents, who may receive compensation in the form of discounts,
  commissions or agent&#146;s commissions from the Selling Shareholders or the purchasers of the Common Shares. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any
  underwriters, broker-dealers, or agents who participate in the sale or distribution of the Common Shares offered by this prospectus may be deemed to be &#147;underwriters&#148; within the meaning of the Securities Act. As a result, any discounts,
  commissions, or concessions received by any such broker-dealers or agents who are deemed to be underwriters will be deemed to be underwriting discounts and commissions under the Securities Act. Underwriters are subject to the prospectus delivery
  requirements under the Securities Act and may be subject to certain statutory liabilities under the Securities Act and the Securities Exchange Act of 1934, as amended (which we refer to as the &#147;Exchange Act&#148;). We will make copies of this
  prospectus available to the Selling Shareholders for the purpose of satisfying the prospectus delivery requirements under the Securities Act. To our knowledge, there are currently no plans, arrangements, or understandings between any of the Selling
  Shareholders and any underwriter, broker-dealer, or agent regarding the sale of Common Shares by any of the Selling Shareholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The
  Common Shares offered by this prospectus may be sold in one or more transactions at: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">fixed prices; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">prevailing market prices at the time of sale; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">prices related to such prevailing market prices; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">varying prices determined at the time of sale; or </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">negotiated prices. </P></TD></TR></TABLE>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Sales of the Common Shares offered by this prospectus may be effected in one or more transactions: </P>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">on the NYSE American or any other national securities exchange or quotation service on which our Common Shares
  may be listed or quoted at the time of sale; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">in the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> market;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">in transactions otherwise than on such securities exchanges or quotation services or in the <FONT
  STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> market; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">any other method permitted by applicable law; or </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">through any combination of the foregoing. </P></TD></TR></TABLE>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These transactions may include block transactions or crosses. Crosses are transactions in which the same broker acts as an agent on both sides
  of the trade. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">At the time a particular offering of Common Shares is made, a prospectus supplement, if
  required, will be distributed, which will set forth the name of the Selling Shareholder(s), the aggregate amount of Common Shares being offered, and the terms of the offering, including, to the extent required, (i)&nbsp;the name or names of any
  underwriters, broker-dealers, or agents, (ii)&nbsp;any discounts, commissions, and other terms constituting compensation to any such underwriters, broker-dealers, or agents, and (iii)&nbsp;any discounts, commissions, or concessions allowed or
  reallowed to be paid to broker-dealers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Selling Shareholders will act independently from us in making decisions with respect to the
  timing, manner, and size of each resale or other transfer of the Common Shares offered by this prospectus. There can be no assurance that the Selling Shareholders will sell any or all of the Common Shares offered by this prospectus. Additionally, we
  cannot assure you that the Selling Shareholders will not transfer, distribute, devise, or gift Common Shares by other means not described in this prospectus. Furthermore, any Common Shares covered by this prospectus that qualify for sale under Rule
  144 under the Securities Act may be sold under Rule 144 rather than under this prospectus. Common Shares may be sold in certain states only through registered or licensed brokers or dealers, and in certain states, Common Shares may not be sold
  unless they have been registered or qualified for sale or an exemption from registration or qualification is available and complied with. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Selling Shareholders and any other person participating in the sale of the Common Shares offered by this prospectus will be subject to the
  Exchange Act. The Exchange Act rules include, without limitation, Regulation M, which may limit the timing of sales and purchases of any Common Shares by the Selling Shareholders or any other person. Additionally, Regulation M may restrict the
  ability of any person engaged in the distribution of Common Shares to engage in market-making activities with respect to the particular Common Shares being distributed. This may affect the marketability of the Common Shares and the ability of any
  person or entity to engage in market-making activities with respect to the Common Shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Selling Shareholders may indemnify any
  underwriter or broker that participates in transactions involving the sale of the Common Shares offered by this prospectus against certain liabilities, including liabilities arising under the Securities Act. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_8"></A>LEGAL MATTERS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The validity of the Common Shares offered by this prospectus are being passed upon for us by Wildeboer Dellelce LLP, Toronto, Ontario. </P>
  <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_9"></A>EXPERTS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">MNP LLP, independent registered public accounting firm, has audited our consolidated financial statements as of, and for the years ended,
  December&nbsp;31, 2024, 2023 and 2022, as set forth in its reports thereon. Such consolidated financial statements have been incorporated by reference into this prospectus and the registration statement, of which this prospectus is a part, in
  reliance on the reports of MNP LLP, given on their authority as experts in accounting and auditing. MNP LLP is independent with respect to us in accordance with the U.S. federal securities laws and the applicable rules and regulations of the SEC and
  the Public Company Accounting Oversight Board on auditor independence. The principal business address of MNP LLP is 50 Burnhamthorpe Road W, Suite 900, Mississauga, Ontario, Canada, L5B 3C2. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_10"></A>INFORMATION INCORPORATED BY REFERENCE </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following documents filed by us with the SEC are hereby incorporated by reference in this prospectus: </P>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">our Annual Report on <A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312525067248/d905263d20f.htm">Form
   <FONT STYLE="white-space:nowrap">20-F</FONT></A> for the fiscal year ended December&nbsp;31, 2024, filed with the SEC on March&nbsp;28, 2025, as amended by that certain Amendment No.&nbsp;
  1 to <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1472326/000119312525076806/d905263d20fa.htm">Form <FONT STYLE="white-space:nowrap">20-F</FONT></A> filed with the SEC on April&nbsp;9, 2025, which contains our
  audited financial statements for the latest fiscal year for which such statements have been filed; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">our reports on Form <FONT STYLE="white-space:nowrap">6-K,</FONT> filed with the SEC on (i)&nbsp;
  <A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524280070/d893003d6k.htm">December&nbsp;17, 2024</A> (excluding Exhibit 99.1 furnished thereunder), and (ii)&nbsp;
  <A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312525001817/d812461d6k.htm">January&nbsp;6, 2025</A> (excluding Exhibit 99.1 furnished thereunder); and </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the description of our Common Shares contained in our Registration Statement on <A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524266034/d721593d8a12b.htm">Form
   <FONT STYLE="white-space:nowrap">8-A12B</FONT></A> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-42423),</FONT> filed with the SEC under Section&nbsp;12(b) of the Exchange Act on November&nbsp;26, 2024, including any amendment or report filed
  for the purpose of updating such description. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, all documents subsequently filed by us pursuant to Sections
  13(a), 13(c), 14, and 15(d) of the Exchange Act, on or after the date of this prospectus and prior to the filing of a post-effective amendment to the registration statement, of which this prospectus is a part, that indicates that all securities
  offered thereby have been sold or that deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this prospectus and to be part hereof from the date of the filing of such documents; <I>provided,
  however</I>, that documents or information deemed to have been furnished and not filed in accordance with the rules of the SEC shall not be deemed to be incorporated by reference into this prospectus. Any statement contained in a document
  incorporated or deemed to be incorporated by reference herein will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained herein or in any subsequently filed document which also is deemed to
  be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded will not be deemed, except as so modified or superseded, to constitute a part of this prospectus. </P>
  <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx890239_11"></A>WHERE YOU CAN FIND ADDITIONAL INFORMATION </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We file annual and other reports, and other information, with the SEC. Our SEC filings are available to the public over the Internet at the
  SEC&#146;s website at http://www.sec.gov. Additionally, our annual report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> and reports on Form <FONT STYLE="white-space:nowrap">6-K,</FONT> including any amendments to those reports, and other
  information that we file with or furnish to the SEC pursuant to Section&nbsp;13(a) or 15(d) of the Exchange Act, can also be accessed free of charge from our corporate website at www.brazilpotash.com. These filings will be available as soon as
  reasonably practicable after such materials are electronically filed with, or furnished to, the SEC by us. Information contained on our website is not part of this prospectus. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We hereby undertake to provide without charge to each person, including any beneficial owner, to whom a copy of this prospectus is delivered,
  upon written or oral request of any such person, a copy of any and all of the information that has been incorporated by reference in this prospectus but not delivered with the prospectus, other than the exhibits to those documents, unless such
  exhibits are specifically incorporated by reference in this prospectus. Requests for such documents should be directed to Brazil Potash Corp., attention: Corporate Secretary, at 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2, or by telephone
  at +1(416) <FONT STYLE="white-space:nowrap">309-2963.</FONT> </P> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
  <DIV STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:2.00pt solid #000000">&nbsp;
  </DIV><DIV STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</DIV> <P STYLE="font-size:24pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">
  
  
  <IMG SRC="g890239g0412045501073.jpg" ALT="LOGO">
   </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>B<SMALL>RAZIL</SMALL> P<SMALL>OTASH</SMALL> C<SMALL>ORP</SMALL>. </B></P>
  <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:14pt; font-family:Times New Roman" ALIGN="center"><B>5,462,250 Common Shares </B></P>
  <P STYLE="font-size:100pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>R<SMALL>EOFFER</SMALL> P<SMALL>ROSPECTUS</SMALL> </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center><DIV STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</DIV></center>
  <P STYLE="font-size:100pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;
  </DIV><DIV STYLE="line-height:4.5pt;margin-top:0pt;margin-bottom:2pt;border-bottom:2.00pt solid #000000">&nbsp;</DIV>
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART II </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INFORMATION REQUIRED IN REGISTRATION STATEMENT </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;3. Incorporation of Certain Documents by Reference </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following documents filed by Brazil Potash Corp. (the &#147;Registrant&#148;) with the U.S. Securities and Exchange Commission (the
  &#147;SEC&#148;) are incorporated by reference into this registration statement on Form <FONT STYLE="white-space:nowrap">S-8</FONT> (this &#147;Registration Statement&#148;): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> for the fiscal year
  ended December&nbsp;31, 2024, filed with the SEC on March&nbsp;28, 2025, as amended by that certain Amendment No.&nbsp;1 to Form <FONT STYLE="white-space:nowrap">20-F</FONT> filed with the SEC on April&nbsp;9, 2025, which contains the
  Registrant&#146;s audited financial statements for the latest fiscal year for which such statements have been filed; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s reports on Form <FONT STYLE="white-space:nowrap">6-K,</FONT> filed with the SEC on
  (i)&nbsp;December&nbsp;17, 2024 (excluding Exhibit 99.1 furnished thereunder), and (ii)&nbsp;January&nbsp;6, 2025 (excluding Exhibit 99.1 furnished thereunder); and </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the description of the Registrant&#146;s Common Shares contained in the Registrant&#146;s Registration
  Statement on Form <FONT STYLE="white-space:nowrap">8-A</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-42423),</FONT> filed by the Registrant with the SEC under Section&nbsp;12(b) of the Securities Exchange Act of 1934, as amended (the
  &#147;Exchange Act&#148;), on November&nbsp;26, 2024, including any amendment or report filed for the purpose of updating such description. </P></TD></TR></TABLE>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, all documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act, on or
  after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby have been sold or that deregisters all securities then remaining
  unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be part hereof from the date of the filing of such documents; <I>provided, however</I>, that documents or information deemed to have been furnished and
  not filed in accordance with the rules of the SEC shall not be deemed to be incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein will be
  deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes
  such statement. Any such statement so modified or superseded will not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Registrant will provide without charge to each person to whom documents are being provided pursuant to Part I of this Registration
  Statement, upon the request of any such person, a copy of any document incorporated by reference herein (other than exhibits). Requests for such copies should be directed to Brazil Potash Corp. at 198 Davenport Road, Toronto, Ontario, Canada M5R
  1J2, Attention: Corporate Secretary. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;4. Description of Securities. </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;5. Interests of
  Named Experts and Counsel. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">None of the experts or counsel engaged by the Registrant, including MNP LLP, Greenberg Traurig, P.A. and
  Wildeboer Dellelce LLP, have any interests in the Registrant. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;6. Indemnification of Directors and Officers. </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Registrant is incorporated under the laws of the Province of Ontario, Canada, and is governed by the Business Corporations Act (Ontario)
  (the &#147;OBCA&#148;). In accordance with the OBCA and pursuant to the Registrant&#146;s bylaws (the &#147;Bylaws&#148;), subject to certain conditions, the Registrant shall, subject to the limitations contained in the OBCA, indemnify its directors
  and officers, any former director or officer, or any other individual who acts or acted at its request as a director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including any
  amount paid to settle an action or satisfy a judgment, reasonably incurred by such individual in respect of any civil, </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">II-1 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
  criminal, administrative, investigative or other proceeding in which such individual is involved because of such association with the Registrant or other entity, if such individual: </P>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">acted honestly and in good faith with a view to the Registrant&#146;s best interests, or, as the case may be, the
  best interests of the other entity for which such individual acted as a director or officer or in a similar capacity at the Registrant&#146;s request; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">in the case of a criminal or administration action or proceeding enforced by a monetary penalty, had reasonable
  grounds to believe the conduct was lawful. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the Bylaws, the Registrant shall also indemnify such individual
  in other circumstances as the OBCA permits or requires. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Additionally, the Registrant may purchase and maintain insurance for the benefit
  of any indemnified individual against such liabilities, in such amounts as its board of directors may from time to time determine and as permitted by the OBCA. The Registrant currently carries insurance policies insuring its directors and officers
  against certain liabilities that they may incur in their capacity as directors and officers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Furthermore, the Registrant has entered into
  an indemnity agreement with each of its current directors and officers, and intend to enter into an indemnity agreement with each of its future directors and officers, whereby the Registrant has agreed or will agree to indemnify such directors and
  officers against all expenses and liabilities incurred in such capacity to the fullest extent permitted by law, subject to limited exceptions. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Insofar as indemnification by the Registrant for liabilities arising under the Securities Act may be permitted to its directors, officers or
  persons controlling the Registrant pursuant to the foregoing or otherwise, the Registrant has been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore
  unenforceable. In the event a director, officer or controlling person asserts a claim for indemnification in connection with the successful defense of any action, suit or proceeding resulting from this offering, the Registrant will, unless otherwise
  advised by counsel, submit to a court of competent jurisdiction the question of whether such indemnification is against public policy. The Registrant will be governed by the final adjudication of such issue. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">See also the Registrant&#146;s undertakings set forth in Item 9 below. </P>
  <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;7. Exemption from Registration Claimed. </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The issuance of the Common Shares being offered by the reoffer prospectus were deemed to be exempt from registration under the Securities Act
  in reliance upon Section&nbsp;4(a)(2) of the Securities Act as transactions by an issuer not involving any public offering, or Rule 701 under the Securities Act as issuances pursuant to benefit plans and contracts relating to compensation as
  provided under Rule 701. The recipients of the securities in each of these transactions represented their intention to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and
  appropriate legends were placed upon such securities issued in these transactions. All such recipients had adequate access, through their relationships with the Registrant, to information about the Registrant. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">II-2 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;8. Exhibits. </B></P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
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  <TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Incorporated by Reference</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman"><B>Exhibit</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Number</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit Description</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Form</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>File</B><br><B>Number</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Exhibit</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
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  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Filing</B><br><B>Date</B></TD>
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  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;&#8199;4.1</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524203710/d303049dex31.htm">Articles of Incorporation of Brazil Potash Corp. </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">F-1</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
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  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">333-281663</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
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  <TD VALIGN="bottom" ALIGN="right">3.1</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
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  <TD VALIGN="bottom" ALIGN="right">August&nbsp;20,&nbsp;2024</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
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  <TD HEIGHT="8" COLSPAN="2"></TD>
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  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;&#8199;4.2</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524241962/d303049dex32.htm">Articles of Amendment (to Articles of Incorporation) of Brazil Potash Corp., dated October&nbsp;18, 2024 </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">F-1/A</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">333-281663</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">3.2</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">October&nbsp;23,&nbsp;2024</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;&#8199;4.3</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524241962/d303049dex33.htm">Bylaws of Brazil Potash Corp. </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">F-1/A</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">333-281663</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">3.3</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">October&nbsp;23, 2024</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;&#8199;4.4</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524203710/d303049dex41.htm">Specimen Common Share Certificate </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">F-1</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">333-281663</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">4.1</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">August&nbsp;20, 2024</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;&#8199;5.1*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d890239dex51.htm">Opinion of Wildeboer Dellelce LLP </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;23.1*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d890239dex51.htm">Consent of Wildeboer Dellelce LLP (included in Exhibit 5.1) </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;23.2*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d890239dex232.htm">Consent of MNP LLP, independent registered public accounting firm </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;24.1*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d890239ds8.htm#sig">Power of Attorney (included on the signature page to this Registration Statement) </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>&#8199;99.1&#134;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1472326/000119312524203710/d303049dex104.htm">Brazil Potash Corp. 2024 Incentive Compensation Plan </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">F-1</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="white-space:nowrap">333-281663</FONT></TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">10.4</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="right">August&nbsp;20, 2024</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>107*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d890239dexfilingfees.htm">Filing Fee Table </A></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD>
  <TD VALIGN="bottom"></TD></TR>
  </TABLE> <DIV STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</DIV>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">*</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Filed herewith. </P></TD></TR></TABLE>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">&#134;</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Management contract or compensatory plan or arrangement. </P></TD></TR></TABLE>
  <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&#8201;9.</B></TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Undertakings. </B></P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The undersigned Registrant hereby undertakes: </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="9%">&nbsp;</TD>
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To file, during any period in which offers or sales are being made, a post-effective amendment to this
  Registration Statement: </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="13%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="13%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(ii)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To reflect in the prospectus any facts or events arising after the effective date of this Registration
  Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or
  decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of
  prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20&nbsp;percent change in the maximum aggregate offering price set forth in the &#147;Calculation of Registration
  Fee&#148; table in the effective Registration Statement; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="13%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(iii)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To include any material information with respect to the plan of distribution not previously disclosed in this
  Registration Statement or any material change to such information in this Registration Statement; </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman"><I>provided</I>,
  <I>however</I>, that paragraphs (A)(1)(i) and (A)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the SEC by the Registrant pursuant
  to Section&nbsp;13 or Section&nbsp;15(d) of the Exchange Act that are incorporated by reference in this Registration Statement. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">II-3 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="9%">&nbsp;</TD>
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment
  shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="9%">&nbsp;</TD>
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">To remove from registration by means of a post-effective amendment any of the securities being registered which
  remain unsold at the termination of the offering. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each
  filing of the Registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d) of the
  Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the
  initial bona fide offering thereof. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors,
  officers, and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act
  and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer, or controlling person of the Registrant in the
  successful defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been
  settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
  </P></TD></TR></TABLE> <P STYLE="font-size:18pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">II-4 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="sig"></A>SIGNATURES </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), the Registrant certifies that it has
  reasonable grounds to believe that it meets all of the requirements for filing on Form <FONT STYLE="white-space:nowrap">S-8</FONT> and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly
  authorized, in the City of Toronto, Province of Ontario, Canada on April&nbsp;29, 2025. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">
  
  
  <TR>
  
  <TD WIDTH="7%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="92%"></TD></TR>
  
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" COLSPAN="3">B<SMALL>RAZIL</SMALL> P<SMALL>OTASH</SMALL> C<SMALL>ORP</SMALL>.</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top">By:</TD>
  <TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
  <TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Matthew Simpson</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">Name: Matthew Simpson</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">Title: Chief Executive Officer and Director</TD></TR>
  </TABLE></DIV> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>POWER OF ATTORNEY </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">KNOW ALL PERSONS BY THESE PRESENTS, that each of the undersigned executives and directors of the Registrant, a corporation existing under the
  laws of the Province of Ontario, Canada, which is filing this Registration Statement on Form <FONT STYLE="white-space:nowrap">S-8</FONT> with the U.S. Securities and Exchange Commission under the provisions of the Securities Act, and the
  Registrant&#146;s Authorized Representative in the United States, hereby constitutes and appoints Matthew Simpson and Ryan Ptolemy, and each of them, as such individual&#146;s true and lawful <FONT STYLE="white-space:nowrap"><FONT
  STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> and agents, with full power to act separately and full power of substitution and resubstitution, for such individual and in his or her name, place and stead, in any and all capacities, to
  sign any and all amendments (including post-effective amendments) to this Registration Statement, including a prospectus or an amended prospectus therein and any registration statement for the same offering that is to be effective upon filing
  pursuant to Rule 462(b) under the Securities Act, and all other documents in connection therewith to be filed with the U.S. Securities and Exchange Commission, granting unto each said
  <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorney-in-fact</FONT></FONT> and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully
  to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorneys-in-fact</FONT></FONT> and agents or either of them or his or her
  or their substitute or substitutes may lawfully do or cause to be done by virtue hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities
  Act, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
  <TR>
  
  <TD WIDTH="42%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="40%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="16%"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Signature</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Title</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Date</B></P></TD></TR>
  
  
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Matthew Simpson</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Matthew Simpson</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Chief Executive Officer and Director</P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(Principal Executive Officer)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Ryan Ptolemy</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Ryan Ptolemy</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Chief Financial Officer</P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(Principal Financial and Accounting Officer)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Mayo Schmidt</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Mayo Schmidt</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Executive Chairman and Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Deborah Battiston</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Deborah Battiston</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Christian Joerg</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Christian Joerg</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Brett Lynch</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Brett Lynch</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR></TABLE>
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
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  <TD WIDTH="42%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="40%"></TD>
  
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  <TD WIDTH="16%"></TD></TR>
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Signature</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Title</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Date</B></P></TD></TR>
  
  
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Pierre Pettigrew</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Pierre Pettigrew</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29<B></B>, 2025</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>/s/ Peter Tagliamonte</I></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Peter Tagliamonte</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Director</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top" NOWRAP ALIGN="center">April 29, 2025</TD></TR>
  </TABLE>
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  <h5 align="left" style="font-size:10pt;font-weight:bold"><a href="#toc">Table of Contents</a></h5>
  
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Signature of Authorized Representative in the United States </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned certifies that it is the duly authorized
  representative in the United States of Brazil Potash Corp. and has duly caused this Registration Statement on Form <FONT STYLE="white-space:nowrap">S-8</FONT> to be signed by the undersigned, thereunto duly authorized, on April
  <B></B><B></B>29<B></B>, 2025. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">
  
  
  <TR>
  
  <TD WIDTH="7%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="92%"></TD></TR>
  
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" COLSPAN="3"><U>Authorized Representative in the United States</U>:</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16" COLSPAN="3"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" COLSPAN="3">Cogency Global Inc.</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top">By:</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman"><I>/s/ Colleen A. De Vries</I></P></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top">Name: Colleen A. De Vries</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top">Title: Senior Vice President</TD></TR>
  </TABLE></DIV>
  </DIV></Center>
  
  </BODY></HTML>
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metadata_filer: {"company-data": {"conformed-name": "Brazil Potash Corp.", "cik": "0001472326", "assigned-sic": "1400", "organization-name": "01 Energy & Transportation", "ein": "000000000", "state-of-incorporation": "A6", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-286827", "film-number": "25887848"}, "business-address": {"street1": "198 DAVENPORT ROAD", "city": "TORONTO", "state": "A6", "zip": "M2R 1J2", "phone": "416-309-2963"}, "mail-address": {"street1": "198 DAVENPORT ROAD", "city": "TORONTO", "state": "A6", "zip": "M2R 1J2"}}
text: S-8
  Table of Contents
  As filed with the U.S. Securities and Exchange Commission on April 29, 2025
  Registration No. 333-
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  FORM
  S-8
  REGISTRATION STATEMENT
  UNDER
  THE
  SECURITIES ACT OF 1933
  B
  RAZIL
  P
  OTASH
  C
  ORP
  .
  (Exact name of Registrant as specified in its charter)
  Ontario, Canada
  Not Applicable
  (State or other jurisdiction of
  incorporation or organization)
  (I.R.S. Employer
  Identification No.)
  198 Davenport Road
  Toronto, Ontario, Canada
  M5R 1J2
  (Address of Principal Executive Offices)
  (Zip Code)
  Brazil Potash Corp. 2024 Incentive Compensation Plan
  (Full tile of the plan)
  Cogency Global Inc.
  122
  East 42nd Street, 18th Floor
  New York, New York 10168
  (Name and address of agent for service)
  Tel: +1 (212) 947-7200
  (Telephone number, including area code, of agent for service)
  With copies to:
  Rebecca G. DiStefano
  William Wong
  Greenberg
  Traurig, P.A.
  333 S.E. 2nd Avenue, Suite 4400
  Miami, Florida 33131
  Tel: +1 (305)
  579-0541
  Fax: +1 (305)
  579-0717
  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
  non-accelerated
  filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smaller reporting company", and "emerging growth company" in Rule
  12b-2
  of the Exchange Act.
  Large accelerated filer
  ☐
  Accelerated filer
  ☐
  Non-accelerated filer
  ☒
  Smaller reporting company
  ☐
  Emerging growth company
  ☒
  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period
  for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
  Table of Contents
  EXPLANATORY NOTE
  This Registration Statement on Form
  S-8
  (which we refer to as this "Registration Statement")
  is being filed by Brazil Potash Corp., a corporation existing under the laws of the Province of Ontario, Canada (which we refer to as our "Company"), in connection with the registration of:
  (i)
  the common shares, no par value per share, of our Company (which we refer to as "Common Shares") that
  are reserved for issuance pursuant to future awards granted under the Brazil Potash Corp. 2024 Incentive Compensation Plan (which we refer to as the "2024 Incentive Compensation Plan"); and
  (ii)
  the reoffer and resale of 5,462,250 Common Shares issued pursuant to, or subject to, awards previously granted
  under the 2024 Incentive Compensation Plan, consisting of (a) 88,125 Common Shares issued to certain Selling Shareholders (as defined below) pursuant to settlements of restricted stock units (which we refer to as "RSUs") or deferred stock
  units (which we refer to as "DSUs"), (b) 4,936,625 Common Shares issuable to certain Selling Shareholders pursuant to the vesting and settlement of RSUs, and (c) 437,500 Common Shares issuable to certain Selling Shareholders pursuant the
  vesting and settlement of DSUs, in each case, granted to the respective Selling Shareholders under the 2024 Incentive Compensation Plan.
  This Registration Statement contains a "reoffer prospectus" prepared in accordance with Part I of Form
  F-3
  (in accordance with Instruction C of the General Instructions to Form
  S-8).
  The reoffer prospectus may be used for reoffers and resales on a continuous or delayed basis of
  Common Shares that may be deemed to be "restricted securities" and/or "control securities" within the meaning of the Securities Act of 1933, as amended (which we refer to as the "Securities Act"), by certain directors,
  officers, other employees, and consultants of our Company identified in the reoffer prospectus (each of which we refer to as a "Selling Shareholder") for their own accounts. The inclusion of such Common Shares in the reoffer prospectus
  does not necessarily represent a present intention to sell any or all of such Common Shares. In accordance with General Instruction C of Form
  S-8,
  the amount of Common Shares to be reoffered or resold under
  the reoffer prospectus by each Selling Shareholder, and any other person with whom he or she is acting in concert for the purpose of selling such Common Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under
  the Securities Act.
  i
  Table of Contents
  PART I
  INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS
  Item 1.
  Plan Information.
  In accordance with the instructional Note to Part I of Form
  S-8,
  the information called for in Part I
  of Form
  S-8
  has been omitted from this Registration Statement. The documents containing the information specified in Part I of Form
  S-8
  have been or will be sent or
  given to the participants under the 2024 Incentive Compensation Plan as specified by Rule 428(b)(1) under the Securities Act. Such documents are not being filed by our Company with the U.S. Securities and Exchange Commission either as part of this
  Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. Such documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken
  together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
  Item 2.
  Registration Information and Employee Plan Annual Information.
  The written statement required by Item 2 of Part I of Form
  S-8
  is included in documents that have been
  or will be sent or given to the participants under the 2024 Incentive Compensation Plan pursuant to Rule 428(b) under of the Securities Act.
  ii
  Table of Contents
  REOFFER PROSPECTUS
  B
  RAZIL
  P
  OTASH
  C
  ORP
  .
  5,462,250 Common Shares
  This prospectus relates to 5,462,250 common shares, no par value per share (which we refer to as "Common Shares"), of Brazil Potash
  Corp., a corporation existing under the laws of the Province of Ontario, Canada, which may be reoffered and resold from time to time by certain of our shareholders that are directors, officers, other employees, or consultants of our Company (which
  we refer to collectively as the "Selling Shareholders") for their own accounts. We will not receive any of the proceeds from the sale of Common Shares by the Selling Shareholders pursuant to this prospectus.
  The Common Shares that may be reoffered and resold under this prospectus consist of (i) 88,125 Common Shares issued to certain Selling
  Shareholders pursuant to settlements of restricted stock units (which we refer to as "RSUs") or deferred stock units (which we refer to as "DSUs"), (ii) 4,936,625 Common Shares issuable to certain Selling Shareholders pursuant to
  the vesting and settlement of RSUs, and (iii) 437,500 Common Shares issuable to certain Selling Shareholders pursuant the vesting and settlement of DSUs, in each case, granted to the respective Selling Shareholders under the Brazil Potash Corp. 2024
  Incentive Compensation Plan (which we refer to as our "2024 Incentive Compensation Plan").
  The Selling Shareholders may sell
  the Common Shares described in this prospectus in a number of different ways and at varying prices, including sales in the open market, sales in negotiated transactions, and sales by a combination of these methods. The Selling Shareholders may sell
  any, all, or none of their Common Shares, and we do not know when or in what amount the Selling Shareholders may sell their Common Shares under this prospectus. The price at which any of the Common Shares may be sold, and the commissions, if any,
  paid in connection with any such sale, are unknown and may vary from transaction to transaction. The Common Shares may be sold at the market price of the Common Shares at the time of a sale, at prices relating to the market price over a period of
  time, or at prices negotiated with the buyers of the Common Shares. The Selling Shareholders will bear any and all sales commissions and similar expenses in connection with sales of their Common Shares hereunder. We provide more information
  regarding how the Selling Shareholders may sell their Common Shares in the section entitled "Plan of Distribution".
  Our Common
  Shares are listed on the NYSE American stock exchange (which we refer to as the "NYSE American") under the symbol "GRO". On April 25, 2025, the last sale price of our Common Shares reported on the NYSE American was $2.33 per
  share.
  The amount of Common Shares to be offered or resold under this prospectus by each Selling Shareholder, or other person with whom
  he or she is acting in concert for the purpose of selling Common Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act of 1933, as amended (which we refer to as the "Securities
  Act").
  Investing in our Common Shares involves a high degree of risk. Before buying any Common Shares, you should carefully read
  the discussion of the risks of investing in our Common Shares in the section entitled "
  Risk Factors
  " on page 3 of this prospectus.
  The U.S. Securities and Exchange Commission (which we refer to as the "SEC") may take the view that, under certain circumstances,
  the Selling Shareholders and any broker-dealers or agents that participate with the Selling Shareholders in the distribution of the Common Shares may be deemed to be "underwriters" within the meaning of the Securities Act. Commissions,
  discounts, or concessions received by any such broker-dealer or agent may be deemed to be underwriting commissions under the Securities Act. See the section entitled "Plan of Distribution".
  Neither the SEC nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is
  truthful or complete. Any representation to the contrary is a criminal offense.
  The date of this prospectus is April 29, 2025.
  Table of Contents
  TABLE OF CONTENTS
  Page
  ABOUT THIS REOFFER PROSPECTUS
  1
  THE COMPANY
  2
  RISK FACTORS
  3
  CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
  4
  USE OF PROCEEDS
  6
  SELLING SHAREHOLDERS
  7
  PLAN OF DISTRIBUTION
  10
  LEGAL MATTERS
  12
  EXPERTS
  12
  INFORMATION INCORPORATED BY REFERENCE
  13
  WHERE YOU CAN FIND MORE INFORMATION
  13
  Table of Contents
  ABOUT THIS REOFFER PROSPECTUS
  As used in this prospectus, unless the context otherwise requires or otherwise states, references to "Brazil Potash", our
  "Company", "we", "us", "our", and similar references refer to Brazil Potash Corp., a corporation existing under the laws of the Province of Ontario, Canada, and its subsidiaries.
  You should rely only on the information contained in this prospectus or in any accompanying prospectus supplement by us or on our behalf.
  Neither we nor the Selling Shareholders have authorized any other person to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. The Selling Shareholders are not making
  an offer to sell Common Shares in any jurisdiction where the offer or sale is not permitted. You should assume the information appearing in this prospectus is accurate only as of the date on the front cover of this prospectus, regardless of the time
  of delivery of this prospectus or of any sale of Common Shares. Our business, results of operations, financial condition, and prospects may have changed since that date.
  1
  Table of Contents
  THE COMPANY
  Business Overview
  We are a mineral
  exploration and development company with a potash mining project (the "Autazes Project") located in the state of Amazonas, Brazil. Our technical operations are based in Autazes, Amazonas, Brazil and Belo Horizonte, Minas Gerais, Brazil,
  and our corporate office is in Toronto, Ontario, Canada. The Autazes Project has not yet commenced commercial extraction, processing, sale, or distribution of potash ore. Accordingly, we have not generated any revenues as of the date of this
  prospectus, and we do not expect to realize profits in the short term. Our 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.
  Once our operations commence, our operating activities will be focused on the
  extraction and processing of potash ore from the underground mine of the Autazes Project and selling and distributing the processed potash in Brazil.
  Corporate Information
  Our legal and
  commercial name is Brazil Potash Corp. We were incorporated on October 10, 2006 under the laws of the Province of Ontario, Canada, and are headquartered in Toronto, Ontario, Canada. We were formed to engage in the exploration and mining of
  potash in Brazil.
  Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th
  Floor, New York, New York 10168. Our principal executive offices are located at 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2, and our main telephone number is +1(416)
  309-2963.
  Our internet website is
  www.brazilpotash.com. The information contained in, or that can be accessed through, our website is not incorporated by reference into, and is not a part of, this prospectus or our registration statement of which this prospectus forms a part. You
  should not consider any information on our website to be a part of this prospectus or our registration statement of which this prospectus forms a part, or use any such information in your decision on whether to purchase our Common Shares.
  2
  Table of Contents
  RISK FACTORS
  Investing in our Common Shares involves a high degree of risk. Before investing in our Common Shares, you should carefully consider the risks
  set forth under "Item 3.D. Risk Factors" of Part I of our Annual Report on Form
  20-F
  for the fiscal year ended December 31, 2024, filed with the SEC on March 28, 2025, as amended by that
  certain Amendment No. 1 to Form
  20-F
  filed with the SEC on April 9, 2025, which are incorporated by reference herein, and in subsequent reports filed by us with the SEC, together with the financial
  and other information contained or incorporated by reference in this prospectus. If any of the risks actually occur, our business, results of operations, liquidity, financial condition, and prospects could be materially and adversely affected. In
  such an event, the market price of our Common Shares could decline, and you could lose part or all of your investment. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business
  operations.
  3
  Table of Contents
  CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
  Various statements contained in this prospectus, including those that express a belief, expectation or intention, as well as those that are
  not statements of historical fact, are forward-looking statements. These forward-looking statements may include projections and estimates concerning our possible or assumed future results of operations, financial condition, business strategies and
  plans, market opportunity, competitive position, industry environment, and potential growth opportunities. In some cases, you can identify forward-looking statements by terms such as "may", "will", "should",
  "believe", "expect", "could", "intend", "plan", "anticipate", "estimate", "continue", "predict", "project", "potential",
  "target", "goal" or other words that convey the uncertainty of future events or outcomes. You can also identify forward-looking statements by discussions of strategy, plans, or intentions. Forward-looking statements in this
  prospectus include, but are not limited to, statements with respect to:
  •
  our ability to achieve profitability in the future;
  •
  our ability to obtain and maintain the necessary permits and licenses for the Autazes Project, and the timing and
  possible outcome of pending regulatory and permitting matters;
  •
  proposed expenditures for exploration work, and general and administrative expenses;
  •
  our ability to manage our development, growth and operating expenses;
  •
  the cost, timing, and results of our future development, construction, mining and production activities at the
  Autazes Project;
  •
  maintaining rights of access to, including successfully acquiring, leasing, purchasing and/or obtaining rights to
  occupy, the land for the development and operation of the Autazes Project;
  •
  our capital requirements and need for additional financing, and our ability to raise additional capital;
  •
  the estimated results of planned development, mining and production activities;
  •
  the estimated results of our greenhouse gas emissions analysis;
  •
  the supply and demand of potash;
  •
  general economic and financial conditions;
  •
  governmental regulation of mining operations and related matters;
  •
  our prospects, strategies, and business objectives and milestones; and
  •
  mining industry operational risk and industry trends.
  We caution you that the foregoing list does not contain all of the forward-looking statements made in this prospectus.
  We have based the forward-looking statements in this prospectus on our current expectations, estimates, and assumptions about future events.
  Although we believe that we have a reasonable basis for the forward-looking statements in this prospectus, we cannot guarantee that future results, performance, or events and circumstances reflected in such forward-looking statements will be
  achieved or occur at all. The outcome of the events described in these forward-looking statements is subject to numerous risks, uncertainties, and other factors described in "Risk Factors" and elsewhere in this prospectus. New risks and
  uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements in this prospectus. The results, events, and circumstances reflected in such
  forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in such forward-looking statements.
  The forward-looking statements in this prospectus relate only to events as of the date on which the statements are made. We undertake no
  obligation to update any forward-looking statements in this prospectus to reflect events or circumstances after the date of this prospectus or to reflect new information or the occurrence of unanticipated events, except as required by law. We may
  not actually achieve the plans, intentions, or expectations disclosed in such forward-looking statements, and you should not place undue reliance on such forward-looking statements. The forward-looking statements in this prospectus do not reflect
  the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments we may make.
  4
  Table of Contents
  Additionally, statements that "we believe" and similar statements reflect our
  beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this prospectus, and while we believe such information forms a reasonable basis for such statements, such information may be
  limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and you are
  cautioned not to place undue reliance on these statements.
  You should read this prospectus and the documents that we reference in this
  prospectus and have filed as exhibits to the registration statement, of which this prospectus is a part, completely and with the understanding that our actual future results may be materially different from what we expect. We qualify all of the
  forward-looking statements in this prospectus by these cautionary statements.
  5
  Table of Contents
  USE OF PROCEEDS
  The offers and resales of shares of our Common Stock under this prospectus are being conducted by the Selling Shareholders, and we will not
  receive any of the proceeds from the respective sales of our Common Shares by the Selling Shareholders. All proceeds from the respective sales of our Common Shares under this prospectus will be for the respective accounts of the Selling
  Shareholders. See the sections in this prospectus entitled "Selling Shareholders" and "Plan of Distribution".
  6
  Table of Contents
  SELLING SHAREHOLDERS
  This prospectus relates to the reoffer and resale from time to time by the Selling Shareholders of up to 5,462,250 Common Shares, consisting
  of (i) 88,125 Common Shares issued to certain Selling Shareholders pursuant to settlements of RSUs or DSUs, (ii) 4,936,625 Common Shares issuable to certain Selling Shareholders pursuant to the vesting and settlement of RSUs, and (iii) 437,500
  Common Shares issuable to certain Selling Shareholders pursuant the vesting and settlement of DSUs, in each case, acquired by the respective Selling Shareholders under our 2024 Incentive Compensation Plan.
  The following table sets forth (i) the number and percentage of Common Shares beneficially owned by each Selling Shareholder as of
  April 25, 2025, (ii) the number of Common Shares being offered for resale under this prospectus by each Selling Shareholder, and (iii) the number and percentage of Common Shares that each Selling Shareholder will beneficially own
  immediately following the completion of the offering, assuming that (a) all Common Shares being offered for resale under this prospectus are sold, (b) no other Common Shares beneficially owned by each respective Selling Shareholder are
  also sold, and (c) no Selling Shareholder will acquire additional Common Shares prior to the completion of the offering. The Selling Shareholders may sell any, all or none of the Common Shares being offered for resale under this prospectus, and
  we do not know when or in what amount the Selling Shareholders may sell such Common Shares. The inclusion of such Common Shares in the table below does not necessarily represent a present intention by the Selling Shareholders to sell any or all of
  such Common Shares. However, for the purposes of the table below, we have assumed that, after the completion of the offering, all Common Shares covered by this prospectus have been sold. We have based percentage ownership of our Common Shares on
  38,413,737 Common Shares outstanding as of April 25, 2025.
  To the extent a Selling Shareholder is an "affiliate" (as such
  term is defined under the Securities Act) of our Company, the amount of Common Shares that may be reoffered or resold by means of this prospectus by such Selling Shareholder, and any other person with whom such Selling Shareholder is acting in
  concert for the purpose of selling such Common Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act.
  Beneficial ownership is determined in accordance with Rule
  13d-3
  under the Exchange Act, is generally
  determined by voting power and/or investment power with respect to such securities, and, for purposes of the following table, includes Common Shares issuable pursuant to stock options that are exercisable within 60 days of the date of this
  prospectus, and Common Shares issuable pursuant to RSUs and/or DSUs that are subject to vesting and settlement conditions expected to occur within 60 days of the date of this prospectus. Common Shares issuable pursuant to stock options, RSUs and/or
  DSUs are deemed outstanding for purposes of computing the beneficial ownership percentage of such Selling Shareholder holding such securities, but are not deemed to be outstanding for purposes of computing the beneficial ownership percentage of any
  other Selling Shareholder. Unless otherwise noted below, to our knowledge, all Common Shares set forth in the following table are owned of record by such Selling Shareholder named as beneficial owner thereof, and such Selling Shareholder has sole
  voting and investment power with respect to such Common Shares.
  Except as noted in the footnotes to the following table, the address for
  each of the Selling Shareholders named in the table below is c/o Brazil Potash Corp., 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2.
  7
  Table of Contents
  Common Shares
  Beneficially Owned
  Prior to the Offering
  Common Shares
  Being
  Offered
  (1)
  Common Shares
  Beneficially Owned
  Immediately Following
  the
  Offering
  (2)
  Selling Shareholder
  Shares
  Percentage
  Shares
  Shares
  Percentage
  Mayo Schmidt
  Executive Chairman and Director
  155,000
  (3)
  *
  500,000
  (4)
  30,000
  *
  Matthew Simpson
  Chief Executive Officer
  20,000
  *
  750,000
  (5)
  20,000
  *
  Ryan Ptolemy
  Chief Financial Officer
  56,250
  (6)
  *
  250,000
  (5)
  56,250
  (6)
  *
  Neil Said
  Corporate Secretary
  43,750
  (7)
  *
  375,000
  (5)
  43,750
  (7)
  *
  Adriano Espeschit
  President and sole officer of Potássio do Brasil Ltda.
  13,465
  *
  375,000
  (5)
  13,465
  *
  Deborah Battiston
  Director
  3,113
  *
  25,000
  (5)
  3,113
  *
  Brett Lynch
  Director
  —
  *
  100,000
  (5)
  —
  *
  Pierre Pettigrew
  Director
  61,207
  (8)
  *
  62,500
  (5)
  61,207
  (8)
  *
  Peter Tagliamonte
  Director
  778
  *
  25,000
  (5)
  778
  *
  Carmel Daniele
  11,282,124
  (9)
  29.4
  %
  181,250
  (10)
  11,100,874
  28.9
  %
  Stan Bharti
  Former Executive Chairman and
  Director
  (11)
  4,131,059
  (12)
  10.8
  %
  850,000
  (13)
  4,106,059
  10.7
  %
  Other Selling Shareholders
  (14)
  1,164,250
  3.0
  %
  1,968,500
  (15)
  391,875
  1.0
  %
  *
  Represents beneficial ownership of less than 1%.
  (1)
  Reflects our Common Shares offered under this prospectus.
  (2)
  Assumes, with respect to each Selling Shareholder, that (a) all of the Common Shares being offered by such
  Selling Shareholder under this prospectus are sold, (b) no other Common Shares beneficially owned by such Selling Shareholder are also sold, and (c) such Selling Shareholder will not acquire additional Common Shares prior to the completion
  of the offering.
  (3)
  Represents 30,000 Common Shares held by Mr. Schmidt, and 125,000 Common Shares issuable pursuant to the
  settlement of vested RSUs held by Mr. Schmidt.
  (4)
  Represents (i) 250,000 Common Shares issuable pursuant to the vesting and settlement of RSUs, and (ii) 250,000
  Common Shares issuable pursuant to the vesting and settlement of DSUs, acquired by Mr. Schmidt under our 2024 Incentive Compensation Plan.
  (5)
  Represents the number of Common Shares issuable pursuant to the future vesting and settlement of unvested RSUs
  acquired by such Selling Shareholder under our 2024 Incentive Compensation Plan, which RSUs will vest more than 60 days from the date of this prospectus.
  (6)
  Represents 56,250 Common Shares issuable upon the exercise of stock options held by Mr. Ryan Ptolemy.
  (7)
  Represents 43,750 Common Shares issuable upon the exercise of stock options held by Mr. Neil Said.
  (8)
  Represents 36,207 Common Shares held by Mr. Pierre Pettigrew, and 25,000 Common Shares issuable upon the
  exercise of stock options held by Mr. Pettigrew.
  8
  Table of Contents
  (9)
  Represents 10,766,999 Common Shares held directly by CD Capital Natural Resources BPC LP (which we refer to as
  "CD Capital"), 365,125 Common Shares held directly by Ms. Carmel Daniele, 125,000 Common Shares issuable pursuant to the settlement of DSUs held by Ms. Daniele, and 25,000 Common Shares issuable upon the exercise of stock options
  held directly by CD Capital. Ms. Daniele is the founder and Chief Investment Officer of CD Capital, and, as such, Ms. Daniele has voting and investment power over the Common Shares beneficially held by CD Capital. Ms. Daniele
  disclaims beneficial ownership of the Common Shares held by CD Capital, except for any pecuniary interests therein. The address of each of CD Capital and Ms. Daniele is 105 Piccadilly, Penthouse Suite, London, W1J 7NJ, United Kingdom.
  (10)
  Represents (i) 56,250 Common Shares issued pursuant to the settlement of vested DSUs acquired by CD Capital,
  and (ii) 125,000 Common Shares issuable pursuant to the settlement of vested DSUs acquired by Ms. Carmel Daniele, in each case under our 2024 Incentive Compensation Plan.
  (11)
  Mr. Bharti resigned as our Executive Chairman and a director on the board of directors of our Company on
  January 6, 2025.
  (12)
  Represents 4,006,059 Common Shares held directly by Mr. Stan Bharti, his spouse, or his lineal
  descendants, and 125,000 Common Shares issuable upon the exercise of stock options held by Mr. Bharti. Mr. Bharti disclaims beneficial ownership of the 1,500,000 Common Shares beneficially owned by his lineal descendants. The address of
  Mr. Bharti is 65 Binscarth Road, Toronto, Ontario Canada, M4W 1Y8.
  (13)
  Represents (i) 25,000 Common Shares issued pursuant to the settlement of vested RSUs, and (ii) 825,000 Common
  Shares issuable pursuant to the future vesting and settlement of RSUs, which RSUs will vest more than 60 days from the date of this prospectus, in each case acquired by Mr. Bharti under our 2024 Incentive Compensation Plan.
  (14)
  Includes the following 23
  non-affiliated
  Selling Shareholders: Advanced
  Media Solutions, Luis Adams, Davidson Aquino, Daniyal Baizak, Blackfriars Capital Inc., Rafael Bloise, Helio Diniz, Xuan Do, Mark Eaton, Heidi Gerry, Kam Gill, David Gower, Miya Kobayash, Rebecca Larrat, Fred Leigh, Guilherme Lopes, Indivar Pathak,
  Lucio Rabelo, Wanda Roque, Darian Schmidt, Luciano Araujo Tavares, Wen Ye, and Mike Young.
  (15)
  Represents the aggregate number of (i) Common Shares issued pursuant to settlements of vested RSUs and
  DSUs, and (ii) Common Shares issuable pursuant to the vesting and future settlement of RSUs and DSUs, in each case acquired by such respective other Selling Shareholders under our 2024 Incentive Compensation Plan.
  9
  Table of Contents
  PLAN OF DISTRIBUTION
  We are registering the offer and resale of our Common Shares covered by this prospectus to permit the Selling Shareholders to conduct offers
  and resales of these Common Shares from time to time after the date of this prospectus. We will not receive any of the proceeds from the sales of our Common Shares offered by the Selling Shareholders under this prospectus. The aggregate proceeds to
  the Selling Shareholders from the sale of our Common Shares will be the purchase price of the Common Shares less any discounts and commissions. The Selling Shareholders reserve the right to accept or reject any proposed purchases of the Common
  Shares offered by this prospectus.
  The Common Shares offered by this prospectus may be sold from time to time to purchasers:
  •
  directly by the Selling Shareholders, or
  •
  through underwriters, broker-dealers, or agents, who may receive compensation in the form of discounts,
  commissions or agent's commissions from the Selling Shareholders or the purchasers of the Common Shares.
  Any
  underwriters, broker-dealers, or agents who participate in the sale or distribution of the Common Shares offered by this prospectus may be deemed to be "underwriters" within the meaning of the Securities Act. As a result, any discounts,
  commissions, or concessions received by any such broker-dealers or agents who are deemed to be underwriters will be deemed to be underwriting discounts and commissions under the Securities Act. Underwriters are subject to the prospectus delivery
  requirements under the Securities Act and may be subject to certain statutory liabilities under the Securities Act and the Securities Exchange Act of 1934, as amended (which we refer to as the "Exchange Act"). We will make copies of this
  prospectus available to the Selling Shareholders for the purpose of satisfying the prospectus delivery requirements under the Securities Act. To our knowledge, there are currently no plans, arrangements, or understandings between any of the Selling
  Shareholders and any underwriter, broker-dealer, or agent regarding the sale of Common Shares by any of the Selling Shareholders.
  The
  Common Shares offered by this prospectus may be sold in one or more transactions at:
  •
  fixed prices;
  •
  prevailing market prices at the time of sale;
  •
  prices related to such prevailing market prices;
  •
  varying prices determined at the time of sale; or
  •
  negotiated prices.
  Sales of the Common Shares offered by this prospectus may be effected in one or more transactions:
  •
  on the NYSE American or any other national securities exchange or quotation service on which our Common Shares
  may be listed or quoted at the time of sale;
  •
  in the
  over-the-counter
  market;
  •
  in transactions otherwise than on such securities exchanges or quotation services or in the
  over-the-counter
  market;
  •
  any other method permitted by applicable law; or
  •
  through any combination of the foregoing.
  These transactions may include block transactions or crosses. Crosses are transactions in which the same broker acts as an agent on both sides
  of the trade.
  10
  Table of Contents
  At the time a particular offering of Common Shares is made, a prospectus supplement, if
  required, will be distributed, which will set forth the name of the Selling Shareholder(s), the aggregate amount of Common Shares being offered, and the terms of the offering, including, to the extent required, (i) the name or names of any
  underwriters, broker-dealers, or agents, (ii) any discounts, commissions, and other terms constituting compensation to any such underwriters, broker-dealers, or agents, and (iii) any discounts, commissions, or concessions allowed or
  reallowed to be paid to broker-dealers.
  The Selling Shareholders will act independently from us in making decisions with respect to the
  timing, manner, and size of each resale or other transfer of the Common Shares offered by this prospectus. There can be no assurance that the Selling Shareholders will sell any or all of the Common Shares offered by this prospectus. Additionally, we
  cannot assure you that the Selling Shareholders will not transfer, distribute, devise, or gift Common Shares by other means not described in this prospectus. Furthermore, any Common Shares covered by this prospectus that qualify for sale under Rule
  144 under the Securities Act may be sold under Rule 144 rather than under this prospectus. Common Shares may be sold in certain states only through registered or licensed brokers or dealers, and in certain states, Common Shares may not be sold
  unless they have been registered or qualified for sale or an exemption from registration or qualification is available and complied with.
  The Selling Shareholders and any other person participating in the sale of the Common Shares offered by this prospectus will be subject to the
  Exchange Act. The Exchange Act rules include, without limitation, Regulation M, which may limit the timing of sales and purchases of any Common Shares by the Selling Shareholders or any other person. Additionally, Regulation M may restrict the
  ability of any person engaged in the distribution of Common Shares to engage in market-making activities with respect to the particular Common Shares being distributed. This may affect the marketability of the Common Shares and the ability of any
  person or entity to engage in market-making activities with respect to the Common Shares.
  The Selling Shareholders may indemnify any
  underwriter or broker that participates in transactions involving the sale of the Common Shares offered by this prospectus against certain liabilities, including liabilities arising under the Securities Act.
  11
  Table of Contents
  LEGAL MATTERS
  The validity of the Common Shares offered by this prospectus are being passed upon for us by Wildeboer Dellelce LLP, Toronto, Ontario.
  EXPERTS
  MNP LLP, independent registered public accounting firm, has audited our consolidated financial statements as of, and for the years ended,
  December 31, 2024, 2023 and 2022, as set forth in its reports thereon. Such consolidated financial statements have been incorporated by reference into this prospectus and the registration statement, of which this prospectus is a part, in
  reliance on the reports of MNP LLP, given on their authority as experts in accounting and auditing. MNP LLP is independent with respect to us in accordance with the U.S. federal securities laws and the applicable rules and regulations of the SEC and
  the Public Company Accounting Oversight Board on auditor independence. The principal business address of MNP LLP is 50 Burnhamthorpe Road W, Suite 900, Mississauga, Ontario, Canada, L5B 3C2.
  12
  Table of Contents
  INFORMATION INCORPORATED BY REFERENCE
  The following documents filed by us with the SEC are hereby incorporated by reference in this prospectus:
  (a)
  our Annual Report on
  Form
  20-F
  for the fiscal year ended December 31, 2024, filed with the SEC on March 28, 2025, as amended by that certain Amendment No. 
  1 to
  Form
  20-F
  filed with the SEC on April 9, 2025, which contains our
  audited financial statements for the latest fiscal year for which such statements have been filed;
  (b)
  our reports on Form
  6-K,
  filed with the SEC on (i)
  December 17, 2024
  (excluding Exhibit 99.1 furnished thereunder), and (ii)
  January 6, 2025
  (excluding Exhibit 99.1 furnished thereunder); and
  (c)
  the description of our Common Shares contained in our Registration Statement on
  Form
  8-A12B
  (File
  No. 001-42423),
  filed with the SEC under Section 12(b) of the Exchange Act on November 26, 2024, including any amendment or report filed
  for the purpose of updating such description.
  Additionally, all documents subsequently filed by us pursuant to Sections
  13(a), 13(c), 14, and 15(d) of the Exchange Act, on or after the date of this prospectus and prior to the filing of a post-effective amendment to the registration statement, of which this prospectus is a part, that indicates that all securities
  offered thereby have been sold or that deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this prospectus and to be part hereof from the date of the filing of such documents;
  provided,
  however
  , that documents or information deemed to have been furnished and not filed in accordance with the rules of the SEC shall not be deemed to be incorporated by reference into this prospectus. Any statement contained in a document
  incorporated or deemed to be incorporated by reference herein will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained herein or in any subsequently filed document which also is deemed to
  be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded will not be deemed, except as so modified or superseded, to constitute a part of this prospectus.
  WHERE YOU CAN FIND ADDITIONAL INFORMATION
  We file annual and other reports, and other information, with the SEC. Our SEC filings are available to the public over the Internet at the
  SEC's website at http://www.sec.gov. Additionally, our annual report on Form
  20-F
  and reports on Form
  6-K,
  including any amendments to those reports, and other
  information that we file with or furnish to the SEC pursuant to Section 13(a) or 15(d) of the Exchange Act, can also be accessed free of charge from our corporate website at www.brazilpotash.com. These filings will be available as soon as
  reasonably practicable after such materials are electronically filed with, or furnished to, the SEC by us. Information contained on our website is not part of this prospectus.
  We hereby undertake to provide without charge to each person, including any beneficial owner, to whom a copy of this prospectus is delivered,
  upon written or oral request of any such person, a copy of any and all of the information that has been incorporated by reference in this prospectus but not delivered with the prospectus, other than the exhibits to those documents, unless such
  exhibits are specifically incorporated by reference in this prospectus. Requests for such documents should be directed to Brazil Potash Corp., attention: Corporate Secretary, at 198 Davenport Road, Toronto, Ontario, Canada, M5R 1J2, or by telephone
  at +1(416)
  309-2963.
  13
  Table of Contents
  B
  RAZIL
  P
  OTASH
  C
  ORP
  .
  5,462,250 Common Shares
  R
  EOFFER
  P
  ROSPECTUS
  Table of Contents
  PART II
  INFORMATION REQUIRED IN REGISTRATION STATEMENT
  Item 3. Incorporation of Certain Documents by Reference
  The following documents filed by Brazil Potash Corp. (the "Registrant") with the U.S. Securities and Exchange Commission (the
  "SEC") are incorporated by reference into this registration statement on Form
  S-8
  (this "Registration Statement"):
  (a)
  the Registrant's Annual Report on Form
  20-F
  for the fiscal year
  ended December 31, 2024, filed with the SEC on March 28, 2025, as amended by that certain Amendment No. 1 to Form
  20-F
  filed with the SEC on April 9, 2025, which contains the
  Registrant's audited financial statements for the latest fiscal year for which such statements have been filed;
  (b)
  the Registrant's reports on Form
  6-K,
  filed with the SEC on
  (i) December 17, 2024 (excluding Exhibit 99.1 furnished thereunder), and (ii) January 6, 2025 (excluding Exhibit 99.1 furnished thereunder); and
  (c)
  the description of the Registrant's Common Shares contained in the Registrant's Registration
  Statement on Form
  8-A
  (File
  No. 001-42423),
  filed by the Registrant with the SEC under Section 12(b) of the Securities Exchange Act of 1934, as amended (the
  "Exchange Act"), on November 26, 2024, including any amendment or report filed for the purpose of updating such description.
  Additionally, all documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act, on or
  after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby have been sold or that deregisters all securities then remaining
  unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be part hereof from the date of the filing of such documents;
  provided, however
  , that documents or information deemed to have been furnished and
  not filed in accordance with the rules of the SEC shall not be deemed to be incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein will be
  deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes
  such statement. Any such statement so modified or superseded will not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
  The Registrant will provide without charge to each person to whom documents are being provided pursuant to Part I of this Registration
  Statement, upon the request of any such person, a copy of any document incorporated by reference herein (other than exhibits). Requests for such copies should be directed to Brazil Potash Corp. at 198 Davenport Road, Toronto, Ontario, Canada M5R
  1J2, Attention: Corporate Secretary.
  Item 4. Description of Securities.
  Not applicable.
  Item 5. Interests of
  Named Experts and Counsel.
  None of the experts or counsel engaged by the Registrant, including MNP LLP, Greenberg Traurig, P.A. and
  Wildeboer Dellelce LLP, have any interests in the Registrant.
  Item 6. Indemnification of Directors and Officers.
  The Registrant is incorporated under the laws of the Province of Ontario, Canada, and is governed by the Business Corporations Act (Ontario)
  (the "OBCA"). In accordance with the OBCA and pursuant to the Registrant's bylaws (the "Bylaws"), subject to certain conditions, the Registrant shall, subject to the limitations contained in the OBCA, indemnify its directors
  and officers, any former director or officer, or any other individual who acts or acted at its request as a director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including any
  amount paid to settle an action or satisfy a judgment, reasonably incurred by such individual in respect of any civil,
  II-1
  Table of Contents
  criminal, administrative, investigative or other proceeding in which such individual is involved because of such association with the Registrant or other entity, if such individual:
  •
  acted honestly and in good faith with a view to the Registrant's best interests, or, as the case may be, the
  best interests of the other entity for which such individual acted as a director or officer or in a similar capacity at the Registrant's request; and
  •
  in the case of a criminal or administration action or proceeding enforced by a monetary penalty, had reasonable
  grounds to believe the conduct was lawful.
  Pursuant to the Bylaws, the Registrant shall also indemnify such individual
  in other circumstances as the OBCA permits or requires.
  Additionally, the Registrant may purchase and maintain insurance for the benefit
  of any indemnified individual against such liabilities, in such amounts as its board of directors may from time to time determine and as permitted by the OBCA. The Registrant currently carries insurance policies insuring its directors and officers
  against certain liabilities that they may incur in their capacity as directors and officers.
  Furthermore, the Registrant has entered into
  an indemnity agreement with each of its current directors and officers, and intend to enter into an indemnity agreement with each of its future directors and officers, whereby the Registrant has agreed or will agree to indemnify such directors and
  officers against all expenses and liabilities incurred in such capacity to the fullest extent permitted by law, subject to limited exceptions.
  Insofar as indemnification by the Registrant for liabilities arising under the Securities Act may be permitted to its directors, officers or
  persons controlling the Registrant pursuant to the foregoing or otherwise, the Registrant has been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore
  unenforceable. In the event a director, officer or controlling person asserts a claim for indemnification in connection with the successful defense of any action, suit or proceeding resulting from this offering, the Registrant will, unless otherwise
  advised by counsel, submit to a court of competent jurisdiction the question of whether such indemnification is against public policy. The Registrant will be governed by the final adjudication of such issue.
  See also the Registrant's undertakings set forth in Item 9 below.
  Item 7. Exemption from Registration Claimed.
  The issuance of the Common Shares being offered by the reoffer prospectus were deemed to be exempt from registration under the Securities Act
  in reliance upon Section 4(a)(2) of the Securities Act as transactions by an issuer not involving any public offering, or Rule 701 under the Securities Act as issuances pursuant to benefit plans and contracts relating to compensation as
  provided under Rule 701. The recipients of the securities in each of these transactions represented their intention to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and
  appropriate legends were placed upon such securities issued in these transactions. All such recipients had adequate access, through their relationships with the Registrant, to information about the Registrant.
  II-2
  Table of Contents
  Item 8. Exhibits.
  Incorporated by Reference
  Exhibit
  Number
  Exhibit Description
  Form
  File
  Number
  Exhibit
  Filing
  Date
  4.1
  Articles of Incorporation of Brazil Potash Corp.
  F-1
  333-281663
  3.1
  August 20, 2024
  4.2
  Articles of Amendment (to Articles of Incorporation) of Brazil Potash Corp., dated October 18, 2024
  F-1/A
  333-281663
  3.2
  October 23, 2024
  4.3
  Bylaws of Brazil Potash Corp.
  F-1/A
  333-281663
  3.3
  October 23, 2024
  4.4
  Specimen Common Share Certificate
  F-1
  333-281663
  4.1
  August 20, 2024
  5.1*
  Opinion of Wildeboer Dellelce LLP
  23.1*
  Consent of Wildeboer Dellelce LLP (included in Exhibit 5.1)
  23.2*
  Consent of MNP LLP, independent registered public accounting firm
  24.1*
  Power of Attorney (included on the signature page to this Registration Statement)
  99.1†
  Brazil Potash Corp. 2024 Incentive Compensation Plan
  F-1
  333-281663
  10.4
  August 20, 2024
  107*
  Filing Fee Table
  *
  Filed herewith.
  †
  Management contract or compensatory plan or arrangement.
  Item 9.
  Undertakings.
  (a)
  The undersigned Registrant hereby undertakes:
  (1)
  To file, during any period in which offers or sales are being made, a post-effective amendment to this
  Registration Statement:
  (i)
  To include any prospectus required by Section 10(a)(3) of the Securities Act;
  (ii)
  To reflect in the prospectus any facts or events arising after the effective date of this Registration
  Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or
  decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of
  prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration
  Fee" table in the effective Registration Statement; and
  (iii)
  To include any material information with respect to the plan of distribution not previously disclosed in this
  Registration Statement or any material change to such information in this Registration Statement;
  provided
  ,
  however
  , that paragraphs (A)(1)(i) and (A)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the SEC by the Registrant pursuant
  to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.
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  Table of Contents
  (2)
  That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment
  shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
  (3)
  To remove from registration by means of a post-effective amendment any of the securities being registered which
  remain unsold at the termination of the offering.
  (b)
  The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each
  filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the
  Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the
  initial bona fide offering thereof.
  (c)
  Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors,
  officers, and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act
  and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer, or controlling person of the Registrant in the
  successful defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been
  settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
  II-4
  Table of Contents
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, as amended (the "Securities Act"), the Registrant certifies that it has
  reasonable grounds to believe that it meets all of the requirements for filing on Form
  S-8
  and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly
  authorized, in the City of Toronto, Province of Ontario, Canada on April 29, 2025.
  B
  RAZIL
  P
  OTASH
  C
  ORP
  .
  By:
  /s/ Matthew Simpson
  Name: Matthew Simpson
  Title: Chief Executive Officer and Director
  POWER OF ATTORNEY
  KNOW ALL PERSONS BY THESE PRESENTS, that each of the undersigned executives and directors of the Registrant, a corporation existing under the
  laws of the Province of Ontario, Canada, which is filing this Registration Statement on Form
  S-8
  with the U.S. Securities and Exchange Commission under the provisions of the Securities Act, and the
  Registrant's Authorized Representative in the United States, hereby constitutes and appoints Matthew Simpson and Ryan Ptolemy, and each of them, as such individual's true and lawful
  attorneys-in-fact
  and agents, with full power to act separately and full power of substitution and resubstitution, for such individual and in his or her name, place and stead, in any and all capacities, to
  sign any and all amendments (including post-effective amendments) to this Registration Statement, including a prospectus or an amended prospectus therein and any registration statement for the same offering that is to be effective upon filing
  pursuant to Rule 462(b) under the Securities Act, and all other documents in connection therewith to be filed with the U.S. Securities and Exchange Commission, granting unto each said
  attorney-in-fact
  and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully
  to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said
  attorneys-in-fact
  and agents or either of them or his or her
  or their substitute or substitutes may lawfully do or cause to be done by virtue hereof.
  Pursuant to the requirements of the Securities
  Act, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
  Signature
  Title
  Date
  /s/ Matthew Simpson
  Matthew Simpson
  Chief Executive Officer and Director
  (Principal Executive Officer)
  April 29, 2025
  /s/ Ryan Ptolemy
  Ryan Ptolemy
  Chief Financial Officer
  (Principal Financial and Accounting Officer)
  April 29, 2025
  /s/ Mayo Schmidt
  Mayo Schmidt
  Executive Chairman and Director
  April 29, 2025
  /s/ Deborah Battiston
  Deborah Battiston
  Director
  April 29, 2025
  /s/ Christian Joerg
  Christian Joerg
  Director
  April 29, 2025
  /s/ Brett Lynch
  Brett Lynch
  Director
  April 29, 2025
  Table of Contents
  Signature
  Title
  Date
  /s/ Pierre Pettigrew
  Pierre Pettigrew
  Director
  April 29
  , 2025
  /s/ Peter Tagliamonte
  Peter Tagliamonte
  Director
  April 29, 2025
  Table of Contents
  Signature of Authorized Representative in the United States
  Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned certifies that it is the duly authorized
  representative in the United States of Brazil Potash Corp. and has duly caused this Registration Statement on Form
  S-8
  to be signed by the undersigned, thereunto duly authorized, on April
  29
  , 2025.
  Authorized Representative in the United States
  :
  Cogency Global Inc.
  By:
  /s/ Colleen A. De Vries
  Name: Colleen A. De Vries
  Title: Senior Vice President