What agreement has Brazil Potash formalized with the Mura Indigenous Council?

Potassium do Brasil, Brazil Potash’s Brazilian operating subsidiary, has formalized a Term of Commitment and Cooperation with the Mura Indigenous Council (Conselho Indígena Mura — “CIM”). The agreement establishes a framework for joint action focused on sustainable territorial development and improving living conditions in indigenous communities in the municipality of Autazes, in Amazonas.

How will implementation of the agreement be governed and monitored?

The agreement establishes monitoring mechanisms and structured dialogue, including regular interaction between the parties to track implementation and promote adjustments over time. The governance framework is intended to provide transparency, predictability and ongoing participation throughout the Project’s development cycle, with monitoring across all 37 Mura villages.

What principles and consultation arrangements apply to the agreement?

The agreement is based on good faith, transparency, respect for indigenous rights and continuous dialogue. It is aligned with Convention No. 169 of the International Labour Organization and international best practices for engagement with indigenous peoples. The source says the consultation and engagement process continues to evolve, with a focus on active listening, collaborative solutions and respect for diverse perspectives across the territory.

What going-concern disclosure did Brazil Potash make?

Brazil Potash stated that its audited consolidated financial statements for the fiscal year ended December 31, 2025 included an audit opinion containing an emphasis of matter paragraph relating to substantial doubt about the Company’s ability to continue as a going concern. The announcement was made pursuant to Section 610(b) of the NYSE American Company Guide and, according to the source, does not change or amend the audited consolidated financial statements or the annual report on Form 20-F.

Where is Brazil Potash listed, and what does the source say about its business?

The source identifies Brazil Potash as listed on the NYSE-American under the ticker GRO. It describes the Company as a mineral exploration and development company advancing the Autazes potash project in Amazonas State, Brazil. The source also states that Brazil Potash is developing the project to supply fertilisers domestically, while noting that statements about the project’s future status, production, environmental regulation and alternative power arrangements are forward-looking and subject to uncertainties and contingencies.

Brazil Potash Formalizes Mura Cooperation Agreement in Autazes

Q: What areas does the cooperation framework cover?

The Cooperation Agreement provides the foundation for strengthening the Bem Viver Mura Program across four pillars: social development, cultural appreciation, income generation and institutional strengthening. The source states that planned actions are intended to respect the communities’ socio-cultural specifics, ways of life and the territorial dynamics of the region.

Q: What is the current status of the Autazes Project’s power supply arrangements?

The previously disclosed non-binding memorandum of understanding with Fictor Energia S.A. for a build-own-operate-transfer power supply arrangement has lapsed in accordance with its terms and has not been renewed or extended. The proposed arrangement contemplated construction and operation of an approximately 300 MW power generation facility at an estimated construction cost of approximately US$200 million. Brazil Potash says it is discussing similar BOOT or other power supply arrangements with other providers, but there can be no assurance that it will enter into a definitive power supply agreement on acceptable terms, or at all.

Potassium do Brasil, the Brazilian subsidiary of Brazil Potash Corp. (NYSE-American: GRO), has formalized a cooperation agreement with the Mura Indigenous Council for initiatives in Autazes, Amazonas. The arrangement is intended to support territorial development and living conditions in the municipality’s Mura communities.

#Four areas covered by the agreement

The agreement creates a framework for joint activities under the Bem Viver Mura Program. Its four focus areas are social development, cultural appreciation, income generation and institutional strengthening.

Brazil Potash said the planned activities are intended to take account of the communities’ cultural characteristics, ways of life and the region’s territorial conditions.

#Participation across 37 Mura villages

Implementation will be supported by formal governance arrangements, monitoring processes and continuing discussions between the company and the Mura Indigenous Council. These mechanisms are intended to follow progress, allow changes over time and maintain participation during the development of the Autazes Project.

The framework covers all 37 Mura villages. The company said engagement with the communities remains an evolving process centred on listening, joint problem-solving and recognition of differing views across the territory.

#Principles guiding the cooperation

The parties’ arrangement is based on good faith, openness, recognition of Indigenous rights and ongoing dialogue. It is aligned with Convention No. 169 of the International Labour Organization and international practices for engagement with Indigenous peoples.

Representatives of Potassium do Brasil and Mura Indigenous Council leaders attended the signing. Brazil Potash Project Director Raphael Bloise said the company aims to develop a long-term relationship with local communities while respecting their culture, rights and priorities. Mura Indigenous Council General Coordinator Kleber Mura said the agreement would support the participation of the council and the communities it represents.

#Power supply memorandum has lapsed

Brazil Potash also said a previously disclosed non-binding memorandum of understanding with Fictor Energia S.A. has lapsed under its terms and was not renewed or extended.

The proposed build-own-operate-transfer arrangement contemplated the construction and operation of an approximately 300 MW power generation facility at an estimated construction cost of approximately US$200 million. Brazil Potash said it is discussing similar BOOT or other power supply arrangements with other providers, but there can be no assurance that it will secure a definitive agreement on acceptable terms, or at all.

#Going-concern disclosure

Brazil Potash filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 on March 23, 2026. The company said its audited consolidated financial statements included an audit opinion with an emphasis of matter paragraph concerning substantial doubt about its ability to continue as a going concern.

The disclosure was made under Section 610(b) of the NYSE American Company Guide. Brazil Potash said the announcement does not amend its audited consolidated financial statements or its Form 20-F annual report.

#Key Takeaways

Potassium do Brasil formalized a cooperation agreement with the Mura Indigenous Council for initiatives in Autazes, Amazonas.
The Bem Viver Mura Program covers social development, cultural appreciation, income generation and institutional strengthening.
Governance and monitoring arrangements are intended to support engagement across all 37 Mura villages.
The non-binding Fictor power supply memorandum has lapsed, while discussions with other providers continue without assurance of a definitive agreement.
Brazil Potash disclosed that its 2025 audit opinion included an emphasis of matter concerning substantial doubt about going-concern status.

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Brazil Potash Formalizes Cooperation Agreement With Mura Indigenous Council in Autazes