Prompted by press inquiries, Brazil Potash, Toronto, which is developing the Autazes Potash Project in Amazonas State in Brazil, has detailed its ownership, saying in total it is owned by over 7,000 shareholders mainly located in the US, UK, Australia, Canada, and Brazil.
The company said its largest shareholder, London-based CD Capital, owns 30.7% and is a natural resource-focused investment fund. The second largest at 20.9% is Sentient Equity Partners, Grand Cayman, also a natural resource-focused fund.
Coming in third is Forbes & Manhattan Barbados at 12.2%, which is a developer of primarily natural resource-focused firms. The company is owned by the Bharti Family Trust, Delhi, India, and includes personal family investments from one of the founders of Brazil Potash who also founded and is the Chairman of Forbes & Manhattan Inc., Toronto, which develops natural resource projects globally.
The fourth largest group, at 12%, includes substantial Brazilian ownership largely by families located in Amazonas State. The remainder, at 24.2%, includes over 7,000 institutional and retail investors predominately located in the US.