Brazil Potash Corp. posts $45.2 million loss for nine months ended September 2025
Brazil Potash Corp. reported a net loss of $45.2 million for the nine months ended September 30, 2025, compared to a net loss of $25.0 million for the same period in 2024. As of September 30, 2025, the company's cash and cash equivalents totaled $9.3 million, down from $18.9 million at the end of 2024. Working capital stood at $8.3 million, a decrease from $17.9 million as of December 31, 2024. The company's accumulated deficit reached $191.7 million, up from $158.6 million at the end of the previous year. Additions to exploration and evaluation assets totaled $21.4 million during the period. In November 2024, Brazil Potash and its subsidiary entered into an option agreement and received proceeds of $1.0 million. The company's ability to continue as a going concern depends on securing additional financing.
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