<SEC-DOCUMENT>0000950123-22-012533.txt : 20241227
<SEC-HEADER>0000950123-22-012533.hdr.sgml : 20241227
<ACCEPTANCE-DATETIME>20221121144231
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000950123-22-012533
CONFORMED SUBMISSION TYPE:	DRSLTR
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20221121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Brazil Potash Corp.
		CENTRAL INDEX KEY:			0001472326
		STANDARD INDUSTRIAL CLASSIFICATION:	MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DRSLTR

	BUSINESS ADDRESS:	
		STREET 1:		198 DAVENPORT ROAD
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2R 1J2
		BUSINESS PHONE:		416-309-2963

	MAIL ADDRESS:	
		STREET 1:		198 DAVENPORT ROAD
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M2R 1J2
</SEC-HEADER>
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<IMG SRC="g303049g0826125601635.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">November&nbsp;21, 2022 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><U>CONFIDENTIAL SUBMISSION VIA EDGAR </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">U.S.
Securities and Exchange Commission </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Division of Corporation Finance </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">100 F Street, NE </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, D.C. 20549 </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="4%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">Re:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Brazil Potash Corp. </P></TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman">CIK No.&nbsp;0001472326 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:9%; font-size:10pt; font-family:Times New Roman"><U>Confidential Submission of Draft Registration Statement on Form <FONT STYLE="white-space:nowrap">F-1</FONT></U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On behalf of our client,
Brazil Potash Corp., a corporation existing under the laws of the Province of Ontario, Canada (the &#147;<U>Company</U>&#148;), we are submitting a draft registration statement on Form <FONT STYLE="white-space:nowrap">F-1</FONT> (the
&#147;<U>Registration Statement</U>&#148;) to the staff of the U.S. Securities and Exchange Commission for confidential, nonpublic review pursuant to Section&nbsp;6(e) of the Securities Act of 1933, as amended (the &#147;<U>Securities
Act</U>&#148;). The draft Registration Statement submitted herewith relates to the intended registration of the offer and sale of the Company&#146;s common shares, no par value per share (&#147;<U>Common Shares</U>&#148;), pursuant to Section&nbsp;5
of the Securities Act, in connection with the Company&#146;s proposed initial public offering of its Common Shares (the &#147;<U>IPO</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On behalf of the Company, we confirm to you that, as of the date of this letter, the Company is an &#147;emerging growth company&#148; (as
defined under Section&nbsp;2(a)(19) of the Securities Act) because its total gross revenues during the fiscal year ended December&nbsp;31, 2021 (its most recently completed fiscal year) were less than $1.07&nbsp;billion. In addition, on behalf of
the Company, we confirm to you that, as of the date of this letter, none of the disqualifying conditions set forth in Section&nbsp;2(a)(19) of the Securities Act have occurred. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">We also hereby confirm, on behalf of the Company, that the Company will publicly file the Registration Statement at least 15 days before the
Company commences its roadshow in connection with the IPO, or in the absence of a roadshow, at least 15 days prior to the requested effective date of the Registration Statement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If you have any questions or comments concerning this submission, please do not hesitate to call me at (954)
<FONT STYLE="white-space:nowrap">768-8221</FONT> or email me a <U>distefanor@gtlaw.com</U>. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
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<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Very truly yours,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></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:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Rebecca G. DiStefano</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Rebecca G. DiStefano, Esq.</TD></TR>
</TABLE></DIV> <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="4%" VALIGN="top" ALIGN="left">cc:</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Matthew Simpson, Chief Executive Officer, Brazil Potash Corp. </P></TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">Ryan Ptolemy, Chief Financial Officer, Brazil Potash Corp. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:Times New Roman">William Wong, Esq., Greenberg Traurig, LLP </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">GREENBERG TRAURIG, LLP &nbsp;&#8718;&nbsp; ATTORNEYS AT LAW &nbsp;&#8718;&nbsp; WWW.GTLAW.COM </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">401 East Las Olas Boulevard, Suite 2000 &nbsp;&#8718;&nbsp; Fort Lauderdale, Florida 33301 &nbsp;&#8718;&nbsp; Tel 954.765.0500 &nbsp;&#8718;&nbsp; Fax
954.765.1477 </P>
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