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GRO vs NRP

Brazil Potash Corp. and Natural Resource Partners L.P.

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Brazil Potash Corp.

Brazil Potash Corp. engages in the exploration and development of potash properties in Brazil. The company holds interest in the Autazes project located in the state of Amazonas, Brazil. Brazil Potash Corp. was incorporated in 2006 and is headquartered in Toronto, Canada.

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Natural Resource Partners L.P.

Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. The company operates in two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.

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