BRAZIL MINERALS APPLIES TO UPLIST TO OTCQB

BELO HORIZONTE, BRAZIL–(March 4, 2021) – Brazil Minerals, Inc. (the “Company” or “Brazil Minerals”) (OTC: BMIX), the Strategic Mineral Resource Company for the Green Energy Revolution, is pleased to announce that it has submitted an application to move its common stock from the OTC Pink Open Market to the OTCQB Venture Market, both owned and operated by the OTC Markets Group. The Company believes that up-listing to OTCQB is a natural progression in its growth trajectory and would increase its visibility to a wider range of investors and potential partners.With a portfolio of projects for essential strategic minerals – lithium, rare earths, and titanium – and equity interests in subsidiaries focused on iron and on gold, Brazil Minerals is in a truly unique position to benefit from an up-listing to OTCQB. The Company already meets the OTCQB compliance requirement of filing with the U.S. Securities and Exchange Commission its annual financial statements prepared in accordance to U.S. GAAP and audited by a U.S. PCAOB auditor. In addition, Brazil Minerals maintains a Verified Company Profile at OTCMarkets.com.

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTC: BMIX) has a business model focused on mining specific areas and advancing projects from its portfolio of high-quality mineral rights for transactions leading to royalties and/or equity positions, such as its stake in Jupiter Gold Corporation (OTC: JUPGF). Brazil Minerals, Inc. has projects in iron, lithium, rare earths, titanium, nickel, and placer diamonds and gold. More information on Brazil Minerals is at www.brazil-minerals.com. Follow us on Twitter: @BMIXstock.

Safe Harbor Statement

This press release contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.’s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, Brazil Minerals, Inc.’s ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. We advise U.S. investors that Brazil Minerals’ (and its subsidiaries’) properties and projects, as of now, are exploratory and do not have measured “reserves” as such term is defined by the Securities and Exchange Commission.

Contact:

Brian W. Bernier
Head, Corporate Development and Investor Relations
(833) 661-7900
info@brazil-minerals.com
www.brazil-minerals.com

@BMIXstock