As demand for agro-mineral projects in Brazil continues, Eagle Star Minerals Corp., (CVE:EGE) has been working to bulk up its position as a provider of agro-minerals ever since announcing a strategic shift in focus to phosphate exploration in February.

Junior explorer Eagle Star Minerals (CVE:EGE) has changed its focus from iron ore after seeing opportunistic trends in the agro-minerals space.

Junior explorer Eagle Star Minerals (CVE:EGE) last week refocused its strategy on phosphate exploration in Brazil - a plan CEO Eran Friedlander said gives the company a "competitive edge", and puts it on the path for a "very successful" year ahead.

Eagle Star Minerals (CVE:EGE) said Monday it will acquire the Samba phosphate project, located in the western portion of Piaui state in Brazil, prompting a shift in the company's strategic focus.

BRP plans to sell 12.2 million shares for C$21.50 each, the Valcourt, Quebec-based company said in a statement on Wednesday. Based on that price, the company’s market capitalization will be about C$2.5-billion. The IPO is Canada's largest since Hudson's Bay Co. (TSE:HBC), the country's oldest company, raised $365 million in November. 

Canadian shares stretched this year's gains on Wednesday, fueled by gains across most major sectors on optimism that the U.S. Federal Reserve will keep its easy money policy in place for now. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 1.2 percent to 12,889.26 at 12:24 p.m. in Toronto on Wednesday. The gauge has extended year-to-date gains to 3.6 percent. Almost four shares advanced for every stock that declined.

Treasury Metals (TSE:TML) has unveiled additional drill results from its Goliath gold project in northwestern Ontario, with results showing near-surface intersections as high as 4.18 grams per tonne (g/t) gold. 

Largo Resources (CVE:LGO) is on path to becoming the lowest cost producer of vanadium in the world from a primary source, according to CEO Mark Brennan, with the company's Maracás project in Brazil on pace for commissioning in the fourth quarter.