brazilsc13g_2122015.htm


UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
 (Amendment No.   )*
 
BRAZIL MINERALS, INC.
(Name of Issuer)
 
Common Stock, par value $.001 per share
(Title of Class of Securities)
 
105861108
(CUSIP Number)
 
February 12, 2015
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Continued on following pages
 Page 1 of 6 Pages
 
 
 
 


 
 
CUSIP NO.  105861108
 
Page 2 of  6  Pages

           
1
 
NAME OF REPORTING PERSON:
 
  Brazil Mining, Inc.
   
   
 
 
     
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
 
(a)   o
 
(b)   o
     
3
 
SEC USE ONLY:
   
   
     
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
Delaware
       
 
5
 
SOLE VOTING POWER:
     
   
0
NUMBER OF      
SHARES
6
 
SHARED VOTING POWER:
BENEFICIALLY
   
OWNED BY
 
15,477,306
EACH
     
REPORTING
7
 
SOLE DISPOSITIVE POWER:
PERSON
   
WITH:
 
0
       
 
8
 
SHARED DISPOSITIVE POWER:
     
   
15,477,306
     
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
 
15,477,306
     
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
 
o
     
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
 
7.07%
     
12
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
 
CO
 
 
 

 

 
CUSIP NO.  105861108
 
Page 3 of  6  Pages

           
1
 
NAME OF REPORTING PERSON:
 
   
   
   
Sainte Valiere, LLC
 
 
     
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
 
 
 
(a)   o
 
(b)   o
     
3
 
SEC USE ONLY:
   
   
     
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
Nevis
       
 
5
 
SOLE VOTING POWER:
     
   
0
NUMBER OF      
SHARES
6
 
SHARED VOTING POWER:
BENEFICIALLY
   
OWNED BY
 
17,454,087 (1)
EACH      
REPORTING
7
 
SOLE DISPOSITIVE POWER:
PERSON
   
WITH:
 
0
       
 
8
 
SHARED DISPOSITIVE POWER:
     
   
17,454,087 (1)
     
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
 
17,454,087 (1)
     
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
 
o
     
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
 
7.98%
     
12
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
 
OO
______________

 
(1)
Includes 79,999 shares of common stock which are issuable upon exercise of currently exercisable warrants held by Sainte Valiere, LLC.
 
 
 

 
 
CUSIP NO.  105861108
 
Page 4 of  6  Pages

           
1
 
NAME OF REPORTING PERSON:
   
   
Marc Fogassa
 
     
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
 
(a)   o
 
(b)   o
     
3
 
SEC USE ONLY:
   
   
     
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
United States of America
       
 
5
 
SOLE VOTING POWER:
     
NUMBER OF
 
0
       
SHARES
6
 
SHARED VOTING POWER:
BENEFICIALLY
   
OWNED BY
 
32,931,393 (1)
       
EACH
7
 
SOLE DISPOSITIVE POWER:
REPORTING
   
PERSON
 
0
       
WITH:
8
 
SHARED DISPOSITIVE POWER:
     
   
32,931,393 (1)
     
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON:
   
 
32,931,393 (1)
     
10
 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
 
o
     
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
 
15.06%
     
12
 
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
 
IN
______________
 
 
(1)
Includes 79,999 shares of common stock which are issuable upon exercise of currently exercisable warrants held by Sainte Valiere, LLC.
 
 
 

 
 
CUSIP NO.  105861108
 
Page 5 of  6 Pages

     
Item
 
1(a) Name of Issuer: Brazil Minerals, Inc. (the “Issuer”).

   
1(b) Address of the Issuer’s Principal Executive Offices:
155 North Lake Avenue, Suite 800, Pasadena, California 91101
           
Item
 
2(a) Name of Person Filing
 
The Statement is filed on behalf of:
               
 
(i)
Brazil Mining, Inc., a Delaware corporation (“BMI”),
 
(ii)
Sainte Valiere, LLC, a Nevis limited liability company (Sainte Valiere”); and
 
(iii)
Marc Fogassa (“Fogassa”; each of BMI, Sainte Valiere and Fogassa is also sometimes referred to herein as a“Reporting Person” and together they are referred to as the “Reporting Persons”).

Item
 
2(b) Address of Principal Business Office or, if None, Residence:
The address of the principal business office of BMI and Fogassa is 155 North Lake Avenue, Suite 800, Pasadena, California 91101. The address of Sainte Valiere is c/o Southpac Trust Nevis Limited, Hunkins Plaza, Charlestown, Nevis.
 
Item 2(c)
 
Citizenship:
BMI is a Delaware corporation. Sainte Valiere is a Nevis limited liability company. Fogassa is a U.S. citizen.

Item 2(d)
 
Title of Class of Securities:
Common Stock, par value $0.001 per share (the “Shares”).
                    
Item 2(e)
 
CUSIP Number:
105861108
                    
Item 3.
 
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
 This Item 3 is not applicable.
                   
Item 4.
 
Ownership:

Item 4(a)
 
Amount Beneficially Owned:
As of the date hereof, BMI may be deemed to be the beneficial owner of 15,477,306 Shares; Sainte Valiere may be deemed to be the beneficial owner of 17,454,087 Shares and Fogassa may be deemed to be the beneficial owner of 32,931,393 Shares
                    
Item 4(b)
 
Percent of Class:
BMI may be deemed to be the beneficial owner of approximately 7.07% of the Shares, Sainte Valiere may be deemed to be the beneficial owner of approximately 7.98% of the Shares and Fogassa may be deemed to be the beneficial owner of approximately 15.06% of the Shares.
                    
Item 4(c)
 
Number of shares as to which such person has:
     
     
 
 
A.         BMI:

 
(i)
 
Sole power to vote or direct the vote:
   
0
 
 
(ii)
 
Shared power to vote or to direct the vote
   
15,477,306
 
 
(iii)
 
Sole power to dispose or to direct the disposition of
   
0
 
 
(iv)
 
Shared power to dispose or to direct the disposition of
   
15,477,306
 

 
 

 

     
CUSIP NO.  105861108
 
Page 6 of 6 Pages

 
B.
   Sainte Valiere

 
(i)
   
Sole power to vote or direct the vote:
   
0
 
 
(ii)
   
Shared power to vote or to direct the vote
   
17,454,087
 
 
(iii)
   
Sole power to dispose or to direct the disposition of
   
0
 
 
(iv)
   
Shared power to dispose or to direct the disposition of
   
17,454,087
 

 
C.
   Fogassa

 
(i)
   
Sole power to vote or direct the vote:
       
          0
 
 
(ii)
   
Shared power to vote or to direct the vote
       
32,931,393
 
 
(iii)
   
Sole power to dispose or to direct the disposition of
       
           0
 
 
(iv)
   
Shared power to dispose or to direct the disposition of
       
32,931,393
 

     
Item 5.
 
Ownership of Five Percent or Less of a Class:
This Item 5 is not applicable
                    .
     
Item 6.
 
Ownership of More than Five Percent on Behalf of Another Person:
This Item 6 is not applicable.

     
Item 7.
 
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
This Item 7 is not applicable.
                    
     
Item 8.
 
Identification and Classification of Members of the Group:
This Item 8 is not applicable.
                    
     
Item 9.
 
Notice of Dissolution of Group:
This Item 9 is not applicable.
                    
Item 10.
 
Certification:
By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.
 
                    
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
 


 
February 12, 2015
 
 
(Date)
 
     
 
BRAZIL MINING, INC.
 
 
By: /s/ Marc Fogassa
 
 
        Marc Fogassa, President
 
     
     
 
SAINTE VALIERE, LLC
 
     
 
By: /s/ Marc Fogassa
 
 
       Marc Fogassa, Manager
 
     
 
/s/ Marc Fogassa
 
 
      Marc Fogassa