Environmental Agency Workers End Strike

TORONTO, ON--(Marketwired - July 21, 2016) - Verde Potash (TSX: NPK) ("Verde" or the "Company") informs that the civil servants of the Minas Gerais State Environmental Agency have resumed work today, following a decision to end the category's strike. The Minas Gerais State Environmental Agency is responsible, among other things, for the analyses and approval of environmental licenses.

About Verde Potash

Verde Potash promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project. Cerrado Verde, located in the heart of Brazil's largest agricultural market, is the source of a potassium-rich deposit from which the Company intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability. The Company's portfolio includes TK47 ^„¢, Super Greensand ^„¢ and Alpha.

Cautionary Language and Forward Looking Statements

Neither the TSX nor its regulation services provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release. This press release contains certain "forward looking statements", which include but is not limited to, statements with respect to the future financial or operating performance of the company, its subsidiaries and its projects, and statements regarding use of proceeds. Forward looking statements can generally be identified by the use of words such as "plans", "expects", or "does not expect" or "is expected", "anticipates" or "does not anticipate", or "believes", "intends", "forecasts", "budget", "scheduled", "estimates" or variations of such words or phrases or state that certain actions, event, or results "may", "could", "would", "might", or "will be taken", "occur" or "be achieved". Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by said statements. There can be no assurances that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in said statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Contact

For additional information please contact:
Cristiano Veloso
President & Chief Executive Officer
Tel: +55 (31) 3245 0205
Email: cv@verdepotash.com
www.verdepotash.com

Iwona Zakrzewski
VP Investor Relations & Corporate Secretary
Tel: +1 (416) 844-7337
Email: iz@verdepotash.com