Verde AgriTech Ltd. is pleased to announce the incorporation of Oby Rare Earths Pty. Ltd. in Australia, which will independently advance the Man of War Rare Earths Project , subject to shareholder approval. The MoW spin-off would allow Verde to concentrate exclusively on its core business: producing and commercializing low-carbon specialty [...]
Verde AgriTech Ltd. is pleased to announce significant drilling results from Alto da Serra target, one of the three targets of the Man of War project. Building on previously announced results from two other targets, Verde has completed the reassaying process with an additional 1,247 meters of results from Alto da Serra. This completes the analysis [...]
Verde AgriTech Ltd. is pleased to announce that creditors representing over 92% of the Company's total debt have adhered to proposed renegotiation terms. Non-adherent creditors represent R$11.3 million of the debt, and are now subject to different payment conditions, with a reduction of 75% of the balance and an interest rate linked to the Taxa [...]
Verde AgriTech Ltd. announces its financial results for the period ended September 30, 2024 . Despite a slight reduction in delivered volumes, financial results for the third quarter of 2024 have shown an improvement compared to Q3 2023. The Company sold 100,986 tons in Q3 2024, down from 108,000 tons in Q3 2023. Nevertheless, Verde achieved a 33 [...]
Verde AgriTech Ltd. is pleased to announce new significant results from its ongoing work to evaluate the presence of rare earths in historical diamond core drilling. The Company has completed the reassaying of 3,640 meters across three distinct targets previously drilled for phosphate. On October 07, 20241, Verde disclosed results for 743 meters [...]
Verde AgriTech Ltd. is pleased to announce that 4,708 hectares of its mineral concessions are prospective for Magnetic Rare Earths mineralization. MREs, which in Verde's find include Praseodymium , Neodymium , Dysprosium , and Therbium , are in high demand due to their critical role in the energy transition. These elements are essential components [...]
TORONTO, Oct. 2, 2024 /CNW/ - Trading resumes in: Company: Verde AgriTech Ltd. TSX Symbol: NPK All Issues: Yes Resumption : 9:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Verde AgriTech Ltd. is pleased to announce that it has successfully renegotiated with banks holding 73% of its outstanding loans. The Company expects the remaining five creditor-banks to accept the same terms or face a 75% debt reduction by a court order, as per applicable Brazilian legislation. Under the renegotiated agreement, the repayment term [...]
TORONTO, Oct. 2, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Verde AgriTech Ltd. TSX Symbol: NPK All Issues: Yes Reason: Pending News Halt Time : 8:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly [...]
Verde AgriTech Ltd. announces its financial results for the period ended June 30, 2024 . Verde's financial results for the second quarter of 2024 were adversely influenced by climatic events in Brazil, primarily driven by the El Niño phenomenon.1 This included periods of drought accompanied by high temperatures in the northern and central-western [...]
Verde AgriTech Ltd. held its Annual General and Special Meeting of shareholders on Thursday, June 27, 2024, at 300 Prof. Antônio Aleixo, Lourdes Belo Horizonte, Minas Gerais Brazil, and is pleased to announce that its shareholders approved all items put before them. The results were as follows: Item Voted Upon Voting Result Appointment of Hannah Oh [...]
Verde AgriTech Ltd. is pleased to announce that its potassium multinutrient specialty fertilizer, K Forte® , has a significantly lower carbon footprint than traditional potassium chloride fertilizer, according to the calculation tool developed by the Brazilian government, RenovaCalc. The emission factor in Renovacalc applied to Potassium Chloride [...]
