TORONTO, Dec. 4, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") is pleased to provide an update with respect to corporate activities including results from the processing run at FLSmidth's facility in Pennsylvania, the negotiation of off-take agreements with Brazilian fertilizer buyers, and progress on the Company's Bankable [...]
TORONTO, Nov. 12, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") will be presenting at the upcoming GMP Securities Latin American Mining Conference in Panama. Mr. Cristiano Veloso, Verde's President & CEO, will speak to investors on Wednesday November 14, 2012 at approximately 9:00 a.m. EST.About Verde PotashVerde Potash, a [...]
TORONTO, Oct. 15, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") is pleased to provide an update with respect to the Company's 2012 infill drilling campaign at the Cerrado Verde potash project in Minas Gerais state, Brazil, aimed at increasing measured and indicated resources to support the Company's upcoming bankable feasibility [...]
TORONTO, Oct. 9, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") is pleased to announce the appointment of Mr. Jaret Anderson as the Company's new Vice President Corporate Development. Mr. Anderson will be responsible for managing and expanding the Company's relationships with the investment community and will form part of the [...]
TORONTO, Aug. 22, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") is pleased to announce the appointment of Mr. Milson Mundim, as the Company's Chief Financial Officer ("CFO") as part of the Company's efforts to retool management for construction and operation. Based out of Belo Horizonte, Brazil, Mr. Mundim is assuming leadership [...]
Verde Builds Development TeamTORONTO, July 26, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") is pleased to provide an update of recent Company activities and the appointment of two new management personnel to advance the Cerrado Verde Project: Mr. Rubens Mendonça as VP Mining and Dr. Patricia Radino as VP Engineering.The [...]
TORONTO, May 14, 2012 /CNW/ - Verde Potash (TSX: "NPK") ("Verde" or the "Company") is pleased to announce its unaudited interim consolidated financial statements for the three month period ended March 31, 2012. During the three-month period ended March 31, 2012, Verde incurred a net loss of ...
('Verde' or the 'Company') is pleased to announce that the ordinary shares of the Company will be listed and posted for trading at the opening on Wednesday April 11, 2012, on the TSX, under the symbol 'NPK'. The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.
An application has been granted for the original listing in the Mining category of 40,308,409 ordinary shares, of which 36,889,449shares are issued and outstanding and 3,418,960 shares are reserved for issuance.
The ordinary shares have been listed on the TSX Venture Exchange since November 21, 2007 under the symbol NPK. The ordinary shares will be delisted from the TSX Venture Exchange on Wednesday, April 11, 2012, upon commencement of trading on TSX.
About Verde Potash
Verde is a fertilizer exploration and development company; it was founded and is led by Brazilians. Verde is developing the Cerrado Verde project in Brazil, a source of potash-rich rock from which the Company plans to produce a potash fertilizer product. Founded as Amazon Mining Holding Plc in 2005, the Company changed its name to Verde Potash Plc in April 2011 to better reflect its core business.
About the Cerrado Verde Potash Project
Cerrado Verde is a unique project: 1) its high grade potash rock outcrops and is amenable to strip mining, allowing fast construction of a scalable operation; 2) it is located in the midst of the world's third largest and fastest growing fertilizer market; 3) it connects to Brazil's largest fertilizer distribution districts via existing and high quality infrastructure.
_____________________________________________________________________ |Cautionary Language and Forward Looking Statements | | | |NEITHER THE TSX EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS | |THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS | |RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. | | | |THIS NEWS RELEASE CONTAINS CERTAIN 'FORWARD LOOKING STATEMENTS'. | | | |FORWARD LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, | |UNCERTAINTIES AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS TO| |BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS 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. THE COMPANY DOES NOT INTEND TO UPDATE | |FORWARD LOOKING STATEMENTS UNLESS REQUIRED BY LAW. | |_____________________________________________________________________|
Verde Potash is pleased to announce that it has completed its previously announced bought deal offering of ordinary shares (the "Shares") at a price of $6.45 per Share. Underwriters GMP Securities L.P. and Mackie Research Capital Corporation elected to exercise the over-allotment option in full, resulting in a total of 4,457,364 Shares being [...]
Verde Potash Plc announced today that it has entered into an agreement with a syndicate of underwriters led by GMP Securities L.P., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 3,875,969 ordinary shares of the Company, at a price of C$6.45 per Ordinary Share for aggregate gross proceeds to the Company of [...]
Verde Potash is pleased to report the filing on SEDAR of its Preliminary Economic Assessment for the production of conventional potash: potassium chloride. "Verde's KCl project has a capital expenditure lower than most proposed greenfield projects, being comparable in cost to brownfield expansions. Given its open pit nature, construction is [...]
Verde Potash is pleased to announce the results of a Preliminary Economic Assessment for the production of conventional potash: potassium chloride. The PEA was prepared by SRK Consulting on Verde's wholly-owned Cerrado Verde project located in Minas Gerais State, Brazil. The PEA evaluated the technical and financial aspects of two different [...]
