Verde AgriTech Ltd. is pleased to announce that it is in advanced negotiations to sell carbon credits to major international corporations that are established purchasers of permanent carbon offset. Currently, carbon credits for permanent carbon offset similar to Verde's are being sold at prices up to US$500 per tonne.1 The Company is able to [...]
Verde AgriTech Ltd. is pleased to announce the carbon capture properties of its K Forte® and Super Greensand® , as detailed by an independent study conducted at Newcastle University under the leadership of Prof. David Manning, PhD, a renowned soil scientist . The carbon dioxide capture is inherent to the Products and is estimated at 120kg per [...]
Verde AgriTech Ltd. held its Annual General Meeting of shareholders on Thursday, June 22, 2023, at 16 Collyer Quay, #17-00, Singapore, and is pleased to announce that its shareholders approved all items put before them. The results were as follows: Item Voted Upon Voting Result Approval and adoption of the audited consolidated financial statements [...]
Verde AgriTech Ltd. is pleased to announce the proposal of a resolution to be voted on at the upcoming 2023 General and Special Meeting of Shareholders to stop all sales of Verde's multinutrient potassium products, BAKS® and K Forte® sold internationally as Super Greensand® , to 218 municipalities, totalling 2.23 million km2, covered predominantly [...]
Verde AgriTech Ltd. is pleased to announce its financial results for the first quarter ended March 31, 2023 . Q1 2023 Financials Sales of Verde's multinutrient potassium products, BAKS® and K Forte® sold internationally as Super Greensand® by volume were 108,000 tonnes, compared to 112,000 tonnes in Q1 2022 and 16,558 tonnes in Q1 2021. Revenue in [...]
Renato Couto Gomes , a member of Verde's Board of Directors, informs that he has sold 179,900 shares of Verde AgriTech Plc as part of a margin call. The Shares were pledged against a margin loan made to Mr. Gomes by a financial institution that executed the Shares sale after Verde's shares declined below a certain market price. Mr. Gomes continues [...]
Verde AgriTech Plc is pleased to announce its financial results for the full year ended December 31, 2022 and the fourth quarter 2022 . FY 2022 Financials Revenue increased by 190% in FY 2022, to $80,271,000 compared to $27,709,000 in FY 2021. Revenue in Brazilian Real increased by 167% in FY 2022, to R$318,544,000, compared to R$119,310,000 in FY [...]
Verde AgriTech Ltd. is pleased to announce that it has filed a request with the National Land Transport Agency for authorization to build a railway branch line to transport up to 50 million tonnes per year of Verde's multinutrient potassium products, BAKS® and K Forte®, sold internationally as Super Greensand®, . The Railway will connect Verde's [...]
Verde AgriTech Ltd. is pleased to announce that the Brazilian National Mining Agency has issued a set of orders granting Verde multiple easements over lands that will enable the Company to access and build the mines capable of jointly producing up to 23 million tonnes per year of Verde's multinutrient potassium products, BAKS? and K Forte?, sold [...]
Verde AgriTech Ltd is pleased to announce its financial results for the third quarter of 2022 . Q3 2022 Financials Revenue increased by 156% in Q3 2022, to $27,269,000 compared to $10,651 in Q3 2021. Revenue in Brazilian Real increased by 140% in Q3 2022, to R$109,056,000 compared to R$45,409,000 in Q3 2021. Sales of Verde's multinutrient potassium [...]
Verde AgriTech Ltd. is pleased to announce that the expansion of its second production plant is now complete, now production is being ramped up from 1.2 million tonnes per year to 2.4 Mtpy of Verde's multinutrient potassium product, K Forte®, sold internationally as Super Greensand® . Plant 2 was commissioned on August 31, 2022 with a production [...]
Verde AgriTech Ltd. is pleased to announce that its second production plant has achieved its nameplate production capacity of 1.2 million tonnes per year of Verde's multinutrient potassium product, K Forte®, sold internationally as Super Greensand® . Plant 2 was commissioned on August 31, 2022,1 and the production facility is now undergoing [...]
