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 [...]
Verde AgriTech Ltd. is pleased to announce that it has rectified the water issues encountered during construction of improved road access to Plant 2.1 As part of Plant 2's logistics corridor, the Company upgraded the road infrastructure, including 22 kms of roads, 14 kms of asphalting, and the construction of a new bridge. "Fortunately, the road [...]
Verde AgriTech Ltd. is pleased to announce that it will be presenting at the Morgan Stanley Global Chemicals, Agriculture, and Packaging Conference . The Conference will take place in Boston, MA, on November 8, 2022 and November 9, 2022, and Verde will be represented by its Founder, President & CEO, Mr. Cristiano Veloso. After the Conference [...]
Verde AgriTech Ltd. is pleased to announce the appointment of Madeleine Lee to its Board of Directors . With this addition, the renewal of Verde's Board, announced on September 13, 2022,1 is now complete. "It is a great pleasure to be part of Verde because its purpose 'to improve the health of people and the planet' are principles I personally [...]
