Verde AgriTech informs that roadworks it was performing for increased truck accessibility to and from its second plant 1 incurred unforeseen groundwater issues. The solution is already engineered and being implemented. As a consequence, over the next 4 to 8 weeks, limited delivery of Plant 2's production will be possible, with an impact to the [...]
Verde AgriTech Ltd is pleased to announce that its second production plant has been commissioned and is now ramping up production up to 1.2 million tonnes per year of Verde's multinutrient potassium product, K Forte®, sold internationally as Super Greensand®. "Four years ago almost to the day, we were commissioning Verde's Plant 1, which has since [...]
Verde AgriTech is pleased to announce that it has entered a strategic partnership with Grupo Lavoro to more swiftly open up new markets for Verde’s multinutrient potassium products, BAKS® and K Forte® sold internationally as Super Greensand®. Lavoro operates over 190 stores, staffed by 2,500 employees in Brazil, many of whom are agronomists and [...]
Verde AgriTech is pleased to announce its financial results for the second quarter of 2022. Q2 2022 FINANCIALS. Revenue increased by 362% in Q2 2022, to $24,861,000 compared to $5,376,000 in Q2 2021. Revenue in Brazilian Real (“R$”) increased by 327% in Q2 2022, to R$99,185,000 compared to R$23,215,000 in Q2 2021. Sales of Verde's multinutrient [...]
Verde AgriTech is pleased to announce that the UK Court held the Scheme Court Hearing to consider whether to sanction the scheme of arrangement at short notice on July 28, 2022. The Court made an order sanctioning the Scheme with modification, pursuant to which the new Singaporean company, Verde AgriTech Ltd will become the holding company of Old [...]
Verde AgriTech announces that the UK Court hearing, in London, to sanction the scheme of arrangement proposed as described in the circular filed on SEDAR by the Company on June 14, 20221 was adjourned. The UK Court adjourned the hearing in order to allow the Company time to address a technical issue with the execution of the Scheme once approved [...]
Verde AgriTech announced that its President and Chief Executive Officer, Cristiano Veloso, established an ASDP in accordance with applicable Canadian securities legislation and the Company’s internal policies. The ASDP permits trades to be made in accordance with pre-arranged instructions given when Mr. Veloso was not in possession of any material [...]
Verde AgriTech is pleased to announce the results of the Special Court Meeting and a General Meeting of Shareholders held on Thursday, July 14, 2022, in London, United Kingdom, where its shareholders approved all items in both meetings. The scheme of arrangement proposed in the circular the Company filed on SEDAR on June 14, 2022, was approved and [...]
Verde AgriTech held its Annual General Meeting of shareholders on Thursday, June 30, 2022, in Surrey, United Kingdom, and is pleased to announce that its shareholders approved all items put before them. The director nominees were elected as directors of the Company. Shareholders adopted the Directors’ Report, the Audited Statement of Accounts and [...]
Verde AgriTech announces that it has filed an Amended Notice of 2022 Annual General Meeting of Shareholders in respect of its annual meeting of shareholders scheduled to be held on June 30, 2022 in order to correct a typographical error regarding the time of the Meeting contained in the original Notice. The original Notice stated that the time of [...]
Cristiano Veloso announces that he acquired 693,087 shares of Verde AgriTech Plc on the exercise of stock options, on May 30, 2022. Prior to the Issuance, The Acquiror held 9,451,547 Shares representing approximately 18.36% of the issued and outstanding Shares. Following the Issuance, The Acquiror holds 10,065,034 Shares representing approximately [...]
Verde AgriTech is pleased to announce the findings of the Independent Special Committee of the Board of Directors to re-domicile Verde to Singapore to deliver commercial freedoms and benefits. The Committee believes the Re-domiciliation is in the best interests of Verde’s future commercial success, with access to new markets, while helping in the [...]