Press Releases

Press Releases

Verde Announces Court Approval of Debt Renegotiation Agreement

Singapore. Verde Agritech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that the civil court has homologated Verde’s Debt Renegotiation Agreement, as disclosed in press releases dated October 2, 2024 and November 11, 2024 . Continue Reading | Download

Verde Agritech Limited and Nautica Holdings Limited announce strategic transaction for high-grade magnetic rare earths exploration assets

Singapore. Verde AgriTech Ltd (TSX: “NPK”) (OTCQX: “VNPKF”) ("Verde” or the “Company”) and Nautica Holdings Limited (ACN 647 075 401), an Australian unlisted public company with AUD $1 million in cash available for investment are pleased to jointly announce the execution of a Share Sale Agreement (“SSA”). Under the SSA, Nautica will acquire high-grade magnetic rare earths exploration assets located in Brazil ("Exploration Assets") from Verde’s subsidiary, Oby Rare Earths Pty Ltd ("Oby"). Continue Reading | Download

Verde Announces Q4 and FY 2024 Results

Singapore. Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) announces its financial results for the full year ended December 31, 2024 (“FY 2024”) and the fourth quarter 2024 (“Q4 2024), as audited by RSM SG Assurance LLP (“RSM”). Continue Reading | Download

Verde Announces EGM Results, Oby Rare Earths Transaction Record Date, and Cost Reductions

Singapore, Verde AgriTech Ltd. (TSX: “NPK”) (OTCMKTS: “VNPKF”) ("Verde” or the “Company”) held its Extraordinary General Meeting of Shareholders (the “Meeting”) on Friday, December 20, 2024, at 300 Prof. Antônio Aleixo, Lourdes, Belo Horizonte, Minas Gerais, Brazil. The Company is pleased to announce that all resolutions presented to shareholders have been approved. Additionally, Verde has set the Record Date for the distribution of interests in Oby Rare Earths Pty Ltd (“Oby”) to shareholders of the Company, marking a significant milestone in its strategic growth. Continue Reading | Download

Verde Announces 1.35 Billion Tons of Maiden Mineral Resource Estimate at the Man of War Rare Earths Project

Singapore. Verde AgriTech Ltd (TSX: “NPK”) (OTCQX: “VNPKF”) (“Verde” or the “Company”) is pleased to announce a maiden mineral resource estimate of 1.35 billion tons at 3,437 ppm of Total Rare Earth Oxides (“TREO”) and with 793 ppm of Magnet Rare Earth Oxides (“MREO”) for the Man of War Rare Earths Project (“Man of War”) in accordance with NI 43-101 standards, the Reasonable Prospects for Eventual Economic Extraction (“RPEE”), calculated with a 1,000 ppm TREO cut-off. This estimate includes three of Man of War’s targets: Nau de Guerra, Bálsamo and Alto da Serra located in São Gotardo, Brazil. The JORC and NI 43-101 compliant resource estimate establishes Man of War as one of the world’s largest rare earths projects. Continue Reading | Download

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