Press Releases

Press Releases

Verde’s Q4 sales by volume grow 137% driving 2021 net profit growth to 540%

Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) is pleased to announce its financial results for the fourth quarter 2021 (“Q4 2021”) and full year ended December 31, 2021 (“FY 2021”). Continue Reading | Download

Verde to reach 3 million tonnes potash production capacity in 2022

Belo Horizonte, Brazil. Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) announces that it has started working to double the capacity of its second production facility, currently under construction (“Plant 2”). Verde will also upgrade local infrastructure to sustain Plant 2’s increased output and enable a future Plant 3 (the “Expansion Plan”). Plant 2 is on track to start production in Q3 2022, and the enlarged production capacity is expected to be in operation early Q4 2022. Verde expects to start construction on Plant 3 in 2023 conditioned on permits. Continue Reading | Download

Verde announces creation of Independent Special Committee of the Board of Directors

Belo Horizonte, Brazil. Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) ("Verde” or the “Company”) is pleased to announce that its Board of Directors (the “Board”) has formed a special committee to evaluate when and how to share profits with shareholders. The analysis will be conducted by a Special Committee comprised of independent directors of the Board, consisting of Mr. Michael St Aldwyn (Verde’s Lead Independent Director), Mr. Renato Gomes and Mr. Paulo Sérgio Ribeiro Machado. Continue Reading | Download

2.5 million tonnes per year potash mining concession granted to Verde

Belo Horizonte, Brazil. Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) ("Verde” or the “Company”) is pleased to announce that it has received a Mining Concession[1] for extraction of up to 2,500,000 tonnes per year (“tpy”) of potash rich ore, which is processed into Verde’s multinutrient potassium products, BAKS® and K Forte®, sold internationally as Super Greensand®, (the “Product”). With this new Mining Concession, the Company is now fully permitted to produce up to 2,833,000 tpy. Continue Reading | Download

Verde doubles year-on-year Earned Growth Rate

BELO HORIZONTE, Brazil, Feb. 08, 2022 (GLOBE NEWSWIRE) — Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) is pleased to announce a rate of 165% Earned Growth in 2021, compared to a rate of 61% in 2020, demonstrating a higher client repurchase rate and successful client referrals. The Earned Growth Rate (“EGR”) measures the sales growth by volume generated by returning customers and new client purchases made by existing clients’ referrals. Continue Reading | Download

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