Press Releases

Press Releases

Verde Reports up to 13,944 ppm TREO 5,222 ppm MREO and 213 ppm DyTb

Singapore. Verde AgriTech Ltd (TSX: "NPK") (OTCQX: "VNPKF") ("Verde" or the "Company") is pleased to announce significant drilling results from Alto da Serra target, one of the three targets of Man of War project. Building on previously announced results from two other targets, Verde has completed the reassaying process with an additional 1,247 meters of results from Alto da Serra. This completes the analysis across the three targets, totaling 3,640 drilling meters. Continue Reading | Download

Verde Secures Debt Renegotiation Agreement Covering 92% of Total Debts, Reaching Improved Financial Terms

Singapore. Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that creditors representing over 92% of the Company’s total debt have adhered to proposed renegotiation terms. Non-adherent creditors represent R$11.3 million of the debt, and are now subject to different payment conditions, with a reduction of 75% of the balance and an interest rate linked to the Taxa Referencial (“TR”) (a Brazilian reference interest rate set by the Central Bank, currently at 0.82% per year). Following the agreement reached with a majority of creditors, Verde’s comprehensive renegotiation of loans now requires court homologation. Continue Reading | Download

Verde Announces Q3 2024 Results

Singapore. Verde Agritech Ltd (TSX: “NPK”) ("Verde” or the “Company”) announces its financial results for the period ended September 30, 2024 (“Q2 2024”). Continue Reading | Download

Verde’s assays of over 1,500m of drilling find rare earths up to 12,487 ppm TREO and 3,357 ppm MREO

Singapore. Verde AgriTech Ltd (TSX: “NPK”) (OTCQX: “VNPKF”) (“Verde” or the “Company”) is pleased to announce new significant results from its ongoing work to evaluate the presence of rare earths in historical diamond core drilling. Continue Reading | Download

High grade ionic absorption clay magnetic rare earths mineralization found in Verde’s historical drill holes

Singapore. Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce that 4,708 hectares of its mineral concessions are prospective for Magnetic Rare Earths (“MRE”) mineralization. MREs, which in Verde’s find include Praseodymium (“Pr”), Neodymium (“Nd”), Dysprosium (“Dy”), and Therbium (“Tb”), are in high demand due to their critical role in the energy transition. These elements are essential components in the production of high-performance magnets used in electric vehicles, wind turbines, and other green technologies, positioning Verde as a strategic player in supporting the global shift towards renewable energy solutions. Continue Reading | Download

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