Press Releases

Press Releases

Verde’s Products Remove Carbon Dioxide from Air in Mere Months of Application

Singapore. Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that its K Forte® and Super Greensand® (“Products”) undergo mineral dissolution in only a matter of months to a year from its application to soils, faster than the most rapid reacting silicate minerals (forsterite), which takes years to decades for a similar dissolution. Mineral dissolution is directly correlated to the capture of carbon dioxide (“CO2”) from the atmosphere, the faster the dissolution the faster the absorption of CO2. The conclusion was reached by a commissioned study conducted by Phil Renforth, Ph.D., at Heriot Watt University, based on peer-reviewed publication and commercial data (the “Study”). Continue Reading | Download

Verde Appoints Chief Marketing Officer

Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce the appointment of marketing veteran Newton Nagumo to the position of Chief Marketing Officer (“CMO”). Mr. Nagumo is brand marketing leader with a 20-year track record of driving transformative innovation and guiding high-performing teams to achieve substantial growth for major Brazilian and global corporations. Mr. Nagumo will join Verde's leadership team to oversee brand and product marketing, creative initiatives, consumer insights, and global communications. Continue Reading | Download

Verde achieves C$10.3 million revenue, 81% gross margin and C$2.1 million EBITDA in the second quarter of 2023

Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce its financial results for the second quarter ended June 30, 2023 (“Q2 2023”). Continue Reading | Download

Verde to Sell Carbon Credits

Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it is in advanced negotiations to sell carbon credits to major international corporations that are established purchasers of permanent carbon offset. Currently, carbon credits for permanent carbon offset similar to Verde’s are being sold at prices up to US$500 per tonne.[1] The Company is able to generate up to 300,000 tonnes of carbon credit annually via its existing production facilities. Continue Reading | Download

Verde’s Products Remove Carbon Dioxide From the Air

Verde AgriTech Ltd (TSX: “NPK”) is pleased to announce the carbon capture properties of its K Forte® and Super Greensand®, as detailed by an independent study conducted at Newcastle University under the leadership of Prof. David Manning, PhD, a renowned soil scientist. Continue Reading | Download

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