Verde AgriTech Ltd.

Verde Agritech Plc held its Annual and Special Meeting of shareholders on Friday, May 24th, 2019 in Toronto, Canada and is pleased to announce that its shareholders approve 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 the Auditors’ Report for the year ended December 31, 2018, and [...]

Verde AgriTech Plc is pleased to welcome Daniel Sabbag as Vice President of Sales. Mr. Sabbag is a sales professional with 30 years of experience in the agricultural sector, including major companies such as Fertilizantes Heringer SA , Monsanto Company, Bequisa – Degesh Group and Cargill. More recently, Mr. Sabbag devoted 14 years to the fertilizer business while working at Heringer, one of Brazil’s three [...]

Verde AgriTech Plc is pleased to announce the financial results for the fourth quarter and twelve months ended December 31, 2018. Total volume sold in 2018: 29,648 tonnes, six times more than in 2017. Verde received nearly 50,000 tonnes of orders in 2018. Total revenues of $1.358 million at a production cost of $1.067 million, generating a gross profit of $291 thousand . Net loss of $1.703 million. Cash at end of period [...]

Verde AgriTech Plc is pleased to announce that it has closed its previously announced non-brokered private placement financing, issuing 2,820,114 units of securities at C$0.60 per Unit for total proceeds of C$1,693,067.20 . Each Unit is comprised of one ordinary share of the Company and one-half of one Ordinary Share purchase warrant . Each whole Warrant is exercisable to purchase an Ordinary Share at an exercise price of [...]

Verde AgriTech Plc is pleased to welcome Felipe Buscacio Paolucci as the Chief Financial Officer . Mr. Paolucci is an executive with over 15 years of experience in finance in multinational companies such Arysta , Unilever and Deloitte. Mr. Paolucci has over 9 years of experience in the agricultural business working for Arysta, a part of the UPL group, the world’s fifth largest agrochemical and biosolutions company [...]

Verde AgriTech Plc is pleased to announce a non-brokered private placement to raise up to C$1 million through the issuance of up to 1,666,666 units of securities at a price of $ 0.60 per Unit. Each Unit will be comprised of one ordinary share of the Company and one-half of one Ordinary Share purchase warrant . Each whole Warrant will be exercisable to purchase an Ordinary Share at an exercise price of C$1.00 until the [...]

Verde AgriTech Plc is pleased to declare commercial production at its first processing plant in Brazil and announces its third quarter 2018 results. The Company inaugurated its plant in August this year and has since been ramping up its production towards operational capacity. Verde was sold out for this season, having had to cancel some of the orders that totaled over 50,000 tonnes of Super Greensand®, an amount that [...]

Verde AgriTech Plc is pleased to announce a new business unit: Verde Marketplace. It will be the first free business-to-business platform in which farmers can offer, on a large scale, nutrient-rich and sustainably-produced food directly to interested corporate buyers who serve a growing portion of the population and are looking for these types of food. The platform is accessible to products grown and qualified under one [...]

Verde AgriTech Plc is pleased to announce sales results for 2018 and expansion plans for 2019. Sales Verde has received orders that match its total production capacity for 2018. The Company has been operating its plant 24 hours a day and 7 days a week in order to fulfill existing orders for Super Greensand® for the 2018 planting season. The Company has sold almost 40 thousand tonnes of Super Greensand® this [...]

Cristiano Veloso announces that he acquired 1,092,308 shares of Verde Agritech Plc in connection with an exercise of stock options into Shares , on September 24, 2018. Prior to the Exercise, the Acquiror held 4,172,517 Shares representing approximately 9.79% of the issued and outstanding Shares. Following the Exercise, the Acquiror holds 5,264,825 Shares representing approximately 12.34% of the issued and outstanding [...]