BELO HORIZONTE, Brazil, Aug. 01, 2018 -- Verde AgriTech Plc is pleased to announce that it has commissioned and started up its processing plant. The construction of Verde’s processing plant, in the municipality of São Gotardo, Minas Gerais, was on budget and on schedule . The production capacity of the plant is 45 tons per hour of Super Greensand®. It is operated by a crew of 10 professionals on an 8-hour [...]
BELO HORIZONTE, Brazil, July 11, 2018 -- Verde AgriTech Plc is pleased to announce that it was accepted as a member of Bonsucro. Bonsucro is an international non-profit multi-stakeholder organization established in 2008 to promote sustainable sugar cane production. Bonsucro has a global network with over 480 members dedicated to improving the sustainability of sugarcane cultivation. In Brazil, 52 sugarcane mills are [...]
BELO HORIZONTE, Brazil, June 25, 2018 -- Verde AgriTech Plc is pleased to announce that a leading Brazilian agricultural producer has purchased 3,250 tons of Super Greensand®, following a smaller purchase of 198 tons in 2017. In this sale, the price per ton of Super Greensand® was higher than the reference price adopted in the Company’s pre-feasibility study, announced in November 27, 2017; this reflects the [...]
BELO HORIZONTE, Brazil, June 18, 2018 -- Verde AgriTech Plc is pleased to announce that on site plant assembly has begun. As announced on March 07, 20181, Verde is executing a turnkey agreement for the construction of its processing plant in the municipality of São Gotardo, in the state of Minas Gerais. The projected production of the plant is 45 tons per hour of Super Greensand®. The total cost of the [...]
TORONTO, June 01, 2018 -- Verde AgriTech Plc is pleased to announce Mr. Michael St Aldwyn will be joining the Company's Board of Directors. Mr. Michael St Aldwyn to Join Verde's Board of Directors Michael St Aldwyn, 68, is an executive with strong connections with global investment markets and with long track record in Latin America. He worked in Brazil from 1973-1979; between 1979-1989 was responsible for Latin American [...]
TORONTO, May 28, 2018 -- Verde AgriTech Plc is pleased to announce a broader line of Super Greensand® products and the firsts sales of its new Super Greensand® Granular to its US Distributor. The first shipment occurred in May 2018. Super Greensand® Granular is part of the Super Greensand® matrix of products, composed of: Super Greensand® Micronized: fine powder where 95% of the particles will pass [...]
TORONTO, May 22, 2018 -- Verde AgriTech Plc is pleased to announce that the Brazilian Development Bank has approved debt financing for its turnkey agreement to build a 45 tons per hour Super Greensand® production facility. The debt arrangement will be fulfilled by Santander Bank because direct operations with BNDES requires a minimum funding of R$ 10 million and Verde requires less funds for this stage of mine and [...]
TORONTO, April 06, 2018 -- Verde AgriTech Plc is pleased to announce that today it has been awarded a mining permit for 50,000 tons per annum by the Brazilian Ministry of Mines. The permit enables Verde to continue its expansions plans for 2018. In November 27, 2017, the Company announced the results of its pre-feasibility study . The study shows a post-tax net present value discounted at 8% of US $1.98 billion and [...]
TORONTO, March 27, 2018 -- Verde AgriTech Plc is pleased to announce that Super Greensand® is now also a listed product for sale at Amazon.com, as Verde continues to expand internationally. Super Greensand® is a premium multi-nutrient natural fertilizer developed to improve the soil and boost plant nourishment. It contains 68 minerals and trace elements, including potassium, iron, magnesium and manganese. Super [...]
TORONTO, March 19, 2018 -- Verde AgriTech Plc is pleased to announce it has received environmental licenses for mining up to 150 thousand tons of Super Greensand® per annum. The previous environmental license and mining permit issued in 2017 allowed for 20 thousand tons per annum. In November 27, 2017 the Company announced the results of its pre-feasibility study . The study shows a post-tax net present value [...]
TORONTO, March 07, 2018 -- Verde AgriTech Plc is pleased to announce that it has signed a turnkey agreement for the construction of a processing plant in the municipality of São Gotardo, in the state of Minas Gerais. The expected production is 45 tons per hour. The total cost of the production facility is expected to be US$ 500,000. “The success Verde is enjoying in the marketplace has moved the Company to [...]
TORONTO, Nov. 27, 2017 -- Verde AgriTech Plc is pleased to announce the conclusion of a Pre-Feasibility Study for the expansions to the ongoing Super Greensand® production. The PFS was prepared by BNA Mining Solutions and Andes Mining Services Ltd. with inputs from technical studies completed by other consultants on Verde's Cerrado Verde Project located in Minas Gerais State, Brazil. The PFS evaluated the technical [...]