Verde AgriTech Ltd.

Verde AgriTech Plc is pleased to announce its financial results for the second quarter, ended on June 30, 2021 , and the upwards revision of its target revenue for 2021. Q2 2021 Financials Revenue increased by 116%, to $5,376,000 compared to $2,492,000 in the second quarter of 2020 . Revenue in Brazilian Real increased by 159%, to R$23,215,000 compared to R$8,965,000 in Q2 2020. Gross margin increased to 72% in Q2 2021 [...]

Verde AgriTech Plc held its Annual General Meeting of shareholders on Wednesday, June 30, 2021, in Belo Horizonte, Brazil, and is pleased to announce that its shareholders approved 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, 2020 and appointed [...]

Verde AgriTech Plc is pleased to update shareholders on the procedures for its upcoming annual general meeting of Verde's shareholders, scheduled to take place on June 30, 2021 at 3:00 p.m. . In light of concerns about COVID-19, the notice calling the Meeting issued on May 20, 2021 indicated that it would be "closed", without the ability for registered shareholders and duly appointed proxyholders to physically attend the [...]

Verde AgriTech Plc is pleased to announce the launch of N Keeper®, a proprietary processing technology for glauconitic siltstone that alters its physical-chemical properties to enable ammonia retention for use as a calibrated additive in Nitrogen fertilizers. This combination is responsible for the reduction of Nitrogen volatilization loss, allowing more agronomic efficiency for farmers and contributing to the reduction [...]

Verde AgriTech Plc is pleased to announce its financial results for the first quarter, ended on March 31, 2021 . Q1 2021 FINANCIALS Sales increased by 63% with 16,558 tonnes sold, compared to 10,170 tonnes sold in the first quarter of 2020 . The Company recognised revenue of $831,000, an increase of 63% compared to $510,000 in Q1 2020. Brazilian Real revenue increased by 113%, to R$3,599,000 compared to R$1,690,000 in Q1 [...]

Verde AgriTech Plc is pleased to announce that Cristiano Veloso has been appointed Chairman of the Board of Directors and that Michael St Aldwyn has been appointed Lead Independent Director of the Board. Mr. Veloso, Verde's Founder, President and Chief Executive Officer, will serve as the Chairman of the Board. The Board is composed of five independent directors and Mr. Veloso as sole executive director. The position of [...]

Verde AgriTech Plc is pleased to announce its financial results for the fourth quarter and full year ended December 31, 2020 . Q4 2020 Financials Sales increased by 76% with 56,585 tonnes sold, compared to 32,221 tonnes in the fourth quarter of 2019 . Gross margin increased to 59% in Q4 2020, compared to 36% in Q4 2019. The Company recognised revenue of $2,209,000, an increase of 48% compared to $1,491,000 in Q4 2019 [...]

Verde Agritech Plc is pleased to announce that it has received net proceeds of $1,410,057 from the exercise of 1,410,057 Warrants issued pursuant to the private placement completed on March 12, 2019 from a total of sixteen investors. Of these, three were Company insiders. The Warrants were part of a fundraising exercise that raised $1,692,068. On that occasion, Mr Cristiano Veloso, Verde's President & CEO, was the lead [...]

Verde Agritech Plc is pleased to announce its sales results for the fourth quarter and for the year ended December 31, 2020 . Audited financial results for Q4 2020 and FY 2020 will be reported and filed on SEDAR on March 30, 2021. In Q4 2020 the Company sold 56,585 tonnes of its multinutrient potassium fertilizer, marketed and sold in Brazil under the K Forte? brand and internationally as Super Greensand? , an increase of [...]

Verde Agritech Plc announces that it has changed its auditor from BDO LLP to PKF Littlejohn LLP . The Former Auditor resigned at the request of the Company effective as of November 27, 2020, and Verde’s Board of Directors appointed the Successor Auditor as the Company’s auditor until the close of the Company’s next annual general meeting. "We would like to thank BDO LLP for their expertise and guidance and we are pleased [...]