Verde AgriTech Ltd.

Verde AgriTech Ltd. is pleased to announce that Hannah Oh and Marcelo Duarte have been recommended for appointment to the Company's Board of Directors at the upcoming Annual General and Special Meeting , pending shareholder approval. Mr. Duarte's is a Brazilian that resides in Singapore, where he leads the Asia-Brazil Agro Alliance. Therefore, Mr. Duarte's appointment as an Independent Director of the Company is [...]

Verde AgriTech Ltd. announces its financial results for the period ended March 31, 2024 . Verde's Q1 2024 results were affected by adverse climate conditions, which reduced overall fertilizer demand in Brazil. This contrasts with Q1 2023, which benefitted from record potash prices and agricultural commodity prices, in good part as a consequence of the outbreak of Ukraine-Russia war. In 2022, Brazilian farmers committed to [...]

Verde AgriTech Ltd. is pleased to announce that it has been named as one of the Top 100 most promising carbon removal innovators competing in the XPRIZE Carbon Removal. The goal of the XPRIZE Carbon Removal is to build a new industry of successful carbon removal companies that collectively reach gigatonne-scale. Verde has been ranked amongst the top 100 collection of innovating companies from 25 countries which represent [...]

Verde AgriTech Ltd. announces its financial results for the full year ended December 31, 2023 and the fourth quarter 2023 , as audited by Ernst & Young . The FY 2023 audited results were consistent with the interim results announced by the Company on January 26, 2024: Metric January 26, 2024 press release FY 2023 Audited results Sales 4280,000 428,000 Revenue 37.5 million - 38.5 million 37.9 million EBITDA 1.5 million [...]

Verde AgriTech Ltd. is pleased to announce that it will participate at the 36th Annual Roth Conference . The Conference will take place in Laguna Niguel, California, from March 17, 2024 to March 19, 2024, and Verde will be represented by its Vice President of Corporate Development, Mr. Lucas Brown. Mr. Brown will be available for one-to-one meetings during the Conference to promote investment opportunities and present the [...]

Verde AgriTech Ltd. is pleased to announce a strategic partnership with WayCarbon to bolster the development and monetization of its carbon removal project. WayCarbon is 80% owned by Banco Santander, one of Europe's largest banks. It is a leading developer of carbon removal projects and a pioneer in climate change mitigation and sustainability solutions. The partnership is based on Verde's specialty multi-nutrient [...]

Verde AgriTech Ltd. is pleased to announce the appointment of João Paulo Frez as Chief Revenue Officer . Mr. Frez has over two decades of sales experience in the agribusiness sector, with the past nine years dedicated to developing the market for specialty fertilizers in Brazil. He succeeds Mr. Gilson Guardiero, who has served as the Company's CRO since Q3 2023. Until February 2024, Mr. Frez served as the Senior [...]

Verde AgriTech Ltd. is pleased to announce Marcus Ribeiro as Vice President Sales. Mr. Ribeiro will lead a skilled team of 7 account managers, overseeing 2,468 of Verde's clients. These clients collectively cultivate over 940,000 hectares and present a potential purchase volume of 1.4 million tons of Product. Mr. Ribeiro's responsibilities extend to managing Verde's indirect sales team, with a portfolio that includes 110 [...]

Verde AgriTech Ltd. is pleased to announce Renato Mendes as Vice President Strategic Accounts. Mr. Mendes will lead a team focused exclusively on Verde's main customers, who collectively farm over 9 million hectares. This group of 431 customers can potentially avoid up to 245 thousand tons in emission of CO21 and remove an additional 1.5 million tonnes of carbon dioxide annually. Alone, this impact would represent one of [...]

Verde AgriTech Ltd. announces its preliminary and unaudited results for the period ending December 31, 2023 . The Company also announces its 2024 guidance, targeting sales of 800,000 tons of its multinutrient potassium products, BAKS® and K Forte®, sold internationally as Super Greensand® , and a carbon dioxide removal potential of 38,300 tons of CO2.1 The yearly revenue from Product sales in 2024 is targeted at C$62.9 [...]