M&A
confidence high
sentiment neutral
materiality 0.60
VERDE BIO HOLDINGS, INC. (APHD): M&A transaction — Verde Bio Holdings sells mineral and royalty interests for $272,000 cash
VERDE BIO HOLDINGS, INC.
- Divested 100% of certain mineral and oil/gas royalty interests to a private buyer for $272,000.
- Transaction closed March 20, 2024, effective date March 1, 2024.
- Proceeds from sale were cash; buyer and detailed terms per Purchase and Sale Agreement filed as Exhibit 10.1.
- No revenue or profit impact disclosed; company retains no interest in the sold properties.