---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-23-001508"
form_type: "8-K"
ticker: "VRDR"
cik: "0001506929"
company_name: "VERDE RESOURCES, INC."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:18:15.125498+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verde Resources secures exclusive biochar asphalt IP rights and Puro.earth carbon removal partnership

## Summary
- MOU with Green Carbon Industries (GCI) and Andre van Zyl for exclusive North American biochar-asphalt IP rights.
- Verde to lead USOTC-to-Nasdaq transition; triggers at $2M funding minimum and $50M secondary offering.
- Andre van Zyl appointed CTO with executive package valid through Dec 31, 2024.
- Verde registered as Puro.earth carbon removal supplier (signed April 2023) to generate CO2 Removal Credits (CORCs).
- Biochar asphalt aims to reduce CO2 footprint, using local soils/gravels for roads; showcase projects planned in US.

## SEC filing metadata
- accession: 0001640334-23-001508
- form_type: 8-K
- ticker: VRDR
- cik: 0001506929
- company_name: VERDE RESOURCES, INC.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506929/000164033423001508/0001640334-23-001508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506929/000164033423001508/vrdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-23-001508
- JSON: https://secwatch.observer/filing/0001640334-23-001508.json
- Plain text: https://secwatch.observer/filing/0001640334-23-001508.txt

## Key facts
- Material Agreements
  VERDE RESOURCES, INC. entered into Memorandum of Understanding with Andre van Zyl & Green Carbon Industries Group of Companies (effective 2023-08-07).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: Andre van Zyl & Green Carbon Industries Group of Companies
  - Effective: 2023-08-07
  source text: On August 7, 2023, Verde Resources, Inc. (the “Company”) entered into a Memorandum of Understanding (the “MOU”) with Andre van Zyl (“AvZ”) & Green Carbon Industries Group of Companies (“GCI”), headquartered in Western Australia, to actively pursue and put in place a mutually agreeable and fully funded project venture in North America
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033423001508/0001640334-23-001508-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.