---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-23-001958"
form_type: "8-K"
ticker: "VRDR"
cik: "0001506929"
company_name: "VERDE RESOURCES, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:29:22.337955+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Verde Resources engages Donald Fosnacht for biochar certification, issues 1 million restricted shares

## Summary
- Verde Resources subsidiary Verde Renewables entered a services agreement with Donald R. Fosnacht to develop certification for biochar construction products.
- The company will issue 1,000,000 restricted common shares to Fosnacht as payment, due by January 31, 2024.
- The agreement runs through December 31, 2025, with possible renewal on mutually agreed terms.
- The stock issuance was made in reliance on Section 4(2) and Rule 506(b) exemption from registration.

## SEC filing metadata
- accession: 0001640334-23-001958
- form_type: 8-K
- ticker: VRDR
- cik: 0001506929
- company_name: VERDE RESOURCES, INC.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506929/000164033423001958/0001640334-23-001958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506929/000164033423001958/vrdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-23-001958
- JSON: https://secwatch.observer/filing/0001640334-23-001958.json
- Plain text: https://secwatch.observer/filing/0001640334-23-001958.txt

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