---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-24-000698"
form_type: "8-K"
ticker: "VRDR"
cik: "0001506929"
company_name: "VERDE RESOURCES, INC."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:33:20.021498+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Verde Resources issues 6M shares to two asphalt industry experts for services

## Summary
- Engaged Dr. Nam Tran and Dr. Raymond Powell as National Implementation Experts for subsidiary Verde Renewables.
- Each to receive 3,000,000 restricted shares in three tranches: July 2024, Oct 2025, Oct 2026.
- Services include connecting with asphalt contractors, identifying partners, and exploring collaboration opportunities.
- Shares issued under Section 4(2)/Rule 506(b) exemption; no underwriters or fees paid.
- Agreements effective until April 30, 2027, with possible renewal on mutually agreed terms.

## SEC filing metadata
- accession: 0001640334-24-000698
- form_type: 8-K
- ticker: VRDR
- cik: 0001506929
- company_name: VERDE RESOURCES, INC.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000698/0001640334-24-000698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000698/vrdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-24-000698
- JSON: https://secwatch.observer/filing/0001640334-24-000698.json
- Plain text: https://secwatch.observer/filing/0001640334-24-000698.txt

## Key facts
- Material Agreements
  VERDE RESOURCES, INC. entered into Services Agreements with Dr. Nam Tran and Dr. Raymond Powell valued at 3,000,000 shares of the Company’s restricted common stock (effective 2024-04-20).
  - Action: entry
  - Counterparty: Dr. Nam Tran and Dr. Raymond Powell
  - Value: 3,000,000 shares of the Company’s restricted common stock
  - Effective: 2024-04-20
  source text: On April 20, 2024, Verde Resources, Inc. (the “Company”) entered into two Services Agreements (the “Agreements”) with Dr. Nam Tran and Dr. Raymond Powell
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033424000698/0001640334-24-000698-index.htm

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