secwatch.observer — SEC 8-K summary
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Issuer:     VERDE RESOURCES, INC. (VRDR)
CIK:        0001506929
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001640334-24-000698
Event type: other_material
Sentiment:  positive
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506929/000164033424000698/0001640334-24-000698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506929/000164033424000698/vrdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-24-000698

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