---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-24-001559"
form_type: "8-K"
ticker: "VRDR"
cik: "0001506929"
company_name: "VERDE RESOURCES, INC."
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:04:19.537506+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Verde Resources signs exclusive US license for biochar asphalt tech with C-Twelve

## Summary
- Exclusive US license for proprietary binder/biochar asphalt technology; first refusal for other countries.
- Minimum annual production required; royalties on minimum plus excess at same rate or as agreed.
- Joint installation at NCAT Test Track (Alabama) targeted for Dec 16-20, 2024.
- Upon definitive agreement: $300K sign-on fee and 1.5M restricted shares issued to C-Twelve.
- Term sheet effective Oct 18, 2024 through Feb 28, 2025; final deal required by that date.

## SEC filing metadata
- accession: 0001640334-24-001559
- form_type: 8-K
- ticker: VRDR
- cik: 0001506929
- company_name: VERDE RESOURCES, INC.
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506929/000164033424001559/0001640334-24-001559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506929/000164033424001559/vrdr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-24-001559
- JSON: https://secwatch.observer/filing/0001640334-24-001559.json
- Plain text: https://secwatch.observer/filing/0001640334-24-001559.txt

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