other material
confidence high
sentiment neutral
materiality 0.30
Verde Resources reports cashless warrant exercise and carbon credit advisory agreement with GECA
VERDE RESOURCES, INC.
- On October 22, 2024, holders exercised cashless option for 55,973 shares; outstanding shares now 8,542,987.
- Company entered 6-month service agreement with GECA Environnement for carbon credit monetization.
- GECA will provide carbon strategy advisory, project development, and market intelligence.
- Monthly retainer $5,000; no cash proceeds from warrant exercise.
- Warrants originally issued under convertible note and warrant purchase agreement dated April 27, 2024.