secwatch.observer — SEC 8-K summary
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Issuer:     VERDE RESOURCES, INC. (VRDR)
CIK:        0001506929
Form:       8-K/A
Filed at:   2025-05-22T23:59:59+00:00
Accession:  0001640334-25-000926
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Resources and C-Twelve finalize 10-year exclusive low-carbon asphalt partnership; issue 1.5M shares
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- Signed Joint Development Agreement May 19, 2025; company to pay $300k sign-on fee and issue 1.5M restricted shares.
- Proof-of-concept at NCAT (Dec 2024/Apr 2025) validated asphalt produced without burning 95% of typical fossil fuels.
- World's first biochar-based Carbon Removal Credits from asphalt verified by Puro.earth; pre-purchased by global financial institution.
- C-Twelve receives 3% royalty on future carbon removal credits from Verde-C12 IP; joint ownership of US solutions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506929/000164033425000926/0001640334-25-000926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506929/000164033425000926/vrdr_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001640334-25-000926

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer