Verde Resources' biochar-asphalt gets early NCAT validation after 50k ESALs; targets exclusive Ergon deal by Sept 2025

VERDE RESOURCES, INC.

NCAT's test track found Verde's Cold-Mix Biochar Asphalt durable after ~50,000 ESALs of 80-ton truck traffic; suitable for low-traffic roads.
Verde signed MOU with Ergon Asphalt & Emulsions (largest US liquid asphalt producer) aiming for exclusive long-term agreement by September 2025.
Company's biochar-asphalt is first to generate verified Carbon Removal Credits, certified by Puro.earth and purchased by a major global financial institution.
Early validation supports commercialization of climate-positive asphalt; long-term testing for high-traffic uses continues under NCAT multi-year cycle.

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