secwatch.observer — SEC 8-K summary
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Issuer:     VERDE RESOURCES, INC. (VRDR)
CIK:        0001506929
Form:       8-K
Filed at:   2026-03-19T23:59:59+00:00
Accession:  0001640334-26-000481
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verde Resources enters biochar supply deal with BSL; 38,500 tons/yr, IP & carbon credit sharing
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- BSL to supply up to 38,500 U.S. tons of engineered biochar annually for Verde's BioAsphalt™ and carbon credit strategy.
- At least 50% of initial supply qualifies for carbon removal credits; credits and revenues split 50/50 between BSL and Verde.
- BSL is exclusive supplier for biochar in U.S. asphalt/road construction during initial 18-month term and any renewal.
- Parties to jointly file U.S. patent for designer-blend char formulation; patent owned 50/50 with shared costs.
- After 18-month Initial Period, agreement may be superseded by a 5-year renewable Subsequent Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506929/000164033426000481/0001640334-26-000481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506929/000164033426000481/vrdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-26-000481

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