Sherina Chui
By resolution of the Board, Sherina Chui was appointed Chief Financial Officer of the Company, effective May 1, 2025, replacing Balakrishnan B S Muthu in his former position as Chief Financial Officer.
Highest-materiality recent filing
10-year initial term, auto-renew 5 years; first product is cold mix road paving using engineered biochar.
Verde Resources extends CEO Jack Wong and COO Eric Bava contracts to Sept 2032
CEO Jack Wong's employment term extended five years through September 30, 2032.
Verde Resources establishes Singapore subsidiary as Asia Pacific HQ for global tech licensing
Wholly owned subsidiary Verde Resources Asia Pacific Pte. Ltd. incorporated on March 30, 2026.
Verde Resources enters biochar supply deal with BSL; 38,500 tons/yr, IP & carbon credit sharing
BSL to supply up to 38,500 U.S. tons of engineered biochar annually for Verde's BioAsphalt™ and carbon credit strategy.
Verde Resources shareholders approve all 11 proposals at 2026 annual meeting
Elected Jack Wong, Eric Bava, Karl Strahl, and Raymond Lee Powell as directors for terms ending at 2027 annual meeting.
Verde Resources announces 2026 annual meeting date; no meeting held last year
Virtual annual meeting scheduled for Feb 25, 2026; record date Dec 26, 2025.
Verde Resources closes $2M strategic investment from Ergon Asphalt & Emulsions
Gross proceeds of $2M from sale of 24.9M shares and warrant for 24.9M shares at $0.08018/share.
Verde grants Ergon exclusive 10-year license for BioAsphalt in North America; $2M equity term sheet
Ergon gets exclusive license to use Verde's cold mix biochar asphalt agent (Verde V24) in US, Canada, Mexico for 10 years, renewable.
Verde Resources extends exclusive U.S. license negotiation with Ergon to Sept 2025
Addendum to MOU signed Aug 29, 2025; original 90-day deadline from May 30, 2025 was missed.
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 Resources appoints Dr. Raymond 'Buzz' Powell as Independent Director
Effective July 3, 2025, Dr. Raymond 'Buzz' Powell appointed Independent Non-Executive Director.
MOU with Ergon Asphalt & Emulsions to finalize commercial terms for exclusive U.S. market agreement.
Verde Resources signs MOU with Ergon for exclusive US license of TerraZyme, V24 technologies
Verde Renewables signs MOU with Ergon for exclusive US license of TerraZyme and V24 road technologies.
Signed Joint Development Agreement May 19, 2025; company to pay $300k sign-on fee and issue 1.5M restricted shares.
Verde Resources replaces Chairman/CFO Muthu with Strahl as Director and Chui as CFO
Balakrishnan B S Muthu stepped down as Chairman, Director, CFO, General Manager and Treasurer effective May 1, 2025; no known disagreements.
Verde Resources completes world's first biochar carbon removal credits from asphalt; 8 tons sold
Successful proof-of-concept at NCAT Test Track for biochar in asphalt applications.
Verde Resources: TerraZyme® cuts carbon emissions 46% per NCAT preliminary LCA
Preliminary NCAT LCA shows TerraZyme® reduces carbon emissions by 46% vs. traditional soil stabilization.
Verde Resources: TerraZyme cuts carbon 46%, cement 60% in NCAT road test
NCAT study: TerraZyme reduced carbon emissions 46%, cut Portland cement 60%, eliminated hydrated lime.
Term sheet with C-Twelve Pty Ltd extended to May 31, 2025 (was Feb 28, 2025).
Verde Resources Financial Controller resigns; Duka Donaghy appointed replacement
Steven Sorhus resigned as Financial Controller and Management Committee member, effective February 16, 2025.
Verde Resources releases investor presentation with business update; details not disclosed
Company released an investor presentation on February 6, 2025, for use in investor communications.
Verde Resources sells Missouri property for $350k cash to TAFleer Properties
Sale of property in La Belle, Missouri closed on January 17, 2025.
Verde Resources board change; Chen Ching resigns, Eric Bava appointed director
Chen Ching voluntarily resigned as director of Verde Resources effective Dec 26, 2024; no disagreements known.
Verde Resources hires AUM Media for NASDAQ uplisting prep; issues 4.66M shares upfront
Engaged AUM Media Inc as capital markets, IR and media advisor for 12 months at $6,000/month plus 0.75% of total shares.
Verde Resources signs exclusive US license for biochar asphalt tech with C-Twelve
Exclusive US license for proprietary binder/biochar asphalt technology; first refusal for other countries.
Verde Resources reports cashless warrant exercise and carbon credit advisory agreement with GECA
On October 22, 2024, holders exercised cashless option for 55,973 shares; outstanding shares now 8,542,987.
Verde Resources launches VerdePlus Inc., a subsidiary partnership with Nature Plus Inc.
New subsidiary VerdePlus Inc. formed in partnership with Nature Plus Inc. (NPI).
Verde Resources issues 9.66M shares at $0.07 each to settle $675,888 debt
Issued 9,655,542 restricted shares to Borneo Oil Berhad at $0.07/share to satisfy $675,888 promissory note.
Verde Resources appoints Jeremy P. Concannon as Chief Growth Officer
Appointment effective August 1, 2024; Concannon (47) will serve as CGO.
Verde Resources enters $750k testing pact with Auburn's NCAT on eco-pavement
3-year project 'Structural Capacity of Sustainable Pavement' runs June 2024-Sept 2027 at NCAT Test Track in Opelika, AL.
Verde Resources Chairman Joesph Ambrose Lee resigns; CFO Muthu appointed Chairman
Joesph Ambrose Lee resigned as Director and Chairman effective June 18, 2024; no disagreements with company.
Verde Resources appoints Steven Sorhus to Management Committee, replacing Soo Yau Cho
Effective May 21, 2024, Steven Sorhus appointed to Board's Management Committee.
Verde Resources enters JV heads of agreement with Zym-Tec for biochar construction tech
HOA grants Verde rights to form collaboration entity and master licensing for USA of ZT's patented soil stabilization, RAP, concrete technologies.
Verde Resources terminates MOU with Andre van Zyl & Green Carbon Industries
MOU originally filed Aug 10, 2023, aimed at a North American project venture using IP and R&D.
Verde Resources CTO Andre van Zyl steps down effective May 15, 2024
Andre van Zyl resigned as Chief Technology Officer effective May 15, 2024.
Verde Resources issues 6M shares to two asphalt industry experts for services
Engaged Dr. Nam Tran and Dr. Raymond Powell as National Implementation Experts for subsidiary Verde Renewables.
Verde Resources appoints five to new Management Committee
Effective Feb 6, 2024, Verde Resources formed a Management Committee to oversee operations and subsidiaries.
Chairman Jack Wong resigns; Joseph Lee appointed Chairman; Board expands from 3 to 7
Jack Wong resigned as Chairman but remains CEO and Director; no disagreements cited.
Verde Resources subsidiary Verde Renewables entered a services agreement with Donald R. Fosnacht to develop certification for biochar construction products.
Verde Resources appoints Dr. Don Fosnacht as National Certification & BCR Implementation Specialist
Dr. Don Fosnacht, former Associate Director at NRRI (21+ years experience), joins Verde.
Verde Resources appoints Eric Bava as COO and Andre van Zyl as CTO effective October 1, 2023
Eric Bava (43) appointed COO; previously Co-Founder & COO of Plantwise and founded King Extracts.
Jack Wong resigns as President of Verde Resources, appointed Chairman
Effective Sept 12, 2023, Jack Wong stepped down as President; no disagreements with the Company.
Verde Resources announces upcoming executive and Chairman appointments for climate-tech innovation
Press release issued September 12, 2023 announces planned appointments to key executive and Chairman roles.
MOU with Green Carbon Industries (GCI) and Andre van Zyl for exclusive North American biochar-asphalt IP rights.
Verde Resources sells mining subsidiary Champmark Sdn Bhd for MYR 500,000
Completed sale of entire issued capital of Champmark Sdn Bhd (CSB) to Jusra Mining Merapoh Sdn Bhd on April 20, 2023.
Verde Resources board changes: Carl Craven resigns, Jack Wong appointed director
Carl Craven voluntarily resigned as Director effective March 30, 2023; no disagreement with company.
Verde Resources to acquire 60% of VATA for MYR 2.25M in cash and stock
Acquisition of 60% stake in Vata VM Synergy (M) Sdn. Bhd., a Malaysian green technology and compost company.
Verde Resources subsidiary settles $675,888 debt via cash or restricted shares at $0.07/share
Indirect subsidiary Champmark Sdn Bhd entered a Settlement of Debts Agreement with creditor Borneo Oil Corp Sdn Bhd.
Verde Resources sells mining subsidiary Champmark Sdn Bhd for MYR 500,000
Entire share capital of CSB sold to Jusra Mining Merapoh Sdn Bhd for MYR 500,000.
Consideration: 166,666,667 shares of restricted common stock at $0.03 per share.
By resolution of the Board, Sherina Chui was appointed Chief Financial Officer of the Company, effective May 1, 2025, replacing Balakrishnan B S Muthu in his former position as Chief Financial Officer.
Effective May 1, 2025, the following changes were made to the Board of Directors (the “Board”) of Verde Resources, Inc (the “Company”): Balakrishnan B S Muthu stepped down from his positions as Chairman and Director of the Company.
By resolution of the Board, Karl Strahl was appointed Director of the Company, effective May 1, 2025, replacing the Director position formerly held by Balakrishnan B S Muthu.
Effective May 1, 2025, Duka Donaghy resigned from her position as Director of Finance of the Company.
Effective May 1, 2025, Balakrishnan B S Muthu stepped down as Chief Financial Officer, General Manager and Treasurer of the Company.
Effective August 1, 2024, Jeremy P. Concannon will be appointed as Chief Growth Officer (“CGO”) of Verde Resources, Inc (the “Company”).
Effective June 18, 2024, by resolution of the Board of the Company, Balakrishnan B S Muthu, Director and Chief Financial Officer of the Company, was appointed Chairman of the Board to replace Joesph Ambrose Lee.
Effective June 18, 2024, Joesph Ambrose Lee tendered his resignation as Director and Chairman of the Board of Directors (the “Board”) and member of the Management Committee of Verde Resources, Inc (the “Company”).
Effective May 21, 2024, by resolution of the Board of Directors (the “Board”) of Verde Resources, Inc (the “Company”), Steven Sorhus was appointed as member of the Management Committee (the “Committee”) of the Board to replace Soo Yau Cho.
to replace Soo Yau Cho.
Effective May 15, 2024, Andre van Zyl stepped down from his position as the Chief Technology Officer ("CTO") of Verde Resources, Inc
Effective January 23, 2024, by resolution of the Board of the Company, Joseph Ambrose Lee was appointed Director and Chairman of the Board for a one (1) year term
Max materiality 0.80 · Median 0.47 · Most common event other_material