Highest-materiality recent filing
10-year initial term, auto-renew 5 years; first product is cold mix road paving using engineered biochar.
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 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.
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.
MOU with Ergon Asphalt & Emulsions to finalize commercial terms for exclusive U.S. market agreement.
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: 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.
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 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 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 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.
MOU with Green Carbon Industries (GCI) and Andre van Zyl for exclusive North American biochar-asphalt IP rights.
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.
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