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VERDE RESOURCES, INC.

NYSE:VRDR
US$0.024Close 7 Oct 2026 · delayed

Past year: ▼ 72%(2.30c – 9.99c USD)

Market cap
A$44.3m
Shares on issue
1.30bn
Story beats
38 since 2013
Last event
6 July 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

4 Nov 2025capital raising announcement▲ GoodMajor

Ergon Asphalt & Emulsions backed its licensing partnership with real capital: a $2 million strategic investment buying 24.94 million shares plus a matching warrant at $0.08018/share, with a standstill on selling those shares tied to Verde's planned public offering and Nasdaq uplisting.

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22 May 2025capital raising announcement▲ GoodMajor

Verde amended its October 2024 C-Twelve filing to report that the term sheet was extended to May 31, 2025 and then replaced by a Joint Development Agreement signed May 19, 2025. Verde owes C-Twelve a sign-on fee paid in two $150,000 instalments (the second due by September 30, 2025), 1,500,000 restricted shares, and a 3% royalty on future carbon removal credits from the jointly developed technology. The filing also reports that testing at the NCAT track in Auburn, Alabama was completed (December 2024 and April 2025 trials), and that the company's first biochar-based carbon removal credits were certified by Puro.earth in April 2025 and pre-purchased by a global financial institution it does not name. The performance and commercial claims come from the company's own press release. This continues the C-Twelve thread, and the loan and fee obligation tied to a US exchange listing is not mentioned in this filing.

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5 Dec 2024capital raising announcement▲ GoodMajor

Verde hired AUM Media as a capital-markets and investor-relations advisor specifically to prepare for an equity raise and a planned Nasdaq uplisting, paying $6,000/month plus shares equal to 0.75% of shares outstanding - the first concrete step toward the uplisting that later becomes a hard deadline under the C-Twelve loan.

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19 Aug 2024capital raising announcement● Neutral

Verde amended its March 2023 filing on the $675,888 that Champmark (the gold-mining subsidiary sold in April 2023) owed to Borneo Oil Corporation Sdn Bhd. On August 16, 2024 the debt was converted into 9,655,542 restricted shares at $0.07 each, issued to Borneo Oil Berhad as the creditor's nominee. This settles the debt in shares rather than cash and adds to the related-party Borneo group's holding.

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24 Apr 2024capital raising announcement▲ GoodMajor

Two asphalt-industry veterans were engaged as National Implementation Experts to build contractor relationships and partnerships for Verde Renewables, each paid 3 million shares over three tranches - continuing to build the network behind the road-construction pivot.

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26 Oct 2023capital raising announcement▲ GoodMajor

Verde Renewables hired a national biochar-carbon-removal certification specialist to pursue certification for biochar-enhanced asphalt, concrete and soil-stabilization products, paid 1 million shares - early groundwork for what becomes the company's road-construction licensing pivot.

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19 Dec 2022capital raising announcement● Neutral

A consultant was engaged to develop retail markets for Verde's products in Malaysia and Singapore, paid 1.14 million restricted shares.

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13 Dec 2022capital raising announcement▼ BadMajor

Verde amended its filing on the Bio Resources Limited deal (agreed May 2021, closed Oct 2022). On December 7, 2022 it agreed to convert the $20,355,000 of promissory notes owed to 17 lenders, including CEO Jack Wong, into 333,142,389 restricted shares at $0.0611 each, so the notes become shares rather than debt. This follows through on the January 2022 conversion agreement, which had left the issue date to be set later, and it dilutes existing shareholders.

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5 Dec 2022capital raising announcement● Neutral

Verde Renewables hired a business-development consultant to build out its business plan and marketing strategy, paying 750,000 shares over two tranches.

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5 Dec 2022capital raising announcement● Neutral

Verde Renewables also brought on a Financial Controller under the same kind of stock-for-services arrangement, paying 800,000 shares over two tranches.

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2 Dec 2022capital raising announcement● Neutral

Verde engaged a Director of Strategic Initiatives to open doors through her personal network, paid in 1 million shares over two tranches.

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1 Nov 2022capital raising announcement● Neutral

Verde hired Dutchess Group for investor-communication and PR services, paying 1.5 million restricted shares.

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13 July 2022capital raising announcement● Neutral

A second farming consultant was engaged for biological-farming training and product development, paid in 500,000 shares plus a $25,000 deposit.

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13 June 2022capital raising announcement● Neutral

Verde Renewables hired a consultant to develop a designer compost product and regenerative farming programs, paying with 1 million restricted shares.

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10 June 2021capital raising announcement● NeutralMajor

Verde converted $1.95 million owed to four creditors - Beijing Changxin Wanlin Technology, Federal Mining Resources, Federal Capital Investment and Yorkshire Capital - into 64.8 million shares at $0.03/share, clearing old debt at the cost of significant further dilution.

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13 May 2021capital raising announcement▲ GoodMajor

Verde launched its renewables pivot in two linked deals: buying Borneo Energy's biofraction plant assets and Sabah rights to the Catalytic Biofraction Process for 166.67 million shares, and separately agreeing to acquire Bio Resources Limited - the actual owner of that palm-biomass pyrolysis IP - from Taipan International and Borneo Resources Limited.

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28 Oct 2013capital raising announcement▲ GoodMajor

The reverse merger's first concrete step: Federal Mining Resources assigned Verde management rights over Champmark Sdn Bhd, the Malaysian contractor operating the Merapoh Gold Mine, in exchange for 80 million Verde shares - while Verde simultaneously cancelled its old Nevada gold-claims purchase agreement, formally ending its original mining-shell business.

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