VERDE RESOURCES, INC.

Verde deepened its relationship with Ergon into a broader Master Commercialization and Collaboration Agreement, becoming Ergon's preferred-vendor biochar supplier with a first product - a cold-mix road-paving material - now in development, alongside carbon-credit monetization services.

material agreement

As its Ergon licensing deal moved toward real production, Verde locked in its supply chain: Biochar Solutions LLC will be its exclusive US biochar supplier for asphalt applications, providing up to 38,500 tons a year.

material agreement

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.

capital raising announcement

Verde finalized its license deal with Ergon - the largest asphalt marketer in North America - granting exclusive US, Canadian and Mexican rights to its Verde V24 biochar-asphalt agent for 10 years, with Ergon committing to buy V24 at a fixed price and share 40% of related carbon credits back to Verde. In the same filing, Verde expanded its underlying technology license from C-Twelve to cover Canada and Mexico, taking on a $2 million loan plus $1 million fee to C-Twelve that becomes due within 30 days of Verde listing on a US national exchange - with a hard July 31, 2026 deadline after which C-Twelve can declare Verde in breach.

material agreement

Verde landed its most credible commercial partner yet: a memorandum of understanding with Ergon Asphalt & Emulsion - part of Ergon, Inc., a major, privately held US asphalt company - to work toward an exclusive US license for Verde's TerraZyme soil-stabilization enzyme and V24 emulsifying agent.

material agreement

Verde and C-Twelve successfully completed a real-world proof-of-concept demonstration at the Auburn University test track in December 2024, sequestering about 8 tons of carbon - concrete technical progress toward the exclusive US license the two are still finalizing.

material agreement

Verde sold its La Belle, Missouri biochar farm property for $350,000 - about $150,000 less than the $500,000 it paid to buy the site outright in 2022 - winding down that specific US carbon-farming site as the company's road-material licensing deals took priority.

asset acquisition disposition

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.

capital raising announcement

Verde signed a binding term sheet with Australian firm C-Twelve for an exclusive US license to its proprietary biochar-asphalt binder technology, with a planned $300,000 sign-on fee and 1.5 million shares once a definitive agreement is signed, plus a joint demonstration planned at the Auburn University test track.

material agreement

Verde and Zym-Tec got real-world validation lined up: a 3-year testing agreement with Auburn University's National Center for Asphalt Technology to evaluate their sustainable pavement technology at its Alabama test track.

material agreement

Days after its Green Carbon Industries plan fell apart, Verde signed up a new partner for the same idea: a Heads of Agreement with Zym-Tec Technologies to jointly develop biochar-based road and construction materials (soil stabilization, asphalt, concrete) in the US through a 50/50-owned venture, again with an eye toward a Nasdaq uplisting.

material agreement

Verde's ambitious 2023 MOU with Andre van Zyl and Green Carbon Industries for a North American biochar-asphalt venture and Nasdaq uplisting collapsed - the parties mutually terminated it after roughly nine months with no deal completed.

material agreement termination

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.

capital raising announcement

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.

capital raising announcement

Verde signed a memorandum of understanding with Australian biochar technology firm Green Carbon Industries and its founder Andre van Zyl to jointly pursue a North American biochar and "Biochar-Asphalt" road-material venture, with van Zyl set to become Verde's CTO. The deal is contingent on Verde raising at least $2 million and is tied to ambitions of moving from the OTC market up to Nasdaq; Verde also announced a carbon-credit certification partnership with Puro.earth.

material agreement

Verde completed the sale of its gold-mining subsidiary Champmark to Jusra Mining Merapoh for 500,000 Malaysian Ringgit, closing the chapter on the gold-mining business it had spent a decade building and consolidating.

asset acquisition disposition

Verde agreed to buy 60% of Vata VM Synergy, a Malaysian green-technology and agricultural-waste composting company, for about 2.25 million Malaysian Ringgit - another piece of its post-mining renewables buildout.

material agreement

Verde agreed to sell its entire gold-mining subsidiary, Champmark, to Jusra Mining Merapoh for a modest 500,000 Malaysian Ringgit - formally exiting the gold mining business it had built since 2013 to focus entirely on renewable energy and sustainability.

material agreement

Verde closed another long-pending renewables deal, acquiring Borneo Energy's biofraction plant assets and Catalytic Biofraction Process license for Sabah, Malaysia - agreed back in May 2021 - for about 167 million shares.

asset acquisition disposition

Verde's new cannabinoid unit, Verde Life, signed a 3-year exclusive deal for Country Farms (a Berjaya Corporation subsidiary) to distribute its white-label CBD products in Malaysia, with a $200,000 upfront deposit.

material agreement

Verde finally closed its acquisition of Bio Resources Limited and its Catalytic Biofraction pyrolysis IP, 17 months after first agreeing to the deal. The filing also revealed Verde now runs three distinct business lines: gold mining (Champmark), renewable biomass products (Verde Resources Malaysia), and a new planned THC-free cannabinoid distribution business (Verde Life, Oregon) - a striking diversification for a company that started as a single Nevada mining shell.

asset acquisition disposition

Verde exercised its option and bought the La Belle, Missouri biochar farm property outright for $500,000. The filing was signed by Jack Wong as the company's new President and CEO, marking a leadership change from Balakrishnan B S Muthu.

asset acquisition disposition

Verde signed a 5-year deal to supply carbon-negative agricultural inputs (biochar and bio-enzymes) to The Borneo Food Group, the SugarBun and Sabasco restaurant-brand owner - a related-party contract, since Borneo Food's parent, Borneo Oil Berhad, is also one of Verde's largest shareholders.

material agreement

Verde backed away from outright buying the Segama Ventures factory site, canceling that $1.6 million purchase (getting its $800,000 deposit refunded) in favor of a cheaper 7-year lease-with-option-to-purchase arrangement - a more capital-conservative way to secure the same expansion site.

material agreement termination

Verde's Missouri subsidiary leased a 24-acre property in La Belle, Missouri with an option to buy it for $490,000, to start a US biochar "carbon farming" operation - its renewables pivot's first move onto American soil. (This filing duplicates an identical one filed the same week under a separate accession number - apparently a filer-side double submission.)

material agreement

Verde's Missouri subsidiary leased a 24-acre property in La Belle, Missouri with an option to buy it for $490,000, to start a US biochar "carbon farming" operation - its renewables pivot's first move onto American soil. (This is a duplicate of an identical 8-K filed the same week under a different accession number - the same event, not a second transaction.)

material agreement

Verde disclosed the real substance behind its renewables pivot: a May 2021 deal to buy Bio Resources Limited, owner of the "Catalytic Biofraction Process" - a pyrolysis technology that turns palm-oil waste into bio-oil, biochar and other products - for 321.5 million shares plus $20.355 million in promissory notes to 17 lenders. In January 2022 Verde got those lenders to convert the entire $20.355 million note balance into stock instead of cash, avoiding a major debt repayment at the cost of further dilution.

material agreement

After years as a dormant Malaysian gold-mining shell, Verde signaled a pivot into renewables: its subsidiary Gold Billion Global agreed to buy a Malaysian factory site from Segama Ventures for $1.6 million to expand a planned "biofraction" biomass-processing plant.

material agreement

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.

capital raising announcement

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.

capital raising announcement

Verde's subsidiary Gold Billion Global Limited exercised its option to buy the full 85% equity stake in Champmark Sdn Bhd, the company that actually operates the Merapoh gold mine, for a nominal $1 - converting Verde's earlier management-rights arrangement into direct ownership of the mine operator.

asset acquisition disposition

Verde completed the Merapoh takeover: its new subsidiary Gold Billion Global Limited took over Federal Mining Resources' management rights in Champmark Sdn Bhd, the Malaysian contractor that actually operates the Merapoh mine site under a permit held by MMC Corporation Berhad. Verde's headquarters moved to Hong Kong, and it dismissed its US auditor as it transitioned to majority Asian ownership and management.

asset acquisition disposition

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.

capital raising announcement

Verde struck a much bigger version of the Merapoh gold mine deal: Federal Mining Resources Ltd. (via its subsidiary, also confusingly named Gold Billions) will take 100% of the mine's operating rights in exchange for 80 million new Verde shares - 95% of the company - triggering a full change of control. Founders Stephen Spalding and Michael Stiege will resign, replaced by Wu Ming Ding, Balakrishnan B S Muthu and Liang Wai Keen.

business combination

The Merapoh gold mine deal with Gold Billion Global Limited fell apart within weeks: the promised cash deposit never arrived, so Verde terminated the agreement, returned the escrowed shares to treasury, and gave back the mining interest.

material agreement

Looking for a real project, Verde agreed to issue 10 million escrowed shares to Gold Billion Global Limited in exchange for a 10% interest in the Merapoh Gold Mine in Pahang, Malaysia, pending a cash deposit into the company - its first move toward becoming a Malaysian gold miner.

material agreement