Each one in plain English, with the numbers worked through for a shareholder.
6 July 2026material agreement▲ GoodMajor
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.
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.
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.
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.
Verde and Ergon needed more time than the 90 days they'd targeted, so they extended their MOU deadline while continuing to negotiate the definitive exclusive license 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.
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.
24 Jan 2025asset acquisition disposition▼ BadMajor
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.
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.
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.
Verde hired international carbon-credit specialist GECA Environnement as a strategic advisor to help monetize carbon removal credits from its biochar work, on a $5,000-a-month retainer for six months.
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.
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.
17 May 2024material agreement termination▼ BadMajor
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.
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.
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.
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.
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.
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.
Ahead of exiting the mining business, Verde settled Champmark's $675,888 debt to creditor Borneo Oil Corporation - another entity in the Borneo Oil group that is also one of Verde's largest shareholders - payable in cash or new shares at $0.07 each.
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.
24 Feb 2023asset acquisition disposition▲ GoodMajor
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.
Verde Renewables hired a business-development consultant to build out its business plan and marketing strategy, paying 750,000 shares over two tranches.
Verde Renewables also brought on a Financial Controller under the same kind of stock-for-services arrangement, paying 800,000 shares over two tranches.
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.
12 Oct 2022asset acquisition disposition▲ GoodMajor
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.
3 Oct 2022asset acquisition disposition▲ GoodMajor
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.