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Verde achieves C$9 4 million revenue and increases cash position by 82% in the third quarter of 2023

Verde achieves C$9 4 million revenue and increases cash position by 82% in the third quarter of 2023
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Verde AgriTech Ltd: Verde Cultivates Financial Resilience with Banco do Brasil and Bradesco Backing

Verde AgriTech Ltd: Verde Cultivates Financial Resilience with Banco do Brasil and Bradesco Backing
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Verde Cultivates Financial Resilience with Banco do Brasil and Bradesco Backing

(All figures are in Canadian dollars, unless stated otherwise. Currency exchange rate: C$1.00 = R$3.70) SINGAPORE, Oct. 23, 2023 (GLOBE NEWSWIRE) Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it has secured 16.2 million Canadian Dollars (“C$”) - 60 million Brazilian Reais (“R$”) - in debt financing facility from Banco do Brasil S.A. (“Banco do Brasil”) and Banco Bradesco S.A. (“Bradesco”), the two largest Brazilian banks (the “Financing”). The funds ra

Verde AgriTech Advances into phase 2 of Musk-Backed $100M XPRIZE Carbon Removal Challenge

SINGAPORE, Oct. 16, 2023 (GLOBE NEWSWIRE) Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it has successfully advanced to Phase 2 of the largest incentive prize in history, XPRIZE "$100M Carbon Removal" Challenge (the “Challenge”). This challenge seeks innovative solutions to extract and sequester carbon dioxide from the atmosphere, fighting climate change and rebalancing Earth’s carbon cycle. Verde has delivered an ambitious proposal to develop one of t

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