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Verde Agritech :  Revises Upwards Its 2021 Revenue Target, and Provides Update on Sales and Plant 2 Construction

Verde Agritech :  Revises Upwards Its 2021 Revenue Target, and Provides Update on Sales and Plant 2 Construction
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VERDE ANNOUNCES CHAIRMAN, INDEPENDENT LEAD DIRECTOR AND COMPOSITION OF BOARD COMMITTEES


Press release content from Business Wire. The AP news staff was not involved in its creation.
VERDE ANNOUNCES CHAIRMAN, INDEPENDENT LEAD DIRECTOR AND COMPOSITION OF BOARD COMMITTEES
April 7, 2021 GMT
Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (”
Verde ” or the “
Company ”) is pleased to announce that Cristiano Veloso has been appointed Chairman of the Board of Directors (the “
Board ”) and that Michael St Aldwyn has been appointed Lead Independent Director of the Board.
Mr. Veloso, Verde’s Founder, President and Chief Executive Officer, will serve as the Chairman of the Board. The Board is composed of five independent directors and Mr. Veloso as sole executive director. The position of Chairman had been vacant since December 2013. ....

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Verde Grows 103% in 2020, Achieves Sales Target and Provides Corporate Update


/EIN News/ (All figures are in Canadian dollars, unless stated otherwise.)
BELO HORIZONTE, Brazil, March 01, 2021 (GLOBE NEWSWIRE) Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (
Verde” or the “
Q4 2020”) and for the year ended December 31, 2020 (“
FY 2020”). Audited financial results for Q4 2020 and FY 2020 will be reported and filed on SEDAR on March 30, 2021.
In Q4 2020 the Company sold 56,585 tonnes of its multinutrient potassium fertilizer, marketed and sold in Brazil under the K Forte® brand and internationally as Super Greensand® (the “
Product”), an increase of 76% in comparison to the 32,221 tonnes sold in the fourth quarter of 2019 (“
Q4 2019”). For the full year 2020, the Company sold 243,707 tonnes of the Product, an increase of 103% in comparison to 119,809 tonnes for the year ended December 31, 20219 (“ ....

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Verde Agritech Announces Change of Auditor


(xiii)
(xiv)
the fulfilment of environmental assessment commitments and arrangements with local communities.
Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Many forward-looking statements are made assuming the correctness of other forward-looking statements, such as statements of net present value and internal rates of return, which are based on most of the other forward-looking statements and assumptions herein. The cost information is also prepared using current values, but the time for incurring the costs will be in the future and it is assumed costs will remain stable over the relevant period. ....

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