Research analysts covering VERDE RESOURCES.
Recent press releases and 8-K filings for VRDR.
Verde Resources and Ergon Showcase BioAsphalt™ Partnership
VRDR
Product Launch
New Projects/Investments
- Verde Resources (OTCQB: VRDR) and Ergon Asphalt & Emulsions, Inc. are jointly participating in the National Asphalt Pavement Association (NAPA) Annual Meeting from January 26-29, 2026, to showcase their strategic partnership and carbon sequestering BioAsphalt™ technology.
- Ergon, the largest asphalt marketer in North America, holds the exclusive North American license from Verde to manufacture and distribute products incorporating BioAsphalt™.
- Verde's BioAsphalt™ technology enables zero-heat production and installation, reduces emissions, and achieves quantifiable carbon sequestration, with a proof-of-concept at the NCAT Test Track yielding 8 tons of Carbon Removal Credits from a 110-ton cold-mix asphalt project.
- The partnership aims for full-scale commercialization of BioAsphalt™ to create permanent carbon sinks in North American roads, offering lower costs and generating verified carbon removal credits.
Jan 26, 2026, 12:45 PM
Verde Resources Files for Public Offering and Nasdaq Uplisting
VRDR
Delisting/Listing Issues
New Projects/Investments
- Verde Resources Inc. has publicly filed a registration statement for a proposed underwritten public offering of its common stock, with anticipated gross proceeds in the $5-$8 million range.
- The company has applied to list its common stock on The Nasdaq Stock Market, with the listing becoming effective upon the closing of the offering.
- Verde intends to use the net proceeds from the offering to accelerate strategic growth initiatives, including scaling production and distribution of its BioAsphalt™ technology in North America and expanding its licensing model.
Dec 23, 2025, 12:45 PM
Verde Resources Closes $2 Million Strategic Investment from Ergon
VRDR
New Projects/Investments
- Verde Resources, Inc. (VRDR) closed a $2 million strategic investment from Ergon Asphalt & Emulsions, Inc. on October 31, 2025.
- Ergon purchased 24,943,876 shares of common stock and an associated warrant at a combined price of $0.08018 per share, which represents a 5% discount to the 30-day volume-weighted average price.
- The company intends to use the proceeds from the offering for working capital and general corporate purposes.
- This investment follows a 10-year exclusive licensing agreement signed in October, granting Ergon rights to commercialize Verde's BioAsphalt™ technology across the United States, Canada, and Mexico.
- As part of the agreement, Ergon is subject to a standstill period on selling shares and has the right to appoint a non-voting observer to Verde's board of directors.
Nov 4, 2025, 9:30 PM
Verde Resources Receives Strategic Investment from Ergon
VRDR
New Projects/Investments
Product Launch
- Verde Resources Inc. received a $2 million strategic common stock and warrant investment from Ergon Asphalt & Emulsions, Inc..
- This investment follows a 10-year exclusive licensing agreement signed in October, granting Ergon rights to commercialize Verde's BioAsphalt™ technology across the United States, Canada, and Mexico.
- BioAsphalt™ is an environmentally sustainable solution that enables the use of 100% recycled asphalt materials in cold-mix applications, designed to lower costs and significantly reduce greenhouse gas emissions.
- Independent testing by the National Center for Asphalt Technology (NCAT) validated the performance of BioAsphalt™, confirming it meets and exceeds industry specifications for strength, durability, and moisture resistance.
Nov 3, 2025, 12:32 PM
Verde Resources Announces Strategic North American Agreement with Ergon and $2 Million Investment
VRDR
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
- Verde Resources Inc. (VRDR) and Ergon Asphalt & Emulsions, Inc., the largest asphalt marketer in North America, entered into a 10-year definitive license agreement on October 10, 2025, to commercialize Verde’s proprietary specialized emulsion and carbon sequestering BioAsphalt™ road construction materials across the United States, Mexico, and Canada.
- The agreement includes a $2 million strategic investment by Ergon in Verde, which is expected to close in October 2025.
- Under the terms, Verde is licensing its proprietary technologies to Ergon for manufacturing, marketing, and distribution of advanced road construction products, and Ergon will purchase Verde V24 exclusively from Verde.
- Verde will share 40% of its carbon removal credits generated from the BioAsphalt™ material with Ergon.
- An addendum to Verde's Joint Development Agreement with C-Twelve Pty Ltd. was also executed on October 8, 2025, expanding Verde's exclusive distribution rights for Verde V24 to include Canada and Mexico, for which Verde will pay C-Twelve an additional $1 million.
Oct 14, 2025, 8:15 PM
Verde Resources and Ergon Enter North American Commercialization Agreement
VRDR
New Projects/Investments
Product Launch
- Verde Resources (VRDR) subsidiary, Verde Renewables Inc., has signed a 10-year definitive license agreement with Ergon Asphalt & Emulsions, Inc., the largest asphalt marketer in North America.
- This agreement aims to commercialize Verde's proprietary, carbon-sequestering BioAsphalt™ road construction materials across the United States, Mexico, and Canada.
- Under the terms, Verde is licensing its technologies to Ergon for manufacturing, marketing, and distribution of advanced road construction products.
- Ergon will make a $2 million strategic investment in Verde, which is expected to close in October 2025.
- Verde will share 40% of its future Carbon Removal Credits generated by BioAsphalt™ with Ergon.
Oct 14, 2025, 12:32 PM
Montero Secures Option to Acquire Gold Projects in Chile
VRDR
New Projects/Investments
M&A
- Montero Mining and Exploration Ltd., through its wholly owned subsidiary Minera Joy SpA, has entered into option agreements to acquire a 100% interest in the Elvira Gold Project and the Potrero Gold Project in Chile\u2019s Maricunga Belt.
- The terms involve staged payments totaling US$7 million per Project over six years to the Vendor, Compañía Minera Atahualpa SpA, with Montero having the right to terminate the agreements at any time.
- Montero has approved an initial exploration budget of CAD$140,000 for each Project, with programs set to commence immediately to define drill targets.
- The projects are located in a recognized mining district and exhibit significant gold mineralization potential with strong epithermal and porphyry-style signatures based on historical drilling.
Oct 2, 2025, 2:28 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more