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Verde AgriTech Ltd. T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Post by 15Stanmoreon Jun 14, 2021 2:38pm
203 Views
Post# 33382681

Verde.ag website update

Verde.ag website updateThe opening page when you go to the Verde.ag website states boldly:

We are a British agri-tech company controlled by Brazilians. We operate the largest Brazilian potash mine, based in the State of Minas Gerais.

I find this declaration to be false and misleading. Can I suggest the Company update this declaration to more correctly read:

We are an agri-tech company originally incorporated in the United Kingdom, which is publicly listed and trades primarily on the Toronto Stock Exchange in Canada. The majority of our shareholders are resident in Canada, although about 25% of the shares are owned by Brazilian citizens. Our subsidiary companies operate solely in Brazil, where we currently employ about 100 people based in the State of Minas Gerais focused on operating the largest Brazilian Glauconite mine as a source of raw material for a line of agricultural fertilizers.

Some mighty say I am being picky, I would argue that I am being both honest and precise. Why does the Company need to advance claims that are just not true?

What do others think?

Cheers.

S

PS only 16 days to the Verde AGM - will you be there?


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