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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 Mar 15, 2021 11:06am
301 Views
Post# 32798415

New issued and outstanding share count

New issued and outstanding share countBased on the announcement that 1,410,057 warrants were exercised by March 12, 2021, and the early announcement of treasury shares issued in lieu of salaries, the new total for the issued and outstanding share capital of Verde Agritech is now:

50,416,015 shares (versus 48,444,803 at December 31, 2020)

CEO Veloso's personal holdings have increased to 9,451,547 common shares and 2,142,308 share options expiring in 2028, 2029, 2030 and 2031. His current shares represent 18.75% of the new figure.

On a fully diluted basis he would hold 11,593,855 shares of a revised total of 52,558,323 issued and outstanding shares which would represent a 22.06% ownership position.

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