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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

Comment by topdopon Mar 31, 2021 3:22pm
183 Views
Post# 32916081

RE:Verde Board Chair clarrification

RE:Verde Board Chair clarrificationThis a very troubling development and seems like it's now the 2nd time you seem to have "inserted" yourself into this corporation's business in acting as some sort of proxy (for NPK).

The first time was a number of weeks ago when you were challenging the fact that CV had never sold shares in the company he founded, and the second time is this business of the Chair position.

I don't take issue with the fundamental facts you seem to be pursuing clarity on, but the methods about which said clarity seems to be coming to the wider market as a whole are troubling; there are inumerable risks here that any Corporate Lawyer and/or Compliance Officer might easily point out.

I am going to write to NPK and request they are more circumspect in their communications with shareholders, big and small, and ask that they spend more time checking their operations and disclosures meet with OSC rules in respect of Regulatory Compliance, Timely Disclosure and most particularly when it comes to matters as important as Material Events.

And for those that may not be aware, and in my opinion, the changing/replacing/hiring of a new Chair is definitely a Material Event.

These are my views only. Thanks for reading.
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