#United States #NASDAQ #St. Louis #Verde Resources #BioAsphalt

Verde Files Registration Statement for Public Offering

Verde Resources Inc. (OTCQB: VRDR), a pioneer in sustainable infrastructure technologies, has officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed underwritten public offering. This offering is anticipated to generate gross proceeds between $5 million and $8 million.

In conjunction with this public offering, Verde has also applied to have its common stock listed on The Nasdaq Stock Market. The successful completion of the uplisting is contingent upon the closing of the public offering.

Strategic Growth Initiatives

The funds raised from this offering will be pivotal in accelerating Verde's growth strategy, which includes:

• - Expansion of BioAsphalt™ Technology: Verde plans to scale the production and distribution of its innovative BioAsphalt™ technology across North America in partnership with Ergon Asphalt Emulsions, Inc. This product aims to transform the road materials industry by providing an eco-friendly alternative that reduces carbon emissions.

• - Establishing Commercial Partnerships: Verde is also exploring the expansion of its licensing model to forge new commercial partnerships not only in North America but also in international markets, further spreading the adoption of its sustainable solutions.

• - Investing in R&D: The company will allocate resources towards research and development to advance technologies that address critical environmental issues. Includes advancements in BioAsphalt™ for potential applications involving national security and defense initiatives.

Forward-Looking Information

It is important to note that while a registration statement regarding the proposed public offering has been filed, it has not yet become effective. Consequently, the shares offered can only be sold once the registration statement is effective. Furthermore, this announcement does not represent an offer to sell or solicit an offer to buy any securities in any jurisdictions where such actions would be unlawful.

About Verde Resources Inc.

Verde Resources Inc. is recognized as an emerging leader in environmentally sustainable infrastructure products. The company specializes in providing innovative and cost-effective solutions to enable industries to transition towards zero carbon emissions. With the integration of proprietary technologies and sustainable practices, Verde aims to contribute significantly to the creation of low-carbon materials for infrastructure globally.

Its transformative approach not only reduces greenhouse gas emissions but also sequesters carbon dioxide, optimizes the use of recycled materials, and enhances installation efficiency—all while maintaining a cost-effective model.

For more information about Verde and its initiatives, visit Verde Resources.

Disclaimer

This press release contains forward-looking statements that include expectations, projections, and anticipated future developments. These are subject to significant risks and uncertainties that may result in actual outcomes differing substantially from these forecasts. Potential risks include challenges in expanding the market acceptance of their technologies, reliance on commercial partners, and conditions related to the proposed offering or Nasdaq uplisting.

Readers are advised to consider these risks carefully and not to place undue dependence on the forward-looking statements presented herein. As of today, Verde’s stock continues to be traded on the OTCQB under the ticker ‘VRDR’.