Verde AgriTech Announces Brokered LIFE Financing of Up to $4.5 Million

Executive Summary

• Verde AgriTech Ltd. announced a brokered private placement to raise up to $4,500,000 through the sale of up to 3,750,000 units at $1.20 per unit.
• Each unit consists of one ordinary share and one warrant (exercisable at $1.65 for 30 months); the lead agent will also receive broker warrants representing 3 % of units sold.
• Net proceeds are earmarked to accelerate work on the Minas Americas Global Alliance rare‑earth project in Brazil, including resource‑definition drilling, metallurgy optimization, and preparation of a NI 43‑101 mineral resource estimate, as well as for working capital and general corporate purposes.

Key Details

• Offering Size: Up to $4.5 M gross proceeds.
• Units Offered: Up to 3,750,000 units at $1.20 per unit.
• Unit Composition: 1 ordinary share + 1 share purchase warrant (exercise price $1.65, 30‑month term).
• Agent Compensation: 6 % cash commission on gross proceeds plus non‑transferable broker warrants equal to 3 % of units sold; each broker warrant allows purchase of one share at $1.65 for 30 months.
• Exemptions Used: Listed issuer financing exemption under NI 45‑106 (Part 5A) and Coordinated Blanket Order 45‑935 in Alberta, BC, Ontario; U.S. offering relies on Regulation D exemptions.
• Use of Proceeds:
• Accelerate resource definition drilling at Minas Americas project.
• Optimize metallurgy processes.
• De‑risk technical aspects for a maiden NI 43‑101 mineral resource estimate and scoping‑level economics.
• Working capital and general corporate purposes.
• Closing Timeline: Expected on or about March 12, 2026, or within 45 days of the release, subject to required approvals (including TSX).
• Regulatory Filings: Offering document available on SEDAR+ and company website; investors urged to review before investing.

Notable Quotes

• “The net proceeds from this offering will enable us to significantly advance our rare‑earth project in Minas Gerais, moving us closer to a definitive NI 43‑101 resource estimate and strengthening our balance sheet for future growth,” – Cristiano Veloso, CEO & Founder.