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Gold/Mining/Energy : Verde Agritech

NPK.TO 0.860

-4.4%

Nov 14 9:30 AM EST

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From: Sultan	3/29/2019 6:27:01 PM
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Verde Agritech announces $1.358 Million revenue in 2018 Highlights of the Fourth Quarter In October 2018, the Group announced it had sold out of Super Greensand®. It also announced its expansion for 2019, which include continuing to use the existing processing plant to produce 200 thousand tonnes per year and, in parallel, start construction of a new processing facility capable of producing an added 600 thousand tonnes per annum. The total 800 thousand tonnes per annum capacity is expected to be reached by early 2020. Financing is expected to be a mix of accumulated cashflow and debt from BNDES bank. globenewswire.com

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