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Verde Agritech Plc
Summary
| Project: | Cerrado Verde | |
|---|---|---|
| Deposit: | Cerrado Verde | |
| Location: | Brazil | |
| Commodities: | Potash | |
| Date: | 2/9/2017 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Mine Development | |
| Report details: | 9-2-2017: Verde Agritech Plc announces an EIA/ESIA report for its Cerrado Verde deposit at the Cerrado Verde project. Environmental License granted for Cerrado Verde. Verde AgriTech (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce it has bee | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Verde AgriTech (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce it has been granted an environmental license. The Company’s targeted production for the first half of 2017 is 19,500 tonnes of Super Greensand (see February 29, 2016 press release) and 500 tonnes of Alpha (see April 20, 2016 press release). The Company’s next steps to start production are: - Securing a mining permit from the Brazilian Department of Mineral Production; - Concluding an agreement with mining contractor; - Signing an agreement with industrialization contractors for the production of Super Greensand and Alpha. The Company’s next steps for domestic and international sales are: - Signing sale contracts with agriculture corporations and distributors; - Shipping product for sales in the United States through Amazon.com; - Registering Super Greensand and Alpha as fertilizers with Brazil’s Ministry of Agriculture and the State of California, United States. Execution of all steps are already underway in advanced stages. "With this long awaited environmental license, Verde leaps towards production. Years of agricultural research and tests will soon enable the swift deployment and market adoption of our multinutrient products,” commented President & CEO, Cristiano Veloso. | |
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