TORONTO, June 01, 2018 (GLOBE NEWSWIRE) -- Verde AgriTech Plc (TSX:NPK) (OTCQB:AMHPF) ("Verde” or the “Company”) is pleased to announce Mr. Michael St Aldwyn will be joining the Company's Board of Directors.

Mr. Michael St Aldwyn to Join Verde's Board of Directors

Michael St Aldwyn, 68, is an executive with strong connections with global investment markets and with long track record in Latin America. He worked in Brazil from 1973-1979; between 1979-1989 was responsible for Latin American markets when at the New York office of ED&F Man and moving to London from 1989-1994 still with ED&F Man, an agricultural commodities trader with over 7,000 staff spread across 60 countries started in 1783. Mr. Aldwyn then established his own company, 1994-2010, dedicated to the promotion of hedge funds. He also served as Chairman of the Anglo-Brazilian Society from 1996-2002 and as a Director of BlackRock Latin American Investment Trust from 1996-2017. He is currently Chairman of Itacaré Capital Investment Ltd. He is fluent in Portuguese and in 2017 he completed a Master’s degree at King’s College London in “Brazil in Global Perspective”.

“On behalf of Verde’s Board, it is my pleasure to welcome Michael St Aldwyn. His ties with Brazil and the global investment community will allow us to broaden the reach of Verde’s great story to even more investors. Mr. Aldwyn will help promote Verde’s mission to increase sustainability and quality in food production”, commented President & CEO Cristiano Veloso.

Annual and Special Meeting Results

At the Annual and Special Meeting (“AGM”) of shareholders, held on Thursday May 31, 2018 in Toronto, Canada, all the tabled items were approved.

The director nominees were elected as directors of the Company. Shareholders adopted the Directors’ Report, the Audited Statement of Accounts and the Auditors’ Report for the year ended December 31, 2017 and appointed BDO LLP as auditors of the Company for the ensuing year. In addition, shareholders also approved the Company's Stock Option Plan and authority of the Company’s directors to fix remuneration, allot shares, and issue ordinary shares to directors and management. The results of the election of directors are as follows:

About Verde AgriTech

Verde AgriTech promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project. Cerrado Verde, located in the heart of Brazil’s largest agricultural market, is the source of a potassium-rich deposit from which the Company intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability.

For additional information please contact:
Cristiano Veloso, President & Chief Executive Officer
Tel: +55 (31) 3245 0205; Email: [email protected]
www.verdeagritech.com | www.supergreensand.com

Cautionary Language and Forward Looking Statements

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