“A potash solution for Brazil’s Growing Potash Problem”
About Us

The Company was founded in 2005, when a team of experienced Brazilians led by Cristiano Veloso assembled a grassroots exploration portfolio. In 2006, the company then known as Amazon Mining Holding Plc was incorporated in England and Wales. A closer look at the potash-rich rock in the Cerrado region of Minas Gerais, re-opened long abandoned discussions of developing the revolutionary new ThermoPotash fertilizer to meet the needs of Brazil's growing agricultural sector. The Company evaluated a number of mineral projects between 2005 and 2008, until formally focusing its efforts on fertilizer in 2008. The Cerrado Verde Project was announced and support for the bold new direction was evidenced by a steadily increasing share price throughout 2009 and 2010. Alongside the development of ThermoPotash, the Company evaluated routes to produce a conventional fertilizer product, KCl (potassium chloride) from its potash-rich deposit. In 2011, with the help of an engineering consortium, the Company successfully produced KCl, validated its production flow sheet in its pilot plant's rotary kiln and commissioned SRK to complete a Preliminary Economic Assessment (finalized early 2012). In 2011, the Company was renamed Verde Potash to reflect its commitment to fertilizer. As the Company continues to evaluate the potential of its land holdings for fertilizer opportunities, Verde remains focused on developing the Cerrado Verde Potash project through production.

2005

1st Quarter:     Founded by experienced & successful Brazilian team
4th Quarter:     Assembled grassroots gold exploration portfolio

2006

2nd Quarter:    Amazon was incorporated in England and Wales
4th Quarter:     Preliminary Exploration and NI 43-101 Report

2007

2nd Quarter:    Pre-IPO Private Placement (C$0.75 for C$1.5M)
4th Quarter:     IPO on TSX.V, Canada (C$1.20 for C$16M)

2008

2nd Quarter:    Gold Exploration Results
3rd Quarter:     Management Restructuring and Cost Reduction
4th Quarter:     Cerrado Verde Potash Project Announcement

2009

2nd Quarter:    CETEM agreement and Minas Gerais Endorsement

                       Board of Directors Transition to reflect fertilizer and Brazil focus

3rd Quarter:     Development Partner agreements for agronomic tests with Arcelor and Agrifirma
4th Quarter:     Pilot plant testing begins at Phoster

                       Amazon Drills 45m of 11.8% K2O from surface

 

2010

1st Quarter:     First Drill Program completed - 3,000m by 350m Enriched Potash Zone 

                       Initial NI 43-101 Inferred Resource - 105 Mt, grading 10.3% at 7.5% cut-off

                       Development Partner agreement for agronomic tests with Sekita Agronegocios

2nd Quarter:    Amazon appoints new VP of Operations
3rd Quarter:    Amazon releases favourable nutrient availability test results
4th Quarter:     Natural gas discovery near the Cerrado Verde Potash project

                       Amazon appoints engineering and marketing executives

                       Agronomic tests demonstrate limestone replacement and slow release properties

                       Amazon receives a Preliminary Economic Assessment and an independent Marketing Study

                       Amazon discovers phosphate at the Cerrado Verde potash project

                       Amazon files patent application for production of KCl and SOP from potassium rock

                       Amazon closes C$14.5M private placement financing

 

2011

1st Quarter:     Amazon initiates drill campaign to explore phosphate and expand potash resource
2nd Quarter:    Amazon signs a Memorandum of Understanding with the Brazilian state government

                       Company changes its name to Verde Potash Plc

                       Verde increases drilled potash surface area by 2200% at Cerrado Verde

                       Verde reports TK's stronger results than KCl in product efficacy tests

                       Verde discovers high grade limestone deposit near Cerrado Verde

3rd Quarter:     Verde upgrades potash resource estimate: 74Mt indicated (9.22%); 1.07Bt inferred (9.37%)

                        Initial resource estimate for Calcario Limestone - 89Mt indicated, 180Mt inferred (54.7%)

4th Quarter:      Verde successfully produces conventional potash, KCl from its potash resources

                        Verde appoints Pedro Ladeira as Chief Operating Officer

 

2012

1st Quarter:    Verde expands inferred resource estimate for Cerrado Verde: 2.68Bt (8.8%)

                      Verde receives a Preliminary Economic Assessment for the production of KCl

                       Verde completes a C$28.7M bought deal public offering for 4,457,364 Ordinary Shares
                     
2nd Quarter:   Verde graduates to the Toronto Stock Exchange
3rd Quarter:    Verde appoints Mr. Rubens Mendonça as VP Mining and Dr. Patricia Radino-Rouse as
                      VP Engineering

Verde hires new CFO, Mr. Milson Mundim, to lead structured finance efforts

4th Quarter: Verde appoints Jaret Anderson as the Company's new VP Corporate Development

Verde announces the completion of their 2012 Cerrado Verde drilling campaign




2013

1st Quarter Verde applied for a "licença prévia" (or "LP") for the Cerrado Verde project and 
engaged in negotiations with a number of potential counterparties regarding an off-take agreement

2nd Quarter:    Verde makes considerable progress with regards to engineering of the Cerrado Verde KCl process;
                         performance guarantees secured

 Verde appoints Mr. Leonardo Moretzsohn as Chairman of the Board and Mr. Fernando Coura as
                          a Director of the Board

 Verde's final exploration report approved for Cerrado Verde mineral tenements

3rd Quarter:     Verde strengthens its management team with the addition of Mr. Antonio Schettino as COO

    Verde announces new strategic plan to advance the Cerrado Verde Potash Project;
 ThermoPotash production in Phase 1

EPAMIG and Verde Potash demonstrate the benefits of TK for coffee crops
 
 Verde selected to advance in Inova Agro funding process

4th Quarter:     ThermoPotash approved for use on organic crops by IBD certifications

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