vrdr_8k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 23, 2023

Verde Resources, Inc.

(Exact name of registrant as specified in its charter)

Nevada

000-55276

32-0457838

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

2 Cityplace Drive, Suite 200, St. Louis, MO 63141

(Address of principal executive offices)

Registrant’s telephone number, including area code (323) 538-5799

_________________________________________________________

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 504 of the Securities Act of 1933 (§230.405 of this Chapter) or Rule 12b-25 of the Securities Exchange Act of 1934 (§240.12b-2 of this Chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 7. Regulation FD

Item 7.01 Regulation FD Disclosure

On October 23, 2023, the Company issued a Press Release announcing the appointment of Dr. Don Fosnacht as the National Certification & Extensive BCR (Biochar Carbon Removal) Implementation Specialist. The Press Release is attached as an Exhibit to this filing.

Item 9.01 Financial Statements and Exhibits

The Press Release is attached hereto as Exhibit 99.1.

99.1	Press Release of Verde Resources, Inc. dated October 23, 2023

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

VERDE RESOURCES, INC.

/s/ Jack Wong
Jack Wong
Chief Executive Officer

Date:

October 24, 2023

EXHIBIT 99.1

Dr. Don Fosnacht Joins Verde as National Certification & Biochar Carbon Removal Specialist

NEWS PROVIDED BY

Verde Resources Inc. -+

23 Oct, 2023, 08:32 ET

ST. LOUIS, Oct. 23, 2023 /PRNewswire/ -- Verde Resources, Inc (OTCQB: VRDR) proudly welcomes Dr. Don Fosnacht to its dynamic team as the National Certification & Extensive BCR (Biochar Carbon Removal) Implementation Specialist.

This strategic move builds on Verde's recent executive team expansion with Eric Bava and Andre van Zyl. The company has recently acquired exclusive rights to Andre's innovative Biochar-Asphalt and other carbon-neutral pavement intellectual properties, further bolstered by a strategic partnership with Pure.Earth for the expansive implementation of Engineered Carbon Removal.

With over 21 years of groundbreaking leadership in innovation and applied research, Dr. Fosnacht joins Verde after an illustrious career as the Associate Director at the Natural Resources Research Institute (NRRI). His diverse expertise spans minerals, metallurgy, forest products, biomass energy, and additive manufacturing. Noteworthy accomplishments include spearheading research in cost-effective, large-scale renewable energy storage technologies for Minnesota and trailblazing biomass conversion technology for renewable fuels. His work has extended to industrial biochar applications, displacing coal use and harnessing carbon's unique chemical properties for a reduced carbon footprint. His academic prowess, backed by a Ph.D. in Metallurgical Engineering from Missouri University of Science and Technology, is complemented by executive roles at the former Inland Steel Company.

Dr. Fosnacht will spearhead the execution of an all-encompassing strategy for the national and regional certification of carbon net-negative construction products for Verde. This visionary approach includes integrating high biochar content into asphalt, concrete, and soil stabilization. Drawing from his extensive expertise cultivated at NRRI and collaborations with associated federal and state certification agencies, he will lead the company towards securing endorsement and adoption from Departments of Transportation for Verde's pioneering carbon-sequestering Biochar- Asphalt.

"Dr. Fosnacht's unparalleled expertise positions him as a driving force in the transformation of road pavements and construction in America, with global implications," said CEO Jack Wong. "We have great confidence that he will make a significant contribution to Verde's mission of advancing Net-Zero construction practices, redefining industry standards, and propelling Verde to new heights."

About Verde Resources Inc:

Verde Resources Inc is on a mission to become a global climate-tech leader by converting waste into renewable, sustainable, and cost-effective solutions, which would pave the way for a seamless #TransitionToZero. The company is fully committed to its decarbonization and regenerative initiatives to be in line with its mission of Going Green and Beyond.

SOURCE Verde Resources Inc.