{"url_path":"/sec/vrdr/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1506929/0001493152-26-022753-index.html","accession_number":"0001493152-26-022753","cik":"0001506929","ticker":"VRDR","issuer_name":"VERDE RESOURCES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1506929/0001493152-26-022753-index.html","primary_entity_key":"0001506929","primary_entity_name":"VERDE RESOURCES, INC."},"word_count":493,"has_tables":true,"body_markdown":"**Item\n2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\n \n\n*Unregistered\nSales of Equity Securities*\n\n \n\nDuring\nthe nine-month period ended March 31, 2026, we conducted the below issuances of our shares of common stock. The shares were issued in\nreliance upon one or more exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities\nAct”), including Section 4(a)(2) thereof, and Regulation D and Regulation S thereunder.\n\n \n\n \n ●\nOn\nJuly 1, 2025, we issued a total of 7,744,445 shares of common stock which were committed to be issued as of June 30, 2025,\ncomprising 4,444,445 shares of common stock for $400,000 at $0.09 per share to one non-U.S. shareholder and 3,300,000 shares of common\nstock for $264,000 at $0.08 per share to one non-U.S. shareholder and seven U.S. shareholders. See Note 15 Stockholders’ Equity\n*Stock issued and stock cancelled to shareholders.*\n\n \n \n \n\n \n●\nOn\nJuly 1, 2025, we issued 1,000,000 shares of common stock to Dr. Raymond Powell. See Note 21 Shares Issued\nto Nonemployees and Employees, *National Implementation Expert Agreements.*\n\n \n \n \n\n \n●\nOn\nJuly 28, 2025, we issued a total of 187,500 shares of common stock for $15,000 at $0.08 per share to one U.S. shareholder.\nSee Note 15 Stockholders’ Equity *Stock issued and stock cancelled to shareholders.*\n\n \n \n \n\n \n●\nOn\nSeptember 12, 2025, we issued a total of 5,412,500 shares of common stock for $433,000 at a price of $0.08 per share to\nthree non-U.S. shareholders. See Note 15 Stockholders’ Equity *Stock issued and stock cancelled to shareholders.*\n\n \n \n \n\n \n●\nOn\nOctober 31, 2025, we issued a total of 24,943,876 shares of common stock to Ergon for gross proceeds of $2,000,000, at a price of\n$0.08018 per share to Ergon. See Note 14 Warrants.\n\n \n\n●On\nJanuary 5, 2026, we issued 1,727,115 shares of common stock\nto Dr. Nam Tran as compensation for services rendered. See Note 21 Shares Issued to Nonemployees\nand Employees, *National Implementation Expert Agreements.*\n\n   \n\n●On\nJanuary 5, 2026, we issued 1,727,115 shares of common stock\nto Dale Ludwig as compensation for services rendered. See Note 21 Shares Issued to Nonemployees\nand Employees, *National Implementation Expert Agreements.*\n\n   \n\n●On\nJanuary 5, 2026, we issued 1,036,269 shares of common stock\nto Eric Bava as compensation for services rendered. See Note 21 Shares Issued to Nonemployees\nand Employees, *Eric Bava Chief-Operating Officer.*\n\n   \n\n●On\nJanuary 5, 2026, we issued 86,355 shares of common stock\nto Hannah Bruehl as compensation for services rendered. See Note 21 Shares Issued to Nonemployees\nand Employees, *Hannah Bruehl-Chief of Staff.* \n\n   \n\n●On\nFebruary 19, 2026, we issued 3,975,155 shares of common stock to Technologies\nApex, LLC as compensation for services to be rendered. See Note 21 Shares Issued to Nonemployees\nand Employees, *Apex Agreement.*\n\n   \n\n●On\nFebruary 19, 2026, we issued 165,631 shares of common stock to Christopher\nDavid Poorman as compensation for services to be rendered. See Note 21 Shares Issued to Nonemployees\nand Employees, *Poorman Agreement.*\n\n \n\n*Purchases\nof Equity Securities by the Issuer and Affiliated Purchasers*\n\n \n\nNone."}