VERDE BIO HLDGS INC - VBHI STOCK NEWS

Verde Bio Holdings, Inc. (OTC: VBHI) has announced a strategic shift, acquiring biodiesel production facilities that will more than triple its assets. In its recent 10Q, the company reported Mineral and Royalty income of $143,413 for Q2 2021, a significant increase from Q1, but below expectations due to delays in revenue transfers from new acquisitions. CEO Scott Cox expressed optimism about future revenue growth driven by increasing commodity prices and ongoing acquisition strategies, especially in renewable energy sectors like wind and solar.

Verde Bio Holdings (OTCQB: VBHI) has announced a strategic expansion into the new energy economy, focusing on renewable energy and energy infrastructure. The company intends to acquire two operational biodiesel plants in Florida and North Carolina, worth an estimated $27 million in assets. The acquisition prices are $4 million and $3 million, respectively. Verde plans to enhance production capacity and diversify its revenue through byproducts. Additionally, the company has secured a $1 million financing agreement to support this acquisition, aiming to increase cash flow and explore a potential uplist to a major stock exchange.

Verde Bio Holdings (OTCQB: VBHI) announced an acquisition of mineral and royalty interests for $175,000, enhancing its portfolio of revenue-generating assets in Belmont County, Ohio. Operated by Ascent Resources, the interests are expected to produce approximately $3,000 in monthly revenue, with cash flow starting on or after November 1, 2021. This acquisition aligns with Verde's strategy of building a diversified, revenue-producing portfolio in premier U.S. basins. The deal is set to close by November 30, 2021, as the company emphasizes long-term value creation for shareholders.

Verde Bio Holdings (OTC: VBHI) reports promising trends in the oil and gas industry, with crude prices surging above $85, the highest since 2014. Analysts from Goldman predict a substantial increase in global oil demand, potentially exceeding pre-COVID levels, alongside dwindling stockpiles. U.S. gasoline prices are also reaching new highs, with forecasts suggesting they could surpass $4.1. CEO Scott Cox expresses strong optimism about VBHI's trajectory, citing these developments as indicators of increased revenue opportunities for the company and its investors.

Verde Bio Holdings, Inc. (OTCQB: VBHI) reported a significant 96% increase in total proved reserves as of October 31, 2021, compared to year-end April 30, 2021, with a PV-10 value of $2.3 million. The reserve growth stems from organic growth and acquisitions. The company’s SEC Pricing indicates strong potential for upside value, with current oil prices exceeding $80 and natural gas prices over $6. VBHI owns revenue-producing royalty interests in approximately 400 wells in the U.S., positioning the company for continued opportunities in the energy sector.

Verde Bio Holdings (VBHI) has successfully qualified to trade on the OTCQB Venture Market, starting today, October 22, 2021. This achievement marks a significant milestone for the company, which operates in the oil and gas sector with revenue-producing interests in approximately 391 wells. The recent Penny Stock Exempt Designation enhances the stock's visibility and broadens its shareholder base, allowing nationwide stockbroker recommendations. The OTCQB aims to provide greater transparency and liquidity for investors, with stringent financial criteria ensuring improved protections.

Verde Bio Holdings has achieved "Penny Stock Exempt" status, enabling its shares (VBHI) to avoid restrictions on sales associated with stocks priced below $5. This change allows national broker/dealers to recommend Verde Bio to clients, expanding potential investor access. The exemption follows the firm's detailed 10K filing and aligns with new OTC Market regulations effective 9/28/2021. The company is focused on acquiring revenue-producing royalty interests in oil and gas properties, and this milestone is seen as a significant achievement for both the company and its investors.

Verde Bio Holdings (OTC: VBHI) will present at the Emerging Growth Conference on October 13, 2021, at 11:15 a.m. Eastern time. The 30-minute live online event will provide shareholders an opportunity to engage with CEO Scott Cox, who will present and answer questions. Registration can be completed here. An archived version will also be available for those who cannot attend live. The Emerging Growth Conference facilitates public companies in presenting to the investment community.

Verde Bio Holdings (OTC: VBHI) will present at the Emerging Growth Conference on October 13, 2021, at 11:15 AM Eastern time. The interactive online event allows investors to engage with CEO Scott Cox in real time, including a Q&A session. The presentation will last 30 minutes, and attendees are encouraged to register at EmergingGrowth.com to participate. A recorded webcast will be available for those unable to attend live. This conference highlights growth companies, providing a platform to showcase innovative products and strategies.