VERDE BIO HLDGS INC - VBHI STOCK NEWS

Verde Bio Holdings, Inc. (OTC: VBHI) filed a correction to its previous 253(g) Supplement with the SEC, clarifying the number of shares offered in its Regulation A offering to one billion (1,000,000,000) at $0.01 each. The company expressed regret for any confusion caused by the initial error. CEO Scott Cox announced the company is debt-free after a successful capital raise, positioning Verde for growth through future acquisitions. The firm aims to build a diversified portfolio of revenue-generating assets across major US basins.

Verde Bio Holdings, Inc. (OTC: VBHI) has announced the complete settlement of all outstanding debt, including convertible debt and term loans. This milestone, achieved through early conversions and a settlement agreement with major note holders, halts any further conversion into common stock. The CEO, Scott Cox, emphasized that this debt-free status strengthens the company's financial foundation for growth and increases shareholder value. The successful Reg A+ capital raise played a crucial role in reaching this achievement, enabling Verde to focus on expanding its asset base.

Verde Bio Holdings (OTC: VBHI) has acquired revenue-producing mineral and royalty interests in the Permian Basin for $430,000 in cash. This acquisition, completed on April 21, 2021, is expected to generate approximately $7,000 monthly in revenue, increasing expected combined revenue to over $51,000 per month or $610,000 annually once all properties are in pay status. The interests cover 1,920 total gross acres and are operated by Ovintiv. CEO Scott Cox expressed confidence in the acquisition's value and the company's growth strategy.

Verde Bio Holdings, Inc. (OTC: VBHI) is actively pursuing its strategy of acquiring revenue-generating undervalued properties. The company aims to raise $10 million through its Reg A+ Tier 2 Offering to support its growth, revising down from an initial target of $14.5 million due to favorable market conditions. Verde has completed ten acquisitions, projecting monthly revenues of $200,000 and asset values of $25-$30 million. Additionally, the company has eliminated over $350,000 in convertible debt and seeks to uplist to OTCQB in the next two quarters.

Verde Bio Holdings (OTC: VBHI) announced the acquisition of mineral and royalty interests in Wyoming for $497,764. This property generates approximately $8,000 monthly in revenue, with total projected revenue from all acquisitions expected to reach $46,000 per month.

This deal marks Verde's twelfth acquisition and bolsters its portfolio across several states, including Texas and Louisiana. The acquired interests cover 52 royalty acres in the DJ Basin, operated by EOG Resources, contributing to the company's long-term growth strategy.

Verde Bio Holdings Inc. has retained MineralWare to enhance its management of mineral acquisitions, royalties, and non-operated working interests. This software platform aims to streamline operations by delivering critical information more rapidly and effectively, thus maximizing returns and minimizing uncertainty. CEO Scott Cox emphasized the importance of this technology as the company raises capital through a Reg A+ Offering, facilitating improved communication with shareholders. MineralWare integrates multiple systems, enhancing portfolio management and operational efficiency for Verde.

Verde Bio Holdings, Inc. (OTC: VBHI) announced the completion of two acquisitions totaling $442,975, expanding its interests in the Haynesville Shale and Marcellus Shale. This includes revenue-producing assets across approximately 1,280 acres in Louisiana and West Virginia. The deals are expected to generate combined revenues of $38,000 monthly, totaling over $450,000 annually. The company now has eleven acquisitions, enhancing its portfolio of mineral and royalty interests.

Verde Bio Holdings, Inc. (OTC: VBHI) has successfully acquired revenue-producing mineral and royalty interests in the Haynesville Shale for $380,952. This addition encompasses 1,280 acres across Sabine and Red River Parish, Louisiana, with the potential to generate over $30,000 in monthly revenue from its growing portfolio. Currently, Verde earns approximately $6,000 per month from eight active wells. The acquisition underscores Verde's strategy of capitalizing on low commodity prices, positioning the company for growth as oil and gas prices rise.

Verde Bio Holdings, Inc. (OTC: VBHI) has finalized an acquisition of mineral and royalty interests in Colorado's DJ Basin for $152,000. This acquisition is expected to generate approximately $22,000 in monthly revenue, totaling over $250,000 annually. The deal covers 1600 acres and includes nine operational wells managed by Bonanza Creek Energy Inc. This move aligns with Verde's strategy of acquiring diversified portfolios during a downturn in oil prices, aiming to create long-term value for shareholders through future strategic acquisitions.