LONDON, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd. (TSX: NPK | OTCQX: VNPKF) ("Verde” or the “Company”), is pleased to announce the signing of an exclusive agreement with UNDO Carbon Ltd. (“UNDO”), a UK-based carbon dioxide (“CO₂”) removal innovator specializing in enhanced rock weathering, forming a collaborative framework to explore a commercial partnership focused on the creation, delivery, and sale of durable, high-quality carbon removal credits (“CDR Credits”) from Verde’s Enhanced Rock Weat ...

SINGAPORE, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: NPK | OTCQX: VNPKF) ("Verde” or the “Company”) announces its operating and financial results for the period ended September 30, 2025 (“Q3 2025”). All figures are in Canadian dollars, unless stated otherwise. Average exchange rate in Q3 2025: C$1.00 = R$4.04. “Verde has a great deal underway—both in Enhanced Rock Weathering and in our rare-earths exploration—and we look forward to updating the market on those fronts separately. Today’s rel ...

Core Insights - National Presto Industries, Inc. (NPK) shares have declined 5.4% since the earnings report for the quarter ended September 28, 2025, underperforming the S&P 500 index, which grew by 2.3% during the same period [1] - The company reported earnings per share (EPS) of 74 cents for Q3 2025, down from $1.13 a year ago, while net sales increased by 25.7% to $115.5 million, driven by the Defense segment [2] - Despite sales growth, net earnings fell 34.2% year over year to $5.3 million from $8.1 million [2] Segment Performance - The Defense segment experienced a revenue increase of $25.8 million, or 38.6% year over year, attributed to higher shipments from backlog and improved operating earnings of $1.7 million [3] - The Housewares/Small Appliance segment saw a revenue decline of $2.3 million, a 9.2% drop, primarily due to retailer resistance against tariff-driven price increases, resulting in substantial operating losses [4] - The Startup Safety segment reported nominal sales and incurred a loss during the quarter, indicating it remains in early-stage development with ongoing investment needs [6] Management Commentary - The president of National Presto, Maryjo Cohen, highlighted the contrasting performance between segments, noting that the Defense segment benefited from backlog-driven shipments, while the Housewares segment faced challenges from tariff-related issues [5] - The company indicated that tariffs were treated as period costs, contributing to ongoing losses in the Housewares/Small Appliance unit [5]

Financial Results - National Presto Industries, Inc. reported its results for the fiscal quarter ended September 28, 2025[4]. - The press release regarding the financial results was issued on October 24, 2025[4]. - The financial results and any significant changes will be detailed in the full press release filed as Exhibit 99.1[4]. Company Information - The company is listed on the New York Stock Exchange under the trading symbol NPK[2]. - The report was signed by Maryjo Cohen, President and CEO, on October 27, 2025[7]. Compliance and Regulations - The registrant has not elected to use the extended transition period for complying with new financial accounting standards[3]. - Forward-looking statements are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995[5]. Risks and Relationships - Key risks affecting future results include government defense spending, interest rates, and competitive pricing pressures[5]. - The company emphasizes the importance of maintaining relationships with major customers, including the United States Government[5]. - The company is subject to various risks that could cause actual results to differ materially from anticipated results[5].

Core Insights - Verde AgriTech Ltd. has confirmed strong ionic-adsorption behavior at its Minas Americas Global Alliance Project in Brazil, with leach tests showing high grades of magnet rare earth elements and low impurities [1][5][10] Summary by Sections Project Overview - The Minas Americas Project has demonstrated exceptional leachate results, with primary leach solutions (PLS) showing high concentrations of magnet rare earth oxides (MREO) and low levels of contaminants such as thorium and uranium [1][4][5] Leachate Results - Top leachate intervals reported DREO (total desorbable rare earth oxide) concentrations of up to 667 mg/kg and MREO concentrations of up to 278 mg/kg, indicating a strong proportion of valuable magnet rare earth elements [5][15] - The best intervals showed head grades of MREO ranging from 1,306 to 2,182 ppm, with TREO (total rare earth oxide) between 6,081 and 8,930 ppm [5][15] Comparison with Other Projects - When compared to Aclara's Carina Project, Minas Americas exhibited significantly higher head grades and leachate concentrations, with Aclara's averages being much lower [11][13][15] Technical Aspects - The ionic-adsorption clays at Minas Americas are geologically rarer and have strategic appeal due to their shallow, soft nature, which simplifies mining and processing [7][8] - The project benefits from ultra-low contaminants in the PLS, which supports selective ion-exchange and reduces the complexity of downstream processing [5][8][19] Future Developments - The company plans to conduct further metallurgical testing to optimize extraction processes, aiming for higher recoveries of rare earth elements while maintaining a clean impurity profile [22][20]

Core Insights - Verde AgriTech Ltd. has approved an accelerated development plan for its new Minas Americas Global Alliance rare earths project following a detailed review of its recent discovery and ongoing operations [1][2][4] Project Development - The company is currently operating two drill rigs, with a third expected to be operational by the end of October 2025 [1][8] - Initial drill results and confirmation of ionic clay mineralization are anticipated in Q4 2025, with a maiden mineral resource estimate (MRE) and Preliminary Economic Assessment (PEA) targeted for H1 2026 [1][4][8] Financial Position - Verde AgriTech is fully funded for the initial project work program, holding approximately C$11.5 million in cash and receivables as of the date of the announcement [5][4] Rare Earths Discovery - The recent discovery includes a continuous, clay-hosted rare earth mineralized zone covering approximately 5,500 hectares in Brazil, with significant assay results including up to 8,930 ppm Total Rare Earth Oxides (TREO) and up to 2,182 ppm Medium Rare Earth Oxides (MREO) [6][4] - The mineralization shows a strong Neodymium-Praseodymium (NdPr) component, averaging around 19% of TREO, which is beneficial for high-performance magnet applications [6][4] Upcoming Milestones - Key upcoming milestones include confirming ionic clay mineralization, releasing assay results, and publishing the maiden MRE and PEA by mid-2026 [8][4]

Core Insights - Verde AgriTech Ltd. has commenced drilling at its rare earth discovery site in Brazil, aiming to define high-quality resources for rapid production [1][5] - The company has established a strong operational foundation in Minas Gerais, with a focus on efficient project execution without compromising its low carbon fertilizer business [3][4] Project Overview - Drilling began on October 7, 2025, with plans for a three-rig program to expedite resource definition [1][5] - The mineralized zone spans approximately 5,500 hectares and is characterized by high Total Rare Earth Oxides (TREO) and magnet grade Medium Rare Earth Oxides (MREO) [5][7] - A comprehensive Board assessment is scheduled for release on October 14, 2025, detailing the project name and milestones [4][5] Technical and Operational Highlights - The project benefits from in-house multidisciplinary teams, advanced equipment, and upgraded regional infrastructure, which enhances operational efficiency [6] - Recent assays revealed significant concentrations of TREO and MREO, with samples showing high levels of NdPr, dysprosium, and terbium, suitable for applications in electric vehicles and wind turbines [7][8]

Core Insights - Verde AgriTech Ltd. has delineated a continuous clay-hosted rare earth element (REE) mineralized zone in Alto Paranaíba, Brazil, covering approximately 5,500 hectares across 13 mineral rights, indicating a significant discovery in the REE sector [2][4][8] - High-grade samples from this zone show up to 8,930 ppm Total Rare Earth Oxides (TREO) and 2,182 ppm Magnet Rare Earth Oxides (MREO), with 22 samples exceeding 1,000 ppm MREO, highlighting the potential for economic extraction [2][5][7] - The presence of heavy rare earths such as dysprosium (Dy) and terbium (Tb) alongside neodymium (Nd) and praseodymium (Pr) strengthens the overall quality of the rare earth basket, essential for high-performance permanent magnets used in various advanced technologies [5][7] Exploration Highlights - The exploration results indicate a coherent and near-surface footprint with consistent NdPr tenor, which is a key early indicator for scale and relevance in the REE value chain [4][5] - The assays demonstrate a strong NdPr tenor, with an average of 743 ppm MREO across 75 surface/trench samples, and peak assays reaching 8,930 ppm TREO and 2,182 ppm MREO [7][8] - The top 10 MREO samples show dysprosium oxide ranging from 35 to 60 ppm and terbium oxide from 8 to 13 ppm, reinforcing the potential for high coercivity magnet applications [5][7] Board Review and Next Steps - The Board of Directors has initiated a formal review to determine the optimal path forward for the project, considering options such as targeted drilling, staged evaluation, and potential partnerships [8] - A comprehensive update and go-forward plan are expected to be communicated within seven days, reflecting the significance of the discovery and its potential economic implications [8]

Core Insights - Verde AgriTech Ltd. has identified a continuous clay-hosted rare earth element (REE) mineralized zone in Brazil, covering approximately 5,500 hectares across 13 mineral rights, indicating significant potential for growth in the REE sector [2][4][9] Exploration Highlights - The mineralized zone exhibits high-grade samples with total rare earth oxides (TREO) reaching up to 8,930 ppm and magnetic rare earth oxides (MREO) up to 2,182 ppm, with 22 samples exceeding 1,000 ppm MREO [4][8] - The presence of neodymium (Nd) and praseodymium (Pr) is notable, contributing an average of 19% of TREO, peaking at 24%, which is critical for high-performance permanent magnets used in electric vehicles and advanced electronics [5][8] - The exploration results indicate consistent enrichment in heavy rare earths, particularly dysprosium (Dy) and terbium (Tb), which are essential for high-temperature magnets [5][8] Next Steps - The Board of Directors is conducting a formal review to determine the best path forward for the project, considering options such as targeted drilling and potential partnerships, while balancing capital allocation with core operations [9][4] - A comprehensive update and go-forward plan are expected to be communicated within seven days, highlighting the significance of the discovery and its potential economic implications [9][4]

Core Viewpoint - Verde AgriTech Ltd. has been granted a Brazilian patent for an innovative process that produces mineral fertilizers enriched with biological additives, positioning the company at the forefront of sustainable agricultural solutions [1][2][4]. Group 1: Patent Details - The patent covers a process that combines glauconitic siltstone with beneficial microorganisms, enhancing sustainable fertilizer technology and strengthening Verde's intellectual property portfolio [2]. - The patented process allows for the production of powdered, granulated, or microgranulated fertilizers without the drying stage, reducing production costs and preserving the viability of beneficial microorganisms for up to 180 days [3][4]. Group 2: Market Position and Strategy - This innovation addresses the growing demand for sustainable and biological solutions in agriculture, enabling the company to meet farmers' evolving needs while supporting long-term business growth [3][4]. - Verde AgriTech holds five patents in Brazil and has three patent applications pending, indicating a strong commitment to advancing agricultural innovation [4]. Group 3: Company Mission and Vision - The company is dedicated to increasing agricultural productivity, enhancing soil health, and contributing to environmental sustainability through its specialty multi-nutrient potassium fertilizers [5]. - Verde's approach includes addressing global challenges such as food security and climate change, emphasizing its commitment to eco-friendly fertilizer production and carbon capture [5].