# EDGAR Filing Document

**Accession Number:** 0001506929
**File Stem:** 0001640334-23-000340
**Filing Date:** 2023-3
**Character Count:** 5384
**Document Hash:** 9851d6b22a7d3c6684600b71cd30f2a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001640334-23-000340.hdr.sgml**: 20230313

**ACCESSION NUMBER**: 0001640334-23-000340

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 33

**CONFORMED PERIOD OF REPORT**: 20230313

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230313

**DATE AS OF CHANGE**: 20230313

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VERDE RESOURCES, INC.
- **CENTRAL INDEX KEY:** 0001506929
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **IRS NUMBER:** 272448672
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-55276
- **FILM NUMBER:** 23726453

**BUSINESS ADDRESS:**
- **STREET 1:** 2 CITYPLACE DRIVE
- **STREET 2:** SUITE 200
- **CITY:** ST. LOUIS
- **STATE:** MO
- **ZIP:** 63141
- **BUSINESS PHONE:** (323) 5385799

**MAIL ADDRESS:**
- **STREET 1:** 2 CITYPLACE DRIVE
- **STREET 2:** SUITE 200
- **CITY:** ST. LOUIS
- **STATE:** MO
- **ZIP:** 63141

?xml version="1.0" encoding="utf-8"?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) **<u>March 13, 2023</u>**

---

| |
|:---|
| **Verde Resources, Inc.**  |
| (Exact name of registrant as specified in its charter) |

---

---

| | | |
|:---|:---|:---|
| **Nevada** | **000-55276** | **32-0457838** |
| (State or other jurisdiction of | (Commission File Number) | (IRS Employer |
| incorporation) |  | Identification No.) |

---

---

| |
|:---|
| **<u>2 Cityplace Drive, Suite 200 St. Louis, MO 63141</u>** |
| (Address of principal executive offices) |

---

Registrant's telephone number, including area code **<u>(323) 538 5799</u>**

__________________________________________________________________

(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. ☐

**<u>Item 1.01 Entry into a Material Definitive Agreement</u>**

On March 13, 2023, Verde Resources, Inc. (the "Company"), through its wholly-owned subsidiary Verde Resources Asia Pacific Limited ("VRAP") (fka Gold Billion Global Limited), a company incorporated under the laws of the British Virgin Islands, entered into a Share Sale Agreement (the "SSA Agreement") with Jusra Mining Merapoh Sdn Bhd ("JMM"), a company incorporated under the laws of Malaysia, to sell the entire issued and paid-up share capital of Champmark Sdn Bhd ("CSB"), an indirect wholly-owned subsidiary of the Company engaged in the mining business. Under the terms of the SSA Agreement, the consideration for the sale of the entire issued and paid-up share capital of CSB shall be satisfied in full by the payment of Malaysia Ringgit MYR 500,000.

The Company has been undergoing a restructuring exercise to shift its focus towards renewable energy and sustainability development with the world faced with challenges of climate change and environmental dehydration. The disposition of the mining business via the sale of the entire issued and paid-up share capital of CSB is in line with the Company's restructuring effort to focus on renewable energy and sustainability.

**<u>Item 9.01 Financial Statements and Exhibits</u>**

[The Share Sale Agreement is attached hereto as Exhibit 10.](vrdr_ex10.htm)

**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 |
| President and CEO |

---

Date: March 13, 2023<br>

## Ex-10

**EXHIBIT 10**

![](vrdr_ex10img1.jpg)

![](vrdr_ex10img2.jpg)

![](vrdr_ex10img3.jpg)

![](vrdr_ex10img4.jpg)

![](vrdr_ex10img5.jpg)

![](vrdr_ex10img6.jpg)

![](vrdr_ex10img7.jpg)

![](vrdr_ex10img8.jpg)

![](vrdr_ex10img9.jpg)

![](vrdr_ex10img10.jpg)

![](vrdr_ex10img11.jpg)

![](vrdr_ex10img12.jpg)

![](vrdr_ex10img13.jpg)

![](vrdr_ex10img14.jpg)

![](vrdr_ex10img15.jpg)

![](vrdr_ex10img16.jpg)

![](vrdr_ex10img17.jpg)

![](vrdr_ex10img18.jpg)