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News  ›  Benzinga

Verde Closes $2 Million Strategic Investment from Commercial Partner Ergon

Benzinga Logo Benzinga By Prnewswire
Verde Closes $2 Million Strategic Investment from Commercial Partner Ergon

Verde Resources secured a $2 million strategic investment from Ergon Asphalt & Emulsions, following a 10-year exclusive licensing agreement for their BioAsphalt™ technology across North America. The investment validates Verde's innovative carbon-sequestering road materials technology.

Insights
VRDR   positive

Received significant strategic investment, secured long-term licensing agreement, validated technology performance, and gained a major industry partner