| SCHEDULE OF CANCELLATIONS OF PREVIOUSLY ISSUED SHARES |
The
following table summarizes cancellations of Common Stock previously issued by the Company during the periods presented.
SCHEDULE
OF CANCELLATIONS OF PREVIOUSLY ISSUED SHARES
| Date | |
Shares
Cancelled (1) | | |
Description |
| 11-27-2024 | |
| 450,000 | | |
Cancellation
of previously issued shares |
| 1-06-2025 | |
| 200,000 | | |
Cancellation of previously
issued shares |
| 4-22-2025 | |
| 150,000 | | |
Cancellation of previously
issued shares |
| | |
| | | |
|
| | |
| 800,000 | | |
|
| |
(1) |
On September 08, 2023, the
Company entered into an agreement to cancel 375,000 shares of Common Stock previously issued to EMGTA LLC on December 31, 2022 at $0.20
per share, with an aggregate value of $75,000, in connection with a service agreement. As of June 30, 2026, the cancellation remains
in process and has not been reflected in the table above. |
|
| SCHEDULE OF STOCK ISSUED |
The
following table summarizes issuances of the Company’s Common Stock to investors during the periods presented.
SCHEDULE
OF STOCK ISSUED
| Date | | |
Shares
Issued | | |
Proceeds | | |
Price
Per Share | | |
Recipient
Group |
| | 7-24-2024 | | |
| 9,199,443 | | |
$ | 888,000 | | |
$ | 0.09-$0.10 | | |
25 investors
(24 U.S., 1 non-U.S.) (1) |
| | 8-9-2024 | | |
| 12,728,888 | | |
$ | 1,264,000 | | |
$ | 0.09-$0.10 | | |
25 investors (24 U.S.,
1 non-U.S.) (1) |
| | 8-26-2024 | | |
| 4,712,221 | | |
$ | 464,000 | | |
$ | 0.09-$0.10 | | |
11 investors (9 U.S.,
2 non-U.S.) (1) |
| | 9-16-2024 | | |
| 572,222 | | |
$ | 55,000 | | |
$ | 0.09-$0.10 | | |
3 U.S. investors |
| | 10-16-2024 | | |
| 800,000 | | |
$ | 80,000 | | |
$ | 0.10 | | |
3 U.S. investors |
| | 1-2-2025 | | |
| 3,277,775 | | |
$ | 320,000 | | |
$ | 0.09-$0.10 | | |
13 U.S. investors |
| | 2-18-2025 | | |
| 3,905,555 | | |
$ | 390,000 | | |
$ | 0.09-$0.10 | | |
9 investors (8 U.S., 1
non-U.S.) |
| | 5-20-2025 | | |
| 249,999 | | |
$ | 25,000 | | |
$ | 0.10 | | |
2 investors (1 U.S., 1
non-U.S.) |
| | 7-1-2025 | | |
| 7,744,445 | | |
$ | 664,000 | | |
$ | 0.08-$0.09 | | |
9 investors (7 U.S., 2
non-U.S.) (2) |
| | 7-28-2025 | | |
| 187,500 | | |
$ | 15,000 | | |
$ | 0.08 | | |
1 U.S. investor |
| | 9-12-2025 | | |
| 5,412,500 | | |
$ | 433,000 | | |
$ | 0.08 | | |
3 non-U.S. investors |
| | 10-31-2025 | | |
| 24,943,876 | | |
$ | 2,000,000 | | |
$ | 0.08 | | |
1 U.S. investors |
| | | | |
| | | |
| | | |
| | | |
|
| | | | |
| 73,734,424 | | |
$ | 6,598,000 | | |
| | | |
|
| (1) | The proceeds for certain shares included in this issuance were received
during the year ended June 30, 2024 and were included in the share issuances for that financial year as the Company had no remaining substantive
performance obligations and the investors were irrevocably committed to the transaction as of the balance sheet date. The total shares
issued relating to these amounted to 21,988,331 shares for total proceeds amount of $2,167,000. |
| (2) | The proceeds for the shares included in this issuance were received during
the year ended June 30, 2025 and were included in the share issuances for that financial year as the Company had no remaining substantive
performance obligations and the investors were irrevocably committed to the transaction as of the balance sheet date. The total shares
issued relating to this amounted to 7,744,445 shares for total proceeds amount of $664,000. |
VERDE
RESOURCES, INC.
NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Stock
issued to employees and directors
The
following table summarizes issuances of the Company’s Common Stock to employees and directors during the periods presented. Refer
to Note 21, Shares Issued to Employees and Directors, for additional information regarding these arrangements.
| Date | |
Recipient | |
Shares
Issued | | |
Reference |
| 8-30-2024 | |
Jeremy P. Concannon | |
| 1,350,000 | | |
Chief Growth Officer |
| 8-30-2024 | |
Eric Bava | |
| 670,000 | | |
Chief Operating Officer |
| 1-3-2025 | |
Hannah Bruehl | |
| 50,000 | | |
Chief of Staff |
| 6-1-2025 | |
Karl Strahl | |
| 350,000 | | |
Director |
| 1-5-2026 | |
Eric Bava | |
| 1,036,269 | | |
Chief Operating Officer |
| 1-5-2026 | |
Hannah Bruehl | |
| 86,355 | | |
Chief of Staff |
| 6-12-2026 | |
Jeremy P. Concannon | |
| 1,350,000 | | |
Chief Growth Officer |
| | |
| |
| 4,892,624 | | |
|
Stock
issued to non-employees
The
following table summarizes issuances of the Company’s Common Stock to non-employees during the periods presented. Refer to Note
21, Shares Issued to Non-employees, for additional information regarding these arrangements.
| Date | |
Recipient | |
Shares
Issued | | |
Reference |
| 7-31-2024 | |
Dr. Nam Tran | |
| 1,000,000 | | |
National Implementation Expert |
| 7-31-2024 | |
Dr. Raymond Powell | |
| 1,000,000 | | |
National Implementation Expert |
| 8-8-2024 | |
Dale Ludwig | |
| 700,000 | | |
Ludwig |
| 1-2-2025 | |
Aegis Ventures Limited | |
| 4,656,550 | | |
AUM Capital Markets Advisory |
| 6-1-2025 | |
Sundeo Pty Ltd | |
| 1,500,000 | | |
C-Twelve |
| 7-1-2025 | |
Dr. Raymond Powell | |
| 1,000,000 | | |
National Implementation Expert |
| 1-5-2026 | |
Dr. Nam Tran | |
| 1,727,115 | | |
National Implementation Expert |
| 1-5-2026 | |
Dale Ludwig | |
| 1,727,115 | | |
Ludwig |
| 2-19-2026 | |
Technologies Apex, LLC | |
| 3,975,155 | | |
Apex |
| 2-19-2026 | |
Christopher David Poorman | |
| 165,631 | | |
Poorman |
| | |
| |
| 17,451,566 | | |
|
|