FRISCO, TEXAS - (NewMediaWire) - April 28, 2021 - Verde Bio Holdings, Inc. (OTC: VBHI), filed
a 253(g) Supplement with the U.S. Securities & Exchange Commission on Wednesday April 28,
2021 which erroneously stated that the number of shares being offered under the
Regulation A offering was being increased to 10,000,000,000 shares. A
subsequent 253(g) Supplement was filed correcting this error. The correct number of shares being offered is
one billion (1,000,000,000) at the price of $0.01 per share pursuant the Regulation
A offering.
Once all of the one
billion shares are sold, the offering will close. Verde Bio Holdings, Inc. regrets any
confusion which this erroneous filing may have caused.
“With the recent announcement of settlement of
all debt, the Company is moving forward with a strong balance sheet providing a
much more stable foundation for growth, value creation and financial
flexibility,” said Scott Cox, Verde CEO. “The Reg A+ capital raise has been
incredibly successful. We are poised to
grow greatly in the coming months.”
“We are excited to be debt free. The Reg A+
cap raise has allowed us to reach this amazing milestone in just a little over
a year. With no debt, a pipeline full of deals and growth capital, we are
poised to grow tremendously over the next few months,” Mr. Cox said.
“We are building a highly diversified
portfolio of revenue producing interests and look forward to continuing to
build on these through future strategic acquisitions,” Mr. Cox concluded. “Our shareholders are truly important to us
and we apologize for problems this filing caused.”
About Verde Bio Holdings, Inc.
Verde Bio Holdings, Inc. (OTC: VBHI), is a
growing U.S. Energy Company based in Frisco, Texas, engaged in the acquisition
and development of high-growth mineral rights and select non-operated working
interests in premier US basins. Verde currently owns producing mineral, royalty
and over-riding royalty interests in the DJ Basin of Colorado and Wyoming, the
Haynesville Shale of Louisiana, the Anadarko Basin of Oklahoma, the Delaware
and Permian Basin of Texas and the Marcellus and Utica shales in West Virginia.
The Company is focused on providing strong shareholder returns through asset
growth generated by our acquisitions of revenue producing assets.
Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995:
Statements in this press release that are not
strictly historical are “forward-looking” statements within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements involve a high
degree of risk and uncertainty, are predictions only and actual events or
results may differ materially from those projected in such forward-looking statements.
Factors that could cause or contribute to differences include the uncertainty
regarding viability and market acceptance of the Company’s products and
services, the ability to complete software development plans in a timely
manner, changes in relationships with third parties, product mix sold by the
Company and other factors described in the Company’s most recent periodic
filings with the Securities and Exchange Commission, including its 2019 Annual
Report on Form 10-K and quarterly reports on Form 10-Q.
Contact:
Paul Knopick E & E Communications
pknopick@eandecommunications.com
940.262.3584