Verde Potash Announces Results of the 2016 Annual and Special Meeting of Shareholders

TORONTO, ON--(Marketwired - June 16, 2016) - Verde Potash (TSX: "NPK") ("Verde" or the "Company") held its Annual and Special Meeting ("ASM") of shareholders on Wednesday June 15, 2016 in Toronto, Canada and is pleased to announce that's its shareholders approved all items put before them.

At the ASM, all director nominees were elected as directors of the Company. In addition, shareholders adopted the Directors' Report, the Audited Statement of Accounts and the Auditors' Report for the year ended December 31, 2015 and appointed BDO LLP as auditors of the Company to hold office until the next annual meeting. Shareholders also approved the Company's proposed name change to Verde AgriTech plc. Additional information will be released once the name change is finalized. The results of the vote on election of directors are as follows:

About Verde Potash

Verde Potash is an agri-tech company promoting sustainable and profitable agriculture through the development of its Cerrado Verde Project. Cerrado Verde, located in the heart of Brazil's largest agricultural market, is the source of a potassium-rich deposit from which the Company intends to produce solutions for crop nutrition, crop protection, soil improvement and increased sustainability. The Company's portfolio includes TK47^™, Super Greensand^™ and Alpha.