Press Releases

Verde Bio Holdings, Inc. Announces New Acquisition of Mineral and Royalty Interest

--Acquisition Doubles Down on Revenue Producing Interests in DJ Basin of Wyoming Under Best-In-Class Operator EOG-- FRISCO, TX - (NewMediaWire) - May 05, 2021 - Verde Bio Holdings, Inc. (OTC: VBHI), a growing oil and gas Company, today announced that it continues to execute on its business plan of acquiring revenue producing property by adding additional mineral and royalty interests held by a private seller for a purchase price of $431,425 in cash. The interest acquired by Verde is additional interest in the same property the Company previously announced and currently produces approximately $7,000 per month in revenue. Verde is entitled to the cash flow from production attributable to the acquisition beginning on or after May 1, 2021.The interest being acquired covers approximately 38 royalty acres in a 1600-acre drilling unit located in Laramie County, Wyoming and is operated by best-in-class EOG Resources. Currently, there are eight wells producing out of laterals ranging from 10,260 feet to 12,640 in stacked pay from the Niobrara and Codell formations. The transaction represents Verde’s sixth acquisition in the prolific DJ Basin. The Company continues to build a diversified, revenue producing portfolio of high-quality assets. The Company has holdings in Wyoming, Texas, Colorado, West Virginia, Louisiana and Oklahoma. Today’s announcement brings the total number of acquisitions to 14.  Current expected combined revenue from the acquisitions is approximately $58,000 per month or approximately $696,000 on an annualized basis once Verde is in pay status on all properties.  Scott Cox, CEO of Verde, said, “We are excited about adding to the interests already acquired through this acquisition. EOG considers this a premium play and is active in the area with drilling and completion with stacked pay production. This is a great oil producing addition to our portfolio. We are proud to have built a Company which is creative and flexible enough to take advantage of these deals,” Mr. Cox added. “We have great confidence in these assets and EOG, as well as the DJ Basin as a whole in Colorado and Wyoming, and we look forward to jointly benefiting as they continue to operate and develop the resource. We have high hopes for this property and its future.” “Deals like this continue to confirm our business plan of acquiring diversified minerals and royalties and building a portfolio while taking advantage of the historic buyer’s market in the industry currently. We remain focused on executing our business plan and creating long-term value for our shareholders. Through our balanced approach of capital raising and acquisitions, we have begun to build a highly diversified portfolio of revenue producing interests and look forward to continuing to build on these through future strategic acquisitions,” Mr. Cox concluded.  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 U.S. basins. Verde currently owns producing mineral, royalty and over-riding royalty interests in the Denver-Julesburg 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 ...

Verde Bio Holdings, Inc. Explains U.S. Securities & Exchange Commission Filing

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 Communicationspknopick@eandecommunications.com 940.262.3584

Verde Bio Holdings, Inc. Extinguishes All Its Outstanding Debt

FRISCO, TX - (NewMediaWire) - April 27, 2021 - Verde Bio Holdings, Inc. (OTC: VBHI), a growing oil and gas Company, is pleased to announce the full settlement of all its outstanding debt. This includes all convertible debt as well as term loans in a combination of aged, existing debt and strategic new debt which was taken on and utilized to clean up the Company after new management took over in late November 2019. The payoff of these debts stops any further conversion into common stock and was achieved through early, selective conversions, payoffs and a settlement agreement with the largest note holder of Verde. As a result of these actions, all claims against the Company have been released. “As mentioned in our previous press releases, Verde is focused on building a diversified, revenue producing portfolio of high-quality assets. The settlement of all debt allows the Company to move forward with a strong balance sheet with no debt which provides a much more stable foundation for growth, value creation and financial flexibility,” said Scott Cox, Verde CEO. “We are excited to be debt free. The incredibly successful Reg A+ cap raise has allowed us to reach this amazing milestone in just a little over a year. With no debt and a pipeline full of deals, we are poised to grow tremendously over the next few months,” Mr. Cox said.  “This greatly improves our cashflow and allows us to apply capital to funding future growth and expansion of the Company’s asset base, thus increasing Shareholder value tremendously. I would like to thank all the investors, shareholders, and professionals for their trust and patience to build Verde to this point. Growing pains are never pleasant, but the public is beginning to get a glimpse of Verde’s potential as a company. Through our balanced approach of capital raising and acquisitions, 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. 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 Communicationspknopick@eandecommunications.com940.262.3584View the original release on www.newmediawire.com

Verde Bio Holdings, Inc. Announces Acquisition of Permian Basin Mineral and Royalty Interest

--Acquisition Includes Revenue Producing Interests in the Historic Permian Basin of Texas--FRISCO, TX - (NewMediaWire) - April 21, 2021 - Verde Bio Holdings, Inc. (OTC: VBHI), a growing oil and gas Company, today announced that it has closed on the acquisition of revenue producing mineral and royalty interests in the prolific Permian Basin of Texas, held by a private seller for a purchase price of $430,000 in cash. The interest acquired by Verde currently produces approximately $7,000 per month in revenue and Verde is entitled to the cash flow from production attributable to the acquisition beginning on or after April 1, 2021. As mentioned in our previous press releases, the Company continues to build a diversified, revenue producing portfolio of high-quality assets. Today’s announcement brings the total number of acquisitions to thirteen for Verde to date. Current expected combined revenue from the acquisitions is approximately $51,000 per month or more than $610,000 on an annualized basis once the Company is in pay status on all properties. The interest being acquired covers approximately 45 royalty acres and approximately 1,920 total gross acres in Howard County, Texas and is operated by E&P leader, Ovintiv, formerly known as Encana. Ovintiv has a large position in the Permian, specifically in the prolific, oil-rich Midland Basin in Texas where their primary focus is on the development of the Spraberry and Wolfcamp formations. Currently, there are six wells producing in the acreage being acquired with an excellent outlook for more wells on the acreage given Ovintiv’s Capex plans with operating three drilling rigs and two completion crews currently in the area.  Scott Cox, CEO of Verde, said, “We are excited about the interests being acquired through this acquisition. Deals like this in the Permian are rare and this is a great oil producing addition to our portfolio and we are proud to have built a Company which is creative and flexible enough to take advantage of these deals when they become available.” Mr. Cox added: “We have great confidence in these assets, as well as the Permian Basin and we look forward to jointly benefiting as they continue to operate and develop the resource. Ovintiv is an excellent operator and we love that this is one of their core areas. We have high hopes for this property and its future.” “Deals like this continue to confirm our business plan of acquiring diversified minerals and royalties and building a strong portfolio while taking advantage of the historic buyer’s market in the industry currently. We remain focused on executing our business plan and creating long-term value for our shareholders. Through our balanced approach of capital raising and acquisitions, 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.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 ...

Verde Bio Holdings, Inc. Updates with Letter to Shareholders

DEAR SHAREHOLDERS:FRISCO, TX - (NewMediaWire) - April 19, 2021 - Verde Bio Holdings, Inc. (OTC: VBHI) To Our Valued Friends and Shareholders:We hope that you and your families are safe and healthy during these times. We wanted to provide you an update about Verde Bio Holdings:Verde Bio Holdings is executing

Verde Bio Holdings, Inc. Announces New Acquisition of Mineral and Royalty Interest

--Acquisition Includes Revenue Producing Interests in the DJ Basin of Wyoming--Frisco, TX - (NewMediaWire) - April 15, 2021 - Verde Bio Holdings, Inc. (OTC: VBHI), a growing oil and gas Company, today announced that it continues to execute on its business plans of acquiring revenue producing property by adding mineral and

Verde Bio Holdings Chooses MineralWare as its Mineral Management Software

Frisco, TX - (NewMediaWire) - April 13, 2021 - Verde Bio Holdings Inc. is pleased to announce that it has retained MineralWare and will be utilizing its robust software system to manage the acquisitions of minerals, royalties and non-operated working interests.  MineralWare is the leading software platform for managing these
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