Frisco, TX - (NewMediaWire) - June 16, 2020 - Verde Bio Holdings, Inc., formerly known as Appiphany Technologies Holdings Corp. (OTCQB: APHDD), is pleased to announce that FINRA has approved a name change and new trading symbol for the Company. Verde’s common stock will continue trading under the symbol “APHDD” for 20 days, until approximately June 22, after which the stock will trade under its new symbol, “VBHI.”
The change of name and symbol coincide with the Company’s pivot into the energy industry. The Company will have a specific focus on acquiring top-tier minerals, royalties and non-operating working interests.
These changes represent the final step in a rebranding effort to reflect the Company’s strategic move into the energy industry. The name change better reflects the Company’s plans to take advantage of historic buy low and sell high opportunities.
Scott Cox, CEO of Verde, commented: “These are very exciting times for our Company. Verde will allow shareholders to participate in the sometimes risky but potentially lucrative markets in a safe, meaningful, and judicious way. We believe that Verde has a large market opportunity and we look forward to growing the Company and creating shareholder value.”
The Company recently announced an Equity Purchase Agreement for $5 million. The proceeds will be provided in tranches and the Company anticipates that the proceeds from the financing will be used for growth capital and to fund the Company’s focused strategy to acquire industry qualified revenue producing assets.
About Verde Bio Holdings, Inc.
Verde Bio Holdings, Inc. is a growing US public company (OTCQB: APHDD/VBHI) focused on the identification, acquisition and active management of revenue producing assets in the energy sector. For more information, visit www.verdebh.com
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 2018 Annual Report on Form 10-K and quarterly reports on Form 10-Q.
Paul Knopick E & E Communications