Verde Potash Reports Third Quarter Financial and Operating Results

- November 17th, 2015

Verde Potash (TSX:NPK) reported its financial and operational results for the third quarter for the period ended September 30, which showed a working capital surplus of $4,298,000.

Verde Potash (TSX:NPK) reported its financial and operational results for the  third quarter for the period ended September 30, which showed a working capital surplus of $4,298,000.
As quoted in the press release:

At September 30, 2015, the Group had current assets of $4,562,000 and current liabilities of $264,000 providing a working capital surplus of $4,298,000.
Set out below is the Company’s corporate governance disclosure related to its gender diversity policies, as required by National Instrument 58-101. This disclosure was erroneously omitted from the Company’s management information circular in respect of its 2015 annual and special shareholder meeting.
The Group does not have a formal policy with respect to the identification and nomination of female directors or executive management, or adopted targets for the representation of women on the Board or in executive management. While diversity is one issue of importance, the Board believes that the key to effective leadership is to choose directors and executive management that, having regard to a wide array of factors, possess the range of necessary independence, skills, experience, commitment and qualifications that are best suited to fostering effective leadership and decision making at the Company. Full disclosure of the Company’s corporate governance policies with respect to gender diversity can be found in the Group’s recently filed MD&A for the quarter ended September 30, 2015 (click here for the SEDAR filing of the Group’s MD&A).

Click here to read the full Verde Potash (TSX:NPK) press release.

 

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