Mr. Cristiano Veloso reports

VERDE POTASH ANNOUNCES RESULTS OF THE 2016 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Verde Potash PLC held its annual and special meeting (ASM) of shareholders on Wednesday, June 15, 2016, in Toronto, Canada. The company is pleased to announce that is 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 Dec. 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 seen in the table.

ITEM VOTED UPON           VOTING RESULT 
                                    
Election of directors     The nominees proposed by management were elected
nominated in the          by ballot by shareholders, as follows:            
company's management                                                        
information circular                                                        
dated May 4, 2016.                                                         
                                                Votes for    Votes withheld
 
                           Cristiano Veloso      98.48%       1.52%     
                                                (5,268,023)  (81,206)   
                                                                             
                           Getulio Lamartine de                              
                           Paula Fonseca         96.81%       3.19%     
                                                (5,178,373)  (170,856)   
                                                                             
                           Renato Gomes          96.94%       3.06%     
                                                (5,185,364)  (163,865)   
                                                                              
                           Alysson Paulinelli    96.82%       3.18%     
                                                (5,179,373)  (169,856)   
                                                                             
                           Antonio Schettino     98.58%       1.42%     
                                                (5,273,364)  (75,865)