TORONTO, ON -- (Marketwired) -- 06/16/16

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:

                                                                             
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 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 4th, 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)   
                                                                             
                           Antônio Schettino         98.58%        1.42%     
                                                   (5,273,364)    (75,865)   
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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.

For additional information please contact:
Cristiano Veloso
President & Chief Executive Officer
Tel: +55 (31) 3245 0205
Email: cv@verdepotash.com

www.verdepotash.com

Iwona Zakrzewski
VP Investor Relations & Corporate Secretary
Tel: +1 (416) 844-7337
Email: iz@verdepotash.com