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EX-10 - EX 10.1 - VERDE RESOURCES, INC.ex10-1.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 17, 2013

 

VERDE RESOURCES, INC.
(Exact name of registrant as specified in its charter)

 

Nevada

333-170935

27-2448672

(State of Incorporation)

(Commission File No.)

(Tax ID No.)

 

905 Ventura Way

Mill Valley, CA 94941

(Address of principal executive offices)

 

Registrant’s Telephone Number, including area code:  (415) 251-8715

 

_________________________________________
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below).

 

[ ]  Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)).

 


 

 

Section 1 – Registrant’s Business and Operations

Item 1.01   Entry into a Material Definitive Agreement

 

On May 17, 2010, and as amended on February 8, 2012, Verde Resources, Inc. (“the Purchaser, “Verde”) entered into an agreement (the “Mineral Claim Purchase Agreement”) with Gold Explorations, LLC (“the Vendor, “Gold”) under which the Vendor granted the Purchaser 100% interest in certain mineral claims to be paid over a period of five (5) years.

 

On May 17, 2013, the Purchaser entered into an agreement with the Vendor, amending the Purchase Agreement, under which the Vendor granted the Purchaser a reduction in the year three payment of $10,000 due on or before May 17, 2013.  The Vendor granted us to pay $833.33 monthly on the 17th of each month effective for six (6) months, for a total of $5,000.  The remaining $5,000 is to be added to the four years payment, which becomes $15,000.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01   Financial Statements and Exhibits

 

Exhibit 10.1 – Amending Agreement

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

                                                                                    /s/ Stephen Spalding

                                                                                                                                                   

                                                                                    Stephen Spalding, President