Verde to participate at the 36th Annual Roth Conference - Seite 3

1. the estimated amount and grade of Mineral Resources and Mineral Reserves;
2. the estimated amount of CO₂ removal per tonne of rock;
   
3. the PFS representing a viable development option for the Project;
   
4. estimates of the capital costs of constructing mine facilities and bringing a mine into production, of sustaining capital and the duration of financing payback periods;
   
5. the estimated amount of future production, both produced and sold;
   
6. timing of disclosure for the PFS and recommendations from the Special Committee;
   
7. the Company’s competitive position in Brazil and demand for potash; and,
   
8. estimates of operating costs and total costs, net cash flow, net present value and economic returns from an operating mine.
   

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "plans", "projects", "estimates", "envisages", "assumes", "intends", "strategy", "goals", "objectives" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements.

All forward-looking statements are based on Verde's or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. The most significant assumptions are set forth above, but generally these assumptions include, but are not limited to:

1. the presence of and continuity of resources and reserves at the Project at estimated grades;
2. the estimation of CO₂ removal based on the chemical and mineralogical composition of assumed resources and reserves;
   
3. the geotechnical and metallurgical characteristics of rock conforming to sampled results; including the quantities of water and the quality of the water that must be diverted or treated during mining operations;
   
4. the capacities and durability of various machinery and equipment;
   
5. the availability of personnel, machinery and equipment at estimated prices and within the estimated delivery times;
   
6. currency exchange rates;
   
7. Super Greensand and K Forte sales prices, market size and exchange rate assumed;
   
8. appropriate discount rates applied to the cash flows in the economic analysis;