Verde Potash Announces Results of the 2016 Annual and Special Meeting of Shareholders

TORONTO, ON –(Marketwired – June 16, 2016) – 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)

Antnio 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(TM), Super Greensand(TM) and Alpha.

Contact Information:

For additional information please contact:

Cristiano Veloso

President & Chief Executive Officer

Tel: +55 (31) 3245 0205

verdepotash.com

Iwona Zakrzewski

VP Investor Relations & Corporate Secretary

Tel: +1 (416) 844-7337