Investor Letter August 2023
Introducing Mineral-Gro® and all the other brands – Revolutionizing Agriculture and Saving Our Planet
The organic fertilizer with up to 78 chelated minerals is sold under the following brands:
NPK 75, Mineral-Gro®, Micromin®, Liquid TNT® and TORtec Group Corp.
Subject:Veritas Group Limited – Exciting Developments and Updates
Dear Shareholders,
We hope this communication finds you well. We’re delighted to provide you with the most recent updates on the progress of Veritas Group Limited, your investment choice that continues to demonstrate value, innovation, and growth.
Financial Compliance
We have successfully updated and submitted our audit financials, which have been accepted by The Bermuda Stock Exchange. This accomplishment underscores our commitment to transparency and solidifies our status as a reliable, compliant, and promising entity in the global market.
Mineral Gro® Success
Our organic fertilizer product, Mineral Gro®, is achieving remarkable success in its distribution. The strong response from our market demonstrates the increasing demand for sustainable agricultural solutions. We aim to continue enhancing the reach and impact of Mineral Gro®, which we anticipate will fuel significant growth for our company.
Biomass Energy Plans
Our commitment to sustainable and renewable energy remains strong. We are advancing our plans for Biomass energy production, looking forward to the potential of this sustainable resource in reducing our carbon footprint and offering an alternative energy source.
TORTEC Acquisition
In line with our diversified growth strategy, we are in the process of acquiring a US public company, TORtec Group Corporation. Although TORtec is not currently trading, it operates a robust aerial spraying (crop dusting) business. We foresee tremendous synergistic potential between this new acquisition and our existing portfolio, particularly with the distribution of Mineral-Gro®.
Mining Property Acquisition
Adding to our recent acquisitions, we have secured a mining property appraised at a considerable value of $260 million. This acquisition positions us to further broaden our revenue streams and strengthen our asset base.
Share Deposit
We are pleased to announce that we are now capable of depositing shares into broker accounts. This is a significant stride toward enhancing our financial operations, which we believe will enhance the ease and efficiency of transactions for our valued investors like you.
Veritas Group Limited continues to navigate forward with conviction, buoyed by a diverse portfolio and a strong commitment to growth and sustainability. We appreciate your continued support and look forward to sharing our journey with you.
As always, we encourage you to reach out to us if you have any queries or need further information regarding these updates.
Best Regards,
Chief Financial Officer
Veritas Group Limited