Item 5. Market for Registrant’s Common Equity
ITEM
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market
Information
Our
Common Stock is quoted on the OTCQB, under the symbol “VRDR”. Our stock was approved for quotation on the OTCBB on September
26, 2012. However, our Common Stock did not begin active trading until October 2013.
The
following table sets forth the high and low bid prices for our Common Stock per quarter as reported by the OTCQB for the most recent
two (2) fiscal years, based on our fiscal year end June 30, 2025. These prices represent quotations between dealers without adjustment
for retail mark-up, markdown or commission, and may not represent actual transactions.
Fiscal Quarter Ended
High
Low
FISCAL YEAR ENDED JUNE 30, 2024
September 30, 2023
$ 0.43
$ 0.0651
December 31, 2023
$ 0.17
$ 0.0721
March 31, 2024
$ 0.15
$ 0.101
June 30, 2024
$ 0.57
$ 0.105
FISCAL YEAR ENDED JUNE 30, 2025
September 30, 2024
$ 0.37
$ 0.1241
December 31, 2024
$ 0.283
$ 0.1214
March 31, 2025
$ 0.205
$ 0.111
June 30, 2025
$ 0.17
$ 0.0844
As
of October 20, 2025, we had 233 shareholders of record of our Common Stock and 1,269,280,891 shares issued and outstanding.
Dividend
Policy
We
have not paid any cash dividends on our Common Stock and have no present intention of paying any dividends on the shares of our Common
Stock. Our current policy is to retain earnings, if any, for use in our operations and in the development of our business. Our future
dividend policy will be determined from time to time by our board of directors.
Recent
Sales of Unregistered Securities; Use of Proceeds from Registered Securities
We
did not sell any equity securities which were not registered under the Securities Act during the year ended June 30, 2025, that were
not otherwise disclosed on our quarterly reports on Form 10-Q or our current reports on Form 8-K filed during the fiscal year ended June
30, 2025, except the following transaction.
On
May 20, 2025, the Company issued 249,999 restricted shares of its Common Stock for $24,999.90 at $0.10 per share to one U.S. shareholder
and one non-U.S. shareholder.
On
June 1, 2025, the Company issued 1,500,000 shares of the Company’s restricted Common Stock to Sundeo Pty Ltd, an affiliate designated
by C-Twelve, pursuant to the joint development agreement with C-Twelve.
On
June 1, 2025, the Company issued 350,000 restricted shares of the Company’s Common Stock to Karl Strahl, a Director of the Company,
as part of the compensation package in the Director Appointment Agreement that the Company entered into with Karl Strahl on May 1, 2025.
Purchase
of Equity Securities by the Issuer and Affiliated Purchasers
We
did not purchase any of our shares of Common Stock or other securities during the fiscal quarter ended June 30, 2025.
Securities
Authorized for Issuance under Equity Compensation Plans
The
Company does not have any equity compensation plans and no securities are currently authorized for issuance under any such plans.
ITEM
6. [Reserved] .
33
Table of Contents
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.