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EarthRenew ( (TSE:ERTH) ) has shared an update.
Replenish Nutrients has secured $1.15 million in debt financing to complete upgrades at its Beiseker granulation facility, enabling production of up to 25,000 metric tonnes of granulated fertilizer annually. The enhancements are set to align with the spring planting season, vital for revenue generation, and are expected to result in positive EBITDA and operating cash flow. The financing reflects confidence in Replenish’s regenerative fertilizer products and supports future projects, including new facilities, furthering its mission to expand in high-demand markets.
More about EarthRenew
Replenish Nutrients Holding Corp. is a leader in regenerative agriculture solutions, offering sustainable fertilizer products. The company focuses on meeting high demand in the sustainable agriculture market, particularly during the critical spring planting season.
YTD Price Performance: -3.33%
Average Trading Volume: 28,338
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.95M
See more data about ERTH stock on TipRanks’ Stock Analysis page.
