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Replenish Nutrients lands $15 million strategic investment, carbonatite supply deal

Replenish Nutrients lands $15 million strategic investment, carbonatite supply deal

Replenish Nutrients lands $15 million strategic investment, carbonatite supply deal
Replenish Nutrients lands $15 million strategic investment, carbonatite supply deal Proactive uses images sourced from Shutterstock

Replenish Nutrients Holding Corp (CSE:ERTH, OTC:VVIVF, FRA:7KE) has secured a $15 million strategic investment from SRC Agrominerals to expand its Beiseker fertilizer facility and lock in a long-term supply of carbonatite, a mineral-rich input for its regenerative fertilizer products.

Under the agreement, SRC will invest $7.5 million through the purchase of 50 million units at $0.15 per unit, giving it an initial 19.9% stake in Replenish on a non-diluted basis.

Each unit includes a common share and half of a warrant, with each whole warrant exercisable at $0.225 for four…

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