Replenish Secures $7.5M for Alberta Expansion

Replenish Nutrients Holdings Corp. has finalized a strategic investment agreement with SRC Agrominerals, securing $7.5 million in growth capital. This significant investment is earmarked for the expansion of Replenish's production facilities located in Beiseker, Alberta. The agreement provides flexible capital to accelerate the company's strategic growth initiatives.

The capital infusion will fund the construction of a substantial 150,000-metric-tonne pelletizing facility at the existing Beiseker site. This expansion will also enhance storage, processing, and load-out infrastructure, preparing for future production demands. The facility is anticipated to be operational by the first quarter of 2028.

As part of this collaboration, Replenish Nutrients will benefit from a long-term supply agreement for carbonatite. This mineral-rich resource is vital for Replenish's proprietary regenerative fertilizer products, ensuring a consistent supply of essential components like calcium, phosphorus, and trace minerals. SRC Agrominerals' CEO, Tim Close, will also join Replenish's Board of Directors.