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ESGFIRE comments on Replenish Nutrients Agronomic Research Programs update

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Rhea-AI Summary
Replenish Nutrients (ERTH / VVIVF / WIMN) has seen an 80% increase in stock price since its all-time low in November 2023, with a market cap of $12.77 MCAD and a stock price of $0.09 CAD at the time of publication. The company focuses on regenerative agriculture and has provided positive updates on its crop trials, potential government grant, and future development, indicating a promising outlook for investors in 2024.
Positive
  • 80% increase in stock price since November 2023
  • Positive updates on crop trials and potential government grant
  • Promising outlook for investors in 2024
Negative
  • None.

MALMO, Sweden, Dec. 20, 2023 /PRNewswire/ -- 

Company: Replenish Nutrients
Listings: CSE Canada , Frankfurt and US OTC
Tickers: ERTH / VVIVF / WIMN
Market cap at time of publication: $12.77 MCAD
Stock price at time of publication: $0.09 CAD
Business: Regenerative agriculture
Website: https://www.earthrenew.ca/

ESGFIRE comment:

Replenish Nutrients stock price has risen 80 % since its all time low at the end of November 2023. We think this is only the beginning of the companys amends and we believe 2024 will be a year which investors of the company will have many positive updates to look forward to. Today on December 20th the company gave a positive update on its current crop trials in which results from both Turfgrass Market Expansion and Crop Rotation Trial with Farming Smarter will show results early in 2024. These trials could prove a valuable unique selling point towards customers and open up many new markets and applications for Replenish Nutrients products which in turn could increase both revenues and margins already in 2024.

Replenish Nutrients recently gave an update on the development of the $7 million dollar non-dilutive government grant from Emissions Reductions Alberta (ERA). Replenish is submitting follow-up project documentation on an ongoing basis to the ERA. As previously stated by the company , the finalization of the grant is "subject to ERA's financing conditions including due diligence procedures and execution of a final grant contribution agreement." ESGFIRE expects to hopefully receive an update from the company on the finalization of the grant status and financing of the Debolt facility before the end of 2023.

The full company press release on Crop trials can be found HERE:

https://www.marketscreener.com/quote/stock/EARTHRENEW-50340163/news/Replenish-Nutrients-Provides-Update-on-2023-Agronomic-Research-Programs-45603264/

Replenish Nutrients is the largest position of the ESGFIRE portfolio and we remain positive of the company's future development.

About ESGFIRE

ESGFIRE is an investment company and research firm that focuses on ESG companies with either an environmentally friendly service or product. ESGFIRE has a performance record of over 1000 % returns since 2018.

Contact details

Website: www.esgfire.com

Group CEO: Filip Erhardt

Email: Filip@esgfire.com

Telephone:+46701609605

Legal Disclaimer

This post is based upon reliable sources, namely regulated press releases from the company, as referred to above. Nevertheless, this post may contain interpretations, estimates, or opinions of the authors, or other non-factual information. If that is the case, this is continuously stated above. Furthermore, any projections, forecasts, or similar are explicitly stated as such.

The author holds shares and/or other securities of these companies and the relevant companies may or may not have paid the author for content posted on this website. This may impact the content on the website. Because of the above, ESGFire urges the visitors to always analyze all the posts critically in an objective manner, e.g., concerning the reliability of the relevant source and of what constitutes the authors' personal interpretations. The visitor is hereby reminded that the post does, as set forth in the Post, contain interpretations, estimates, or opinions of the authors. This post was written by Filip Erhardt, at ESGFIRE, published on December 20th , 2023.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for educational purposes only and are not to be interpreted as tips, financial advice or recommendations of any kind to either buy or sell any stocks.

CONTACT:

Contact details

Website: www.esgfire.com

Group CEO: Filip Erhardt

Email: Filip@esgfire.com

Telephone:+46701609605

 

 

Cision View original content:https://www.prnewswire.com/news-releases/esgfire-comments-on-replenish-nutrients-agronomic-research-programs-update-302020219.html

SOURCE Earthrenew

FAQ

What is the current stock price of Replenish Nutrients (ERTH / VVIVF / WIMN)?

The current stock price of Replenish Nutrients is $0.09 CAD.

What is the market cap of Replenish Nutrients (ERTH / VVIVF / WIMN)?

The market cap of Replenish Nutrients is $12.77 MCAD.

What is the business focus of Replenish Nutrients (ERTH / VVIVF / WIMN)?

Replenish Nutrients focuses on regenerative agriculture.

What updates has Replenish Nutrients provided on its crop trials?

Replenish Nutrients has provided positive updates on its crop trials, indicating potential new markets and applications for its products.

What is the status of the $7 million dollar non-dilutive government grant from Emissions Reductions Alberta (ERA) for Replenish Nutrients?

Replenish Nutrients is submitting follow-up project documentation to ERA and expects updates on the finalization of the grant status and financing of the Debolt facility before the end of 2023.

Replenish Nutrients Holding Corp.

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