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CALGARY, Alta., August 24, 2022 /CNW/ – EarthRenew Inc. (CSE: ERTH) (OTCQB: VVIVF) (Frankfurt: WIMN) (“EarthRenew” or the “Company”), together with its wholly-owned subsidiary, Replenish Nutrients Ltd. (“Replenish”), are pleased to announce that he has been awarded $162,000 non-dilutive funding from the Canadian Agricultural Partnership (CAP) Value-Added Program.
CAP award supports process design and improvement, engineering and equipment at Replenish’s Beiseker to place.
Gerard PhilpottExecutive Vice President of Corporate Development at Replenish Nutrients, said, “We are delighted to receive this funding from the Canadian Agricultural Partnership. The funding supports and validates the importance of adopting regenerative agriculture through Canada. The Beiseker the facility is being used as a pilot facility to demonstrate and refine treatment technology for larger sites. »
The Canadian Agricultural Partnership is a five-year partnership $3 billion Federal-provincial-territorial investments in agriculture, agri-food and agro-industrial products that began in April 2018. The Canadian Agricultural Partnership represents a federal-provincial investment of $406 million in strategy alberta programs and initiatives based on the agricultural sector. The value-added program emphasizes positioning from Canada agri-food ecosystem to succeed as a global leader in sustainable agriculture.
About nutrient replenishment
Replenish Nutrients provides industry-leading regenerative fertilizer solutions to support an agricultural system that puts healthy soils and grower profitability back on the table. By combining Canadian-sourced nutrients with our proprietary delivery system, we’ve developed a sustainable alternative to synthetic fertilizers that improves overall soil function and biology while providing valuable plant-available nutrients that farmers rely on. healthy crops. To learn more about Replenish Nutrients products, visit our website at www.replenishnutrients.com.
Replenish Nutrients is 100% owned by EarthRenew Inc.
Caution Regarding Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the Offering, such as the intended use of the net proceeds of the First Tranche. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or statements that certain actions, events or results “could”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to differ materially from those expressed or implied by such forward-looking information, including but not limited to: business, economic, competitive, geopolitical and social uncertainties; regulatory risks; and other risks of the energy and fertilizer industries. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “United States Securities Act”) or any state securities law and may not be offered or sold in United States or to US Persons, unless they are registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCEEarthRenew Organics Inc.
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