Proactive - Interviews for investors

Replenish Nutrients secures $1.15M in financing to bolster sustainable fertilizer production

Episode Summary

Replenish Nutrients CEO Neil Wiens joined Steve Darling to share exciting developments with Proactive, announcing the successful closing of $1.15 million in key debt financings. This pivotal funding will enable critical upgrades to the company’s Beiseker granulation facility, positioning it to meet surging demand for sustainable fertilizer solutions ahead of the crucial spring planting season. Wiens highlighted that the upgrades will allow the facility to achieve full operational capacity, producing 20,000–25,000 metric tonnes of granulated fertilizer annually. These enhancements are expected to be completed by early Q2 2025, perfectly timed to capitalize on the spring fertilizer season, a significant revenue-driving period for the company. Replenish Nutrients has already secured purchase orders for the first 6,000 metric tonnes of production, with an average price of $575 per tonne, yielding impressive gross margins of 25%–35%, consistent with prior guidance. With ongoing demand from long-standing customers and distributors, the company anticipates selling the facility’s full annual capacity, ensuring strong EBITDA and positive operating cash flow on a run-rate basis. Beyond the Beiseker facility, this financing milestone provides momentum for Replenish’s broader growth strategy. Future projects include the planned DeBolt and Bethune granulation facilities, aligning with the company’s mission to scale sustainable agriculture and expand its presence in high-demand markets. #proactiveinvestors #replenishnutrientsholdingscorp #cse #erth #otc #vvivf #RegenerativeAgriculture #FertilizerInnovation #SustainableFarming #CropGrowth #NeilWiens #AgricultureNews #Farming2025 #ProactiveInvestors #SustainableSolutions