Wednesday, October 8, 2025

Latest

EarthRenew Closes On Acquisition Of Replenish Nutrients

EarthRenew (CSE: ERTH) has officially closed the acquisition of Replenish Nutrients. Announced last night, the closing of the transaction marks a significant milestone for the company.

The closing of the transaction enhances the distribution significantly of EarthRenew’s products. Currently operating at an annualized run rate of $9.9 million in revenues, the transaction also significantly bolsters the topline revenue of EarthRenew, while growing its customer base.

Under the terms of the definitive agreement, EarthRenew acquired Replenish for a total figure of $9.0 million, consisting of both cash and shares. A total of $1.41 million was paid in the form of cash, while the remainder was paid in the form of common shares. A portion of the consideration was also utilized to settle $2.8 million in outstanding loans owed by Replenish.

“We are very pleased to be able to announce the close of this transaction and to move forward with our ambitious plans to grow our newly combined entity. It is the beginning of a new phase for EarthRenew where we plan to significantly scale our production capacity by 10X by expanding by product, volume and geography and transitioning to a cashflow positive business.”

Keith Driver, CEO of EarthRenew

Earn out arrangements are also applicable, with up to $7.0 million in consideration to be paid out based on performance targets through to June 30, 2025.

EarthRenew last traded at $0.34 on the CSE.


FULL DISCLOSURE: EarthRenew Inc is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover EarthRenew Inc on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

EarthRenew Signs LOI With K+S Potash As Part Of Proposed 100,000 Tonne Manufacturing Facility

EarthRenew Inc (CSE: ERTH) this morning had a major announcement, in that it has entered...

Tuesday, May 18, 2021, 08:19:14 AM

EarthRenew Grows Distribution By 6,000 Tonnes Of Fertilizer A Year

EarthRenew Inc (CSE: ERTH) continues to grow its distribution. The company this morning announced that...

Thursday, May 20, 2021, 07:26:15 AM

Earth Renew: Strong Topline Growth Slated For 2021 – The Daily Dive

This morning on the Daily Dive host Cassandra Leah sits down with that Keith Driver,...

Wednesday, February 17, 2021, 01:30:00 PM

EarthRenew Generates $505,097 In Revenue From Electricity Sales In Q1

EarthRenew Inc (CSE: ERTH) this morning released its power production results for the first quarter...

Thursday, May 6, 2021, 07:13:45 AM

EarthRenew Increases Proposed Acquisition Of Replenish Nutrients To 100% Stake

EarthRenew Inc (CSE: ERTH) this morning announced that it has renegotiated the acquisition of Replenish...

Thursday, February 18, 2021, 08:55:12 AM