Replenish Nutrients Holding Corp., a regenerative agriculture solutions company, has announced the successful closing of key debt financings totalling US$1.15 million. This financing milestone supports the final upgrades to the company's Beiseker granulation facility, positioning Replenish to meet the high demand for sustainable fertilizer solutions ahead of the critical spring planting season.
Beiseker facility positioned for accelerated growth
The financing will enable the Beiseker facility to achieve full operational capacity, producing between 20 000 and 25 000 tpy of granulated fertilizer. These upgrades, expected to be completed by early Q225, coincide with the spring fertilizer season, a key revenue-driving period.
The company has already secured purchase orders for the first 6000 t of production at an average price of US$575/t, delivering strong gross margins of 25% - 35% in line with previous disclosures. With consistent demand from long-time customers and distributors, Replenish anticipates selling the facility's full production capacity, unlocking positive EBITDA and operating cash flow on an annualised run-rate basis.
Confidence in Replenish's vision and market position
"This financing underscores the market's confidence in our innovative regenerative fertilizer products and operational strategy," said Neil Wiens, CEO. "With Beiseker's upgrades nearing completion, we are poised to drive meaningful revenue and margin growth while supporting farmers with sustainable and effective solutions."
Replenish's track record of successful field trials and strong market acceptance position the company as a trusted partner in sustainable agriculture.
Growth beyond Beiseker
This strategic financing also provides momentum for future projects, including the planned DeBolt and Bethune granulation facilities. These initiatives align with Replenish's mission to scale sustainable agriculture and expand its footprint in high-demand markets.
Financing details
The US$1.15 million debt financing comprises the following components:
- US$750 000 revolving credit facility: interest-only payments, 1-year term (renewable), prime + 12% interest rate, secured by company assets.
- US$250 000 loan: 10% interest, 18-month term (renewable), secured by company assets.
- US$150 000 loan: 10% interest, 6-month term (renewable), secured by company assets.
In connection with the debt financing, the company issued 3 125 000 share purchase warrants at US$0.08 conversion price, expiring 1 January 2027.