Business
Replenish Nutrients Completes Oversubscribed Private Placement Financing
Replenish Nutrients Holding Corp. (CSE: ERTH) (OTC: VVIVF) ("Replenish" or the "Company"), a leader in regenerative agriculture solutions, is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement of units of the Company ("Units") at a price of $0.08 per Unit for total gross proceeds of $1,484,589, including the Debt Settlement (as defined below) (the "Offering").
About this update from Replenish Nutrients Holding Corp.
[{"type":"text","content":"/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/","length":95,"tagName":"p","attribs":{}},{"type":"text","content":"OKOTOKS, AB, April 24, 2025 /CNW/ - Replenish Nutrients Holding Corp. (CSE: ERTH) (OTC: VVIVF) ("Replenish" or the "Company"), a leader in regenerative agriculture solutions, is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement of units of the Company ("Units") at a price of $0.08 per Unit for total gross proceeds of $1,484,589, including the Debt Settlement (as defined below) (the "Offering").","length":514,"tagName":"p"},{"type":"image","alt":"Replenish Nutrients Logo (CNW Group/Replenish Nutrients Holding Corp.)","displaySize":"","headline":null,"caption":"Replenish Nutrients Logo (CNW Group/Replenish Nutrients Holding Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":338,"height":145,"url":"https://media.zenfs.com/en/cnwgroup.com/63b872a4da0c9ce56a3e246fd33199b5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/d7ZRj0ZURshgqXMF1ba7nw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTI3NTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/63b872a4da0c9ce56a3e246fd33199b5","width":338,"height":145}},"href":"https://mma.prnewswire.com/media/2672044/Replenish_Nutrients_Holding_Corp__Replenish_Nutrients_Completes.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"In connection with the Offering, the Company issued 11,847,262 Units under the first tranche for aggregate gross cash proceeds of $460,000 and 6,710,100 Units under the second tranche for aggregate gross cash proceeds of $434,000. Under both tranches of the Offering, Replenish settled, in the aggregate, approximately $590,000 of debt related to trade accounts payable to certain creditors of the Company (the "Debt Settlement").","length":450,"tagName":"p"},{"type":"text","content":"Pursuant to the Offering, each Unit consisted of one common share of the Company ("Common Share") and one Common Share purchase warrant of the Company ("Warrant"), each whole Warrant entitling the holder to purchase one Common Share at an exercise price of $0.12 per Common Share for a period of two years following the issue date.","length":351,...