Replenish Nutrients Announces Strategic Relationship with SRC Agrominerals, including $15 Million Strategic Investment, Beiseker Facility Expansion and Supply Agreement

About this update from Replenish Nutrients Holding Corp.

OKOTOKS, AB, July 20, 2026 /CNW/ -- Replenish Nutrients Holding Corp. (CSE: ERTH) (OTC: VVIVF) ("Replenish" or the "Company") is pleased to announce that it has entered into a securities purchase agreement (the "Investment Agreement") dated July 17, 2026 with SRC Agrominerals ("SRC") to support and accelerate Replenish's near-term growth, including an expansion of the Beiseker facility (the "Beiseker Pelletization Expansion"). Additionally, Mr. Tim Close, the CEO of SRC, and Dr. David Morris, the founder and chairman of Morris Group Canada will join Replenish's Board of Directors as a director and board advisor, respectively, with Dr. Morris being put forth as a director at Replenish's next annual shareholder meeting. Pursuant to the Investment Agreement, SRC will (a) subscribe for 50 million units of the Company (the "Units") at a price of $0.15 per Unit for gross proceeds of $7.5 million (the "Equity Investment"), each Unit will consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"), each Warrant will entitle the holder to acquire one Common Share at an exercise price of $0.225 for a period of four years from closing, and (b) purchase a senior secured (second lien) convertible debenture (the "Debenture") in an aggregate principal amount of $7.5 million (the "Debenture Investment", and together with the Equity Investment, the "Strategic Investment"). The Debenture will bear fixed interest of 10% per annum, payable quarterly, in cash or Common Shares at the Company's election, will mature four years from closing, and will be convertible into Common Shares at a price of $0.225 per Common Share. As part of the Strategic Investment, the parties will enter into a supply agreement (the "Supply Agreement") for the supply and delivery to Replenish of carbonatite, a calcium, phosphorus, trace-mineral and microbial-rich resource used for its soil-enhancing properties, and an investor rights agreement (the "Investor Rights Agreement"), as described below. Highlights: CEO Commentary Neil Wiens, CEO, Replenish Nutrients "This strategic relationship marks a pivotal step in Replenish's growth strategy," said Neil Wiens, CEO of Replenish Nutrients. "SRC's investment gives us the capital to accelerate our Beiseker pelletizing expansion, while our new supply agreement gives Replenis...

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