Replenish Nutrients Secures $5.6 Million Financing and Expands Distribution Network to Drive 2025 Growth

Financing Highlights

Replenish Nutrients solutions, have secured a successful procurement of approximately $5.6 million in new financing alongside strategic distribution agreements that position the Company for accelerated growth. The financing – which includes a significant non-dilutive debt component and an equity raise of roughly $1.5 million – enables Replenish to complete critical upgrades at its Beiseker production facility and provides working capital to purchase inventory for fulfilling strong customer demand (approximately 2,000 tonnes of product per month) as the facility ramps up. In addition, Replenish is reinforcing its market presence through a long-term distribution deal with Parrish & Heimbecker (P&H) and a new partnership with Glacier Consulting Group to expand the Company’s high-margin lawn and garden product line, Replenish1.

Key Highlights Strategic Initiatives and Growth Prospects

Successful $5.6M Funding Secured
Replenish has raised a total of approximately $5.6 million in recent debt and equity financings, despite challenging market conditions. This includes an expanded non-dilutive debt financing (a new revolving credit facility and a receivables factoring loan) and about $1.5 million in equity capital through a private placement. The funding strengthens the Company’s balance sheet without heavily diluting shareholders and demonstrates investor confidence in Replenish’s business model.

Beiseker Facility Upgrades Fully Funded
The new capital ensures completion of final upgrades at the Company’s Beiseker granulation facility, which is on track to reach full operational capacity by mid-2025. Upon completion, Beiseker is expected to produce approximately 20,000–25,000 metric tonnes of regenerative fertilizer annually (about 2,000 tonnes per month). The financing will also provide working capital to purchase raw materials and inventory needed to fulfill existing purchase orders – totaling 6,000+ tonnes of product – and to support ongoing monthly production at capacity.

Parrish & Heimbecker 6-Year Distribution Deal
Replenish confirms its six-year distribution agreement with Parrish & Heimbecker Ltd. (P&H), one of Canada’s largest grain and fertilizer companies, which gives P&H the rights to distribute Replenish’s regenerative fertilizer products across 30 facilities in Western Canada. This partnership is expected to significantly expand Replenish’s market reach for both its blended and granulated fertilizer products. Fulfillment under the P&H agreement is slated to begin in late 2025, once the Beiseker facility is fully commissioned and product output scales up to meet P&H’s distribution demand.

New 5-Year Deal for Lawn & Garden Products
The Company has entered a five-year distribution agreement with Glacier Consulting Group to spearhead sales of Replenish’s consumer-facing Replenish1 lawn and garden fertilizer brand. Through this partnership, Replenish1 products have secured new placements with Evergro (a prominent lawn and garden product distributor) and multiple independent lawn & garden centers. This lawn and garden segment carries gross margins above 40%, substantially higher than traditional agriculture fertilizer products, which is expected to enhance the Company’s overall profitability as this segment grows.

Financing Fuels Completion of Facility Upgrades

The recently secured financing package provides Replenish Nutrients with the capital needed to complete the final upgrades at the Beiseker granulation facility and ramp up production. The debt component includes a new $2.5 million revolving credit facility and a $200,000 receivables factoring loan, both of which are non-dilutive and carry terms favorable to the Company (interest-only payments, secured by assets). These debt facilities complement an equity financing of approximately $1.5 million (a non-brokered private placement of units to existing investors and strategic partners, including the settlement of about $590,000 in trade payables for equity).

Together, these financings – totaling roughly $5.6 million – fortify the Company’s working capital position. In particular, the funds will enable procurement of key inventory (raw nutrients and materials) required to operate the Beiseker plant at full capacity and fulfill current and upcoming orders. Notably, achieving this financing milestone in the current market environment underscores the strong support for Replenish’s vision; management navigated a difficult capital market to secure the equity portion, reflecting confidence in the Company’s growth prospects and regenerative fertilizer solutions.

“This financing underscores the market’s confidence in our innovative regenerative fertilizer products and operational strategy,” said Neil Wiens, CEO of Replenish Nutrients. “With the Beiseker facility upgrades nearing completion and new distribution partnerships in place, we are poised to drive meaningful revenue and margin growth. These investments will allow us to support farmers and consumers alike with sustainable, effective solutions as we scale up production.”

Beiseker Facility on Track for 2,000 Tonnes/Month Production

With funding in hand, Replenish is finalizing the upgrades to its Beiseker granulation facility and remains on schedule to commission the plant at full capacity in the coming weeks. The Company expects full-scale granulated fertilizer production to reach approximately 2,000 metric tonnes per month by late Q2 2025, in time for the peak growing season. This capacity equates to 20,000–25,000 tonnes annually of high-quality, soil-regenerating fertilizer.

All major interior construction at Beiseker has now been completed, and final automation systems and exterior work are being wrapped up. Once operational, the upgraded facility will markedly increase Replenish’s production volumes and revenue-generating ability. The Company has already secured purchase commitments for the first 6,000 tonnes of output from Beiseker (approximately three months of production at full capacity), at an average selling price of about $575 per tonne. This initial order book confirms robust demand and will translate to healthy gross margins in the 25–35% range for those sales, in line with previous guidance. Management anticipates that ongoing demand from longstanding customers and distributors will allow the facility to sell its full capacity on an ongoing basis, which would unlock positive EBITDA and operating cash flow on an annualized run-rate basis going forward.

Importantly, the upgraded Beiseker plant not only boosts near-term revenue but also validates the Company’s strategy of shifting its sales mix toward higher-margin, value-added granulated products. By replacing lower-margin blended fertilizer volumes with its proprietary granulated formulations, Replenish is expected to realize stronger overall margins and improved scalability. The successful ramp-up at Beiseker will also serve as a blueprint for future expansion projects, including the planned DeBolt (Alberta) and Bethune (Saskatchewan) granulation facilities slated for development as market conditions allow.