April 3, 2019
TORONTO, April 03, 2019 (GLOBE NEWSWIRE) -- EarthRenew Inc. (CSE:ERTH) (“EarthRenew” or the “Company”) is pleased to announce that it has received certification from the Organic Material Review Institute (OMRI) for its new organic fertilizer pellet formula. Under OMRI, EarthRenew's fertilizer product is approved for use in compliance with the USDA National Organic Program and Canada’s Organic Regime, allowing the company to offer certified organic fertilizer pellets to customers in Canada and the United States.
This new fertilizer pellet formulation improves on the original EarthRenew fertilizer formulation derived from thermally treated manure. The new improvement adds biochar to the product to support nutrient retention and bioavailability. The biochar also serves to deodorize the fertilizer making it more user friendly for the home and garden markets.
OMRI is a nonprofit organization that provides an independent review of products, such as fertilizers, pest controls, livestock health care products, and numerous other inputs that are intended for use in certified organic production and processing. OMRI supports organic integrity by developing clear information and guidance about materials so that producers know which products are appropriate for organic operations.
EarthRenew’s organic pellet formulation has also received approval from the Washington State Department of Agriculture as an approved product under the National Organic Program and Commercial Fertilizer Registration in the United States.
EarthRenew continues to expand its organic approval portfolio through ongoing applications with the Canadian Food Inspection Agency (CFIA) and the California Department of Food & Agriculture (CDFA) and anticipates both its organic pellet formulas will be fully certified by Q3 of 2019.
Obtaining CFIA & CDFA certifications will be a major milestone for EarthRenew as it provides certainty to consumers that its organic pellets are safe for humans, plants, animals, and the environment. The guidelines also ensure products are properly labelled to ensure safe and appropriate use.
CEO Keith Driver commented, “Product integrity is a key factor for consumers of organic fertilizer who want to make sure they are protecting their farms and gardens from chemical influence. Continuing to expand our organic certification portfolio is a key component to meet the growing consumer demand for clean, waste derived, organic products and that will enable EarthRenew to sell our products in the high value organic retail markets.”
EarthRenew is a low-cost sustainable power-generation company with a patented production process that converts livestock waste to nutrient-rich, slow-release pelleted organic fertilizer. EarthRenew converts natural gas to electricity from an industrial-sized gas turbine which it intends to capitalize on through various revenue drivers. These include selling surplus electricity to the electrical grid and to cryptocurrency miners which can co-locate on site and to dry manure feedstock to produce high value organic fertilizer. The Company has a commercial scale operation in Strathmore, Alberta.
For additional information, please contact:
CEO of EarthRenew
Phone: (403) 860-8623
Cautionary Note regarding Forward - Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to EarthRenew’s product formulations, product certifications, future retail markets, product distribution and proposed business activity. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of exploration activities; regulatory risks; risks inherent in foreign operations; and other risks of the renewable energy, mining and cryptocurrency industries. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.