June 23, 2021
TORONTO, June 21, 2021 (GLOBE NEWSWIRE) -- EarthRenew Inc. (CSE: ERTH; OTCQB: VVIVF) (“ EarthRenew ” or the “ Company ”) EarthRenew Inc., a Canadian fertilizer company supporting regenerative agriculture practices, is evaluating the general effects of its products on the soil microbiome of potato fields. This project is a collaboration between EarthRenew, Lethbridge College, and soil functionality analytics firm, BiomeMakers out of West Sacramento, California.
As floods and droughts become more common, farmers, scientists, and conservationists are focused on contributing to the work against climate change. One solution starts in the ground. Healthy soil gives us clean air and water, bountiful crops and forests, productive grazing lands, diverse wildlife, and beautiful landscapes. On the flip side, low-quality soil deprives vegetation and microorganisms of the oxygen they need to grow. By focusing our fertilizer on the soil’s microbiome, we ensure better health for the soil, a more balanced ecosystem, and ultimately, better quality food. This field trial focuses on the specific effect of Replenish Nutrients products on the microbial community structure and the impact on soil functionality. We will also test the impact of the product on yield, grade, and quality of potatoes.
In a separate trial, EarthRenew is also working with an independent research group in Manitoba to provide further evidence of the efficacy of its potato formulation in other regions and soil conditions. This trial, which follows the same design format, will focus on the same outcome parameters as those which we intend to complete in Lethbridge, Alberta.
“Soil organic matter is the most important aspect of healthy soil. Soil organic matter and living organisms provide the foundation for soil to function properly, affecting every aspect of the soil in ways that almost always help crop yield and nutrient density,” explained KeithDriver, CEO of EarthRenew. “These field trials will help us prove the impact of our product on potatoes, a crop grown widely by Western Canadian farmers.”
Final results from this field trial, anticipated in late September 2021, are expected to provide an understanding of the fertilizer’s positive impact on the soil microbiome and will, we anticipate, could lead to a multi-year demonstration trial with industry leaders throughout North America.
Additionally, we are pleased to announce a number of formulations (branded under Replenish Nutrients) have been approved as an input for the production of organic products by Pro-Cert Organic Systems(Pro-Cert) and the Organic Material Research Institute (OMRI). These third-party verified certifications are only awarded to companies with the highest standards of humane animal management and ecological integrity.Certifications ensure that EarthRenew is in compliance with both the requirements of the Canadian Organic Standards (COS) and the United StatesDepartment of Agriculture National Organic Program (NOP).
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Cautionary Note regarding Forward-Looking Information
This press release contains"forward-looking information" within the meaning of applicableCanadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to field trials of our products in Alberta and Manitoba, including the impact of such products on the soil microbiome and the yield, grade and quality of potatoes, the timing of trial results and an anticipated subsequent multi-year demonstration trial, the business, operations and objectives of EarthRenew, and the Company’s ability to execute its business plan. 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 theCompany 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; regulatory risks; and other risks of the energy and fertilizer 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.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.