Replenish Nutrients Secures $7.5M Equity Investment from SRC Agrominerals
Replenish Nutrients has closed a $7.5 million equity investment as part of a larger $15 million strategic deal with SRC Agrominerals Sales, granting the latter an initial 19.9% stake in Replenish and board representation rights. The funds will be used for expansion projects, working capital, inventory purchases, debt repayment, and general corporate purposes.
Topics: Board nomination Convertible debenture Equity investment Supply agreement