Replenish Nutrients Holding Corp (CSE:ERTH, OTC:VVIVF, FRA:7KE) CEO Neil Wiens talked with Proactive about the company's latest financing activities aimed at supporting its licensing-driven growth strategy.
The company has launched a private placement of up to $3 million, with insider participation anticipated.
According to Wiens, the funding is essential to support key licensing partners such as Farmers Union in the U.S. and MJ AG Solutions in Alberta.
Proactive: Welcome back inside our Proactive newsroom. And joining me now is Neil Wiens. He is the CEO of Replenish Nutrients. Neil, it's great to see you again. How are you?
Neil Wiens: I'm wonderful.
Good to have you along. The company has some news about financing, and there's really two parts to this, so I'm going to deal with it in two parts. First off, let's talk about a private placement of up to $3 million. So you're looking for some support from shareholders, and there will also be some insider participation in that as well. Just talk to me a bit about the process you're going to go through.
Yeah. I mean, as most people who are following us are aware, we've had some fairly good news over the past few months, including licensing deals that have taken off. In particular, Farmers Union in the U.S. has increased their timeline to get up and operational. Part of our deal is to make sure that we have inventory ready to support that operation. That's what we're trying to do here—make sure we're ready for Farmers Union to start taking off so we can get that high-margin license value.
Same thing with our partner up in northern Alberta, MJ AG Solutions. He’s getting ready to rock and roll too. Everything’s coming into fruition. It’s great timing because fertilizer prices have gone up, so people are suddenly wanting to buy again.
Absolutely. It sounds like the message you're sending to your followers is that this financing is all about growth for the company, right? These are deals that are already there and ready to go, and you need to provide the product.
That is true. It’s really just about carrying forward with what we’ve already got rolling. I think this really proves that these licensing deals aren't just an MOU or LOI — these are real. We have to get capital to make sure we support that, and this is all about that growth curve.
You also talked in the news release about securing some more financing, and a pretty strategic one as well. Talk to me a little bit about Sorbie Bornholm.
Yeah. They're a unique house out of the UK and California. They like working with small-cap companies, especially ones on the rise. They invest via a sharing agreement. We’ve set a target price, and because we know we’re in a growth stage — even though we’re worth $0.12 or $0.14 today — as time goes on and we carry through on licensing deals, the value increases.
Over the two-year period, we get paid monthly for our shares. If we’re above the target line, I get more dollars per value. It’s a win-win for both Sorbie and us. We bet on ourselves going higher, and they’re fine with paying more if that happens.
Let’s talk about 2026. You’re obviously in a position where you're going to start to see growth from these contracts, but I imagine there’s more ahead in 2026 for the company?
Yes. Part of that financing ensures we have physical dollars to support licensing agreements. Farmers Union and MJ AG are part of our plan, but we’re also talking to a lot of folks who want to build facilities — whether it’s in Saskatchewan, Manitoba or Ontario. We’re trying to ensure we have the engineering and legal pieces to support each licensing deal, so we can stamp and go, and keep expanding our IP.
Quotes have been lightly edited for style and clarity