EarthRenew Announces Long-Term Soil Health Field Demonstration Trial
02 December 2020 - 4:00PM
EarthRenew Inc. (CSE:ERTH) (“EarthRenew” or the “Company”) is
pleased to announce that it has started a long-term soil health
demonstration trial with an agronomist at a farming operation in
west central Saskatchewan in the “dark brown soil zone”. Soils in
the dark brown zone are part of the cooler, wetter mixed grassland
ecoregion and have a higher amount of Soil Organic Matter content,
darker soil color and thicker soil development.
The purpose of the field trial is to demonstrate
the combined effects of EarthRenew’s GrowER and a microbial in a
post-harvest application. We intend for the trial to demonstrate
how our product improves crop yield, neutralizes soil acidity,
increases soil organic matter and increases per acre farmer
profitability.
EarthRenew requires production scale field
trials to understand product market-fit, including product
handleability and to validate historical data on GrowER’s ability
to increase overall soil health. 1.6 tonnes per acre of GrowER
product was applied on a 20-acre demonstration plot by a
third-party custom spreading operator. An adjacent control
comparison plot was treated with microbial treatment but no
EarthRenew treatment.
We intend to measure soil health response by
comparing the results of a Haney soil test that was completed after
harvest in 2020 to the results of a Haney soil test that will be
completed after the 2021 growing season. The Haney soil test uses
unique soil extracts in the lab to determine what quantity of soil
nutrients are available to soil microbes. Our goal is to show a
measurable improvement in a producer’s profit-per-acre as compared
to the control plot, along with a marked difference in soil water
holding capacity.
EarthRenew’s CEO, Keith Driver, commented, “We
are very excited to start our next stages of demonstration trials.
Building on the results from our work in the 2020 growing season,
we intend to expand the scope of our trials and capitalize on the
benefits that our products can generate.”
About EarthRenew Inc.
EarthRenew’s mission is to support a farm system
that puts healthy soils and grower profitability back on the table.
EarthRenew transforms livestock waste into a
high-performance organic fertilizer to be used by organic and
traditional growers in Canada and the United States. Located on a
25,000 head cattle feedlot, our flagship Strathmore plant is
capable of producing up to four MW per hour of low-cost electricity
powered by a natural gas fired turbine. The exhausted heat from the
turbine is used to convert manure into certified organic
fertilizer. EarthRenew stock is listed on the CSE under symbol
“ERTH”.
Please visit our Company website at
www.earthrenew.ca.
For additional information, please contact:
Keith DriverCEO of EarthRenewPhone: (403)
860-8623E-mail: kdriver@earthrenew.ca
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 our long-term soil health
demonstration trial in Saskatchewan, including its anticipated
benefits, future trials, the business and operations 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 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; 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.
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