Replenish Nutrients Provides Production Update on Beiseker and Crookston Facilities

Beiseker Granulation Facility Advancing to 24-Hour Shifts; Beiseker Colony Pellet Facility Completes First Sales; Crookston Pellet Facility Nearing Commercial Production

OKOTOKS, AB, Oct. 27, 2026 /CNW/ -- Replenish Nutrients Holding Corp. (CSE: ERTH) (OTC: VVIVF) ("Replenish" or the "Company") provides an update on its three fertilizer facilities: the Beiseker granulation facility and the Beiseker Hutterite Colony pellet facility in Alberta, and the licensed Farmers Union pellet facility in Crookston, Minnesota, ahead of investor meetings this week and its third quarter 2026 financial results, expected by the end of November 2026.

Highlights

• Fourth quarter 2026 outlook: fertilizer sales volumes and revenue are expected to increase significantly over the third quarter as Beiseker and the Beiseker Colony ship into the fall season, with an initial contribution from Crookston.
• Beiseker granulation facility: operating one shift with an expanded operating team, moving to 24-hour production by the end of 2026.
• Beiseker Hutterite Colony pellet facility: production increasing; first commercial sales of the Company's patented SuperKS pellet fertilizer completed in October 2026, as guided.
• Crookston pellet facility: commissioning has gone well, low-volume production is underway, and first commercial sales are expected before the end of 2026.
• Beiseker pellet expansion: design, permitting and equipment planning underway for the 150,000 metric tonne facility, with completion targeted for the first quarter of 2028.

Beiseker Granulation Facility

The Beiseker granulation facility is operating one shift with consistent production. The operating team has been expanded and equipment and process improvements are in place. Reaching the facility's design capacity of approximately 2,000 metric tonnes per month requires 24-hour operations, which the Company will begin by the end of 2026, with production at design capacity building through 2027 in line with demand.

Beiseker Hutterite Colony Pellet Facility

Production at the Beiseker Hutterite Colony pellet facility continues to increase, and in October 2026 the facility completed its first commercial sales of the Company's patented SuperKS pellet fertilizer, in line with the Company's guidance for initial sales in the fourth quarter. Volumes will continue to build toward the facility's targeted capacity of approximately 1,600 metric tonnes per month as the Colony gains experience with its two pelletizers. The Colony's commissioning experience has been applied directly at Crookston and will carry into the Company's future pellet facilities, including the Beiseker pellet expansion and potential partnerships with other Hutterite colonies.

Crookston Pellet Facility (Farmers Union)

Commissioning at the Crookston, Minnesota pellet facility, licensed to Farmers Union Enterprises Inc. ("FUE"), has gone well, supported by the Beiseker Colony experience. Low-volume production has begun, and consistent commercial production is expected in the coming weeks, with first commercial sales before the end of 2026. As 2027 will be the facility's first full season, the Company now expects Crookston volumes to build through the 2027 spring application season toward its initial single-shift rate of 50,000 metric tonnes per year, rather than reaching that rate by the end of 2026 as previously expected. The facility can produce approximately 100,000 metric tonnes per year with additional shifts. Crookston is the Company's first U.S. production and, at a scale comparable to the Beiseker pellet expansion, will inform the Company's future pellet facilities.

MJ Ag Solutions Facility

MJ Ag Solutions ("MJ Ag") has completed commissioning of its licensed pellet facility in Northern Alberta. Initial production and sales are targeted for late in the fourth quarter of 2026 as MJ Ag completes its operating team, with modest initial volumes continuing into the first half of 2027.

Beiseker Pellet Expansion

Design, permitting and equipment planning are underway for the 150,000 metric tonne per year Beiseker pellet expansion, with completion targeted for the first quarter of 2028. The Company's equity share is funded by the $15 million strategic investment from SRC Agrominerals, with the balance to come from project debt and government grant financing. Operating experience from the Beiseker Colony and Crookston will support the project's design and a faster commissioning period.

Third and Fourth Quarter 2026 Outlook

As previously disclosed, 2026 is a transition year as the Company shifts from lower-margin blended fertilizer to granulated and pellet fertilizer from its new facilities. Fertilizer sales volumes in the third quarter of 2026 (ended September 30, 2026) were low, and commissioning costs were carried over limited volumes, partially offset by positive gross profit from the Company's Power segment. Production has increased more slowly than originally expected as equipment, processes and logistics were calibrated at the new facilities; the facilities' design capacities are unchanged. Fourth quarter fertilizer sales volumes and revenue are expected to increase significantly over the third quarter as Beiseker and the Beiseker Colony ship into the fall application season and Crookston begins commercial production, with gross margins improving as fixed costs are spread across higher volumes.

Liquidity

Based on preliminary, unaudited figures, the Company ended the third quarter with approximately $3.9 million of cash and $7.4 million of inventory, reflecting the normal seasonal build ahead of the fall application season and the Crookston start-up, and approximately $4.5 million of accounts payable and accrued liabilities. Following the closing of the $15 million strategic investment from SRC Agrominerals in July and August 2026 ($1.0 million of which was applied as a carbonatite prepayment under the SRC supply agreement), the Company repaid its revolving credit facilities in full. The $5.45 million of revolving credit facilities remain undrawn and available, giving the Company approximately $9.4 million of cash and available credit at September 30, 2026, plus inventory that will convert to cash as it is sold through the fall and spring application seasons. Final figures will be reported with the Company's third quarter 2026 financial results.

Investor Meetings

Members of management will be presenting and meeting with investors at Planet MicroCap Toronto 2026, powered by MicroCapClub, from October 27 to 29, 2026. An updated corporate presentation is available on the Company's website at https://replenishnutrients.com/investors/.

CEO Commentary

"Each of our three facilities took an important step forward this fall," said Neil Wiens, CEO of Replenish Nutrients. "Expanding the Beiseker operating team ahead of 24-hour operations, completing the first pellet sales at the Beiseker Colony and bringing Crookston into production are what turn installed capacity into consistent volume and revenue growth. The ramp took longer than we planned, and our third quarter results will show that. The fourth quarter will be significantly stronger, and as we head into spring 2027 with all three facilities producing, our focus is on reliable operations, filling customer orders and lowering unit costs as volumes grow."

About Replenish Nutrients

Replenish Nutrients Holding Corp. (CSE: ERTH) (OTC: VVIVF) manufactures and sells proprietary fertilizer products containing essential macro and micro nutrients and biological material while using a proprietary zero-waste manufacturing process. To learn more about Replenish visit our website at www.replenishnutrients.com.

For additional information, please contact:

Replenish Nutrients Investor Relations
Email: [email protected]

Sophic Capital
Sean Peasgood
Email: [email protected]

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 regarding: the targeted start of 24-hour operations at the Beiseker granulation facility by the end of 2026 and the build of sustained production toward its design capacity of approximately 2,000 metric tonnes per month through 2027; continued production increases at the Beiseker Hutterite Colony pellet facility toward its targeted capacity of approximately 1,600 metric tonnes per month; the expected benefits of the Beiseker Colony commissioning experience for the Crookston facility and future pellet facilities, including the planned Beiseker pellet expansion; the timing of consistent commercial production and first commercial sales at the Crookston facility and the expected build of Crookston volumes through the 2027 spring application season toward its initial single-shift production rate of 50,000 metric tonnes per year and its capability of approximately 100,000 metric tonnes per year with additional shifts; the timing of initial production and sales at the MJ Ag facility and the expected volumes from that facility; the planned capacity, design, permitting and targeted completion of the Beiseker pellet expansion, and the expectation that the Company's equity share is funded by the SRC strategic investment and that the balance will be funded through project debt and government grant financing; the expected timing of the release of the Company's third quarter 2026 financial results; expected fourth quarter 2026 fertilizer sales volumes and revenue relative to the third quarter; the expected improvement in gross margins as production increases; the expected conversion of inventory to cash through the fall and spring application seasons; and the Company's liquidity. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "may", "would", "should", "could", "plans", "expects", "estimates", "forecasts", "intends", "anticipates", "believes", "targets" and similar expressions, including variations thereof and negative forms.

Forward-looking information in this press release is based on a number of assumptions, including: the successful and timely completion of commissioning and ramp-up activities at the Beiseker granulation facility, the Beiseker Hutterite Colony pellet facility, the Crookston facility and the MJ Ag facility; the ability to staff and sustain 24-hour operations at Beiseker and to staff the MJ Ag facility; the performance of FUE and its affiliates, MJ Ag, the Beiseker Hutterite Colony and the Company's other operating partners; weather that permits fall application and deliveries; the availability of project debt financing and government grant funding (such as Emissions Reduction Alberta or equivalent programs) and required permits for the Beiseker pellet expansion on acceptable terms and timing; continued demand for and pricing of the Company's products; the continued availability and cost of key raw materials, including potash, rock phosphate, sulphur, compost and carbonatite; the timely movement of raw materials and products across the Canada–U.S. border; and stable foreign exchange rates.

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: risks associated with commissioning and ramping up new production facilities, including the risk that production rates, timelines or costs are not achieved, noting that the Company has not met several of its previously expected production timelines; the risk that sales volumes, pricing or gross margins are lower than expected, including as a result of customers deferring purchases to spring, early winter weather or product availability; risks related to the design, permitting, equipment delivery and construction of the Beiseker pellet expansion, including the risk that project debt or government grant funding is not obtained on acceptable terms or at all, which could require additional equity financing or delay or change the project; reliance on third-party operators, including FUE and its affiliates, MJ Ag and the Beiseker Hutterite Colony; risks related to raw material availability and cost; cross-border trade, tariff, customs and logistics risks; foreign exchange risk; risks related to the Company's ability to sell the product it produces; the availability of additional capital on acceptable terms; general business, economic, competitive, geopolitical and social uncertainties; regulatory risks; and the other risk factors disclosed in the Company's public disclosure, which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned that the foregoing list of risk factors is not exhaustive.

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 forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by 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.

SOURCE Replenish Nutrients Holding Corp.