15:25:28 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Argo Living Soils Corp
Symbol ARGO
Shares Issued 22,158,001
Close 2024-01-02 C$ 0.135
Market Cap C$ 2,991,330
Recent Sedar Documents

Argo joint venturer installs worm casting operation

2024-01-04 17:42 ET - News Release

Mr. Peter Hoyle reports

UPDATE: ARGO LIVING SOILS CORP. JOINT VENTURE WITH PACIFIC COMPOSTING INC.

Pacific Composting Inc. has completed the installation of Argo Living Soils Corp.'s worm casting operation. As previously announced, the company's facility was originally located on Galiano Island in British Columbia and relocated to Duncan, B.C.

The joint venture is a collaboration between Argo and Pacific Composting, designed to integrate Argo's worm casting operations into Pacific Composting's existing operation and create specialty products such as worm castings that can be further used by Pacific Composting in its product lines.

The joint venture aims to establish several fundamental advantages, including increasing operational efficiencies and a sharing of expertise and proprietary information. The objective is to establish an industry-leading organic soil, marketed initially to the B.C. market.

The company also announces that it has engaged Rain Communications Corp. for marketing services for up to four months commencing on Jan. 4, 2024, and that the term of the marketing services may be extended or shortened at the discretion of management depending on, amongst other things, the efficacy of the marketing services. Rain Communications will create and distribute marketing materials and brochures on behalf of the company to be distributed by mail in Canada with the aim of increasing awareness of the company. Rain Communications is an existing shareholder of the company. The company has agreed to pay Rain Communications a fee of $20,000 (plus GST). The company will not issue any securities to Rain Communications as compensation for its marketing services.

About Argo Living Soils Corp.

The company specializes in producing and developing organic products, including soil amendments, living soils, biofertilizers, vermicompost and compost tea kits formulated specifically for high-value crops. The company's vision and overall business plan are to create an established brand of organic and/or environmentally friendly products. The company was founded in 2018, and its original production facilities were located on Galiano Island, British Columbia.

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