Shares Up on R&D Definitive Agreement Between Organic Soil Developer and Distributor

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Monday, October 28, 2024

This company specializes in producing and developing organic products, including soil amendments, living soils, biofertilizers, vermicompost and compost extracts formulated specifically for high-value crops. Shares are trading higher as they look to execute their vision and overall business plan to create an established brand of organic and/or environmentally friendly products. 

Argo Living Soils Corp. (CSE: ARGO) (OTC Pink: ARLSF) announced in a press release today that, in addition to its news releases dated earlier this year, it has signed a binding research and development phase definitive agreement with Malaysian-based Connective Global SDN to establish a strategic partnership. The Definitive Agreement replaces the previously announced non-binding memorandum of understanding with Connective Global.

This Definitive Agreement with Connective Global will strategically position Argo in Southeast Asia, creating a formidable opportunity for growth and expansion. Argo also announced two key appointments that bring significant experience and expertise specific to the biochar market and the region.

The collaboration between Argo and Connective Global has uncovered significant potential for biochar-based products in key markets such as Southeast Asia and the Middle East. Biochar's capacity to rejuvenate and enrich heavily cultivated agricultural soils could substantially enhance food production in these areas.

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