FY21 Sales Target Exceeded

RNS Number : 2517Q

Harvest Minerals Limited

26 October 2021

 

Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining

26 October 2021

Harvest Minerals Limited ('Harvest' or the 'Company')

KP Fértil® FY21 Sales Target Exceeded

Harvest Minerals Limited, the AIM listed remineraliser producer, is pleased to announce that it has exceeded its total FY21 sales target of 80,000 tonnes of KP Fértil®, over two months ahead of schedule. KP Fértil® is an organic, multi-nutrient, direct application natural remineraliser , produced by the Company from its 100% owned Arapuá Fertiliser Project in Brazil ('Arapuá').

Highlights

· Accumulated sales orders of KP Fértil® of 80,701 tonnes from 1 January to 16 October 2021:

o  104% higher versus the same period in 2020

Brian McMaster, Chairman of Harvest, said: "We are delighted to have exceeded our sales target for the full year of 2021 well ahead of December. This is a great achievement for the team and represents a watershed moment in the Company's development. We expect momentum to remain strong for the rest of this year, and look forward to ending 2021 on a high note and a robust start to 2022."

Review of Operations

During the period 1 January to 16 October 2021, Harvest recorded total sales orders of 80,701 tonnes of its KP Fértil® product, of which 85% (or 68,445 tonnes) has been invoiced and delivered, surpassing the Company's 2021 sales target of 80,000 tonnes. Total accumulated tonnage to 16 October 2021 represents a 104% increase over the total sales of 39,529 tonnes realised in the same period of 2020.

**ENDS**

For further information, please visit  www.harvestminerals.net  or contact:

Harvest Minerals Limited	Brian McMaster (Chairman)	Tel: [phone]
Strand Hanson Limited Nominated & Financial Adviser	James Spinney Ritchie Balmer Abigail Wennington	Tel: [phone]
Shard Capital Partners Broker	Damon Heath	Tel: [phone]
St Brides Partners Ltd Financial PR	I sabel de Salis O onagh Reidy	Tel: [phone]

 

END

 

 

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