EARTHRENEW STOCK OPTION GRANT

/DO NOT DISTRIBUTE IN UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES/

CALGARY, Alta., September 13, 2022 /CNW/ – EarthRenew Inc. (CSE: ERTH) (OTCQB: VVIVF) (“EarthRenew” or the “Company”), together with its wholly-owned subsidiary, Replenish Nutrients Ltd. (“Replenish”), announce the granting of stock options under the Company’s stock option plan.

In accordance with the Company’s stock option plan, the Board of Directors approved the granting of 5,570,000 stock options to certain directors, officers, employees and contractors on September 13, 2022. The stock options vest immediately or over two years as stipulated to each beneficiary, expire five years from the date of grant and have an exercise price of $0.16 by stock option.

About nutrient replenishment
Replenish Nutrients provides industry-leading regenerative fertilizer solutions to support an agricultural system that puts healthy soils and grower profitability back on the table. By combining Canadian-sourced nutrients with our proprietary delivery system, we have developed a sustainable alternative to synthetic fertilizers that improves overall soil function and biology while providing valuable plant-available nutrients that farmers rely on for benefits. healthy crops. To learn more about Replenish Nutrients products, visit our website at www.replenishnutrients.com

About EarthRenew Inc.
Replenish Nutrients is a wholly owned subsidiary of EarthRenew Inc. (CSE: ERTH).

Caution Regarding Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the use of the net proceeds of the offering; the closing, timing and size of the offering, including the satisfaction and timing of receipt of all required regulatory approvals; and the satisfaction or waiver of other conditions at the closing of the Offer. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or statements that certain actions, events or results “could”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause the actual results, level of activity, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking information, including but not limited to: business, economic, competitive, geopolitical and social uncertainties; regulatory risks; other energy and fertilizer industry risks and other risk factors disclosed in our public disclosure which can be found under our profile on SEDAR at www.sedar.com. Readers are cautioned that these risk factors should not be construed as exhaustive. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be those anticipated, estimated or expected. 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.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “United States Securities Act”) or any state securities law and may not be offered or sold in United States or to US Persons, unless they are registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

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.

SOURCEEarthRenew Inc.

For further information: Keith Driver, CEO of Replenish Nutrients, +1 (403) 860-8623, Email: [email protected]

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