STOCK TITAN

ARGO LIVING SOILS CORP - ARLSF STOCK NEWS

Welcome to our dedicated page for ARGO LIVING SOILS news (Ticker: ARLSF), a resource for investors and traders seeking the latest updates and insights on ARGO LIVING SOILS stock.

Argo Living Soils Corp. is a Canadian company specializing in the production and development of organic products, including soil amendments, living soils, biofertilizers, vermicompost, and compost extracts. Founded in 2018, the company aims to create an established brand of organic and environmentally friendly products. Argo has recently signed a Memorandum of Understanding with Connective Global SDN BHD, a Malaysian-based company, to conduct joint research and development of biochar for agricultural and industrial applications. The collaboration seeks to create biochar-enhanced products for distribution in Southeast Asia and the Middle East.

Rhea-AI Summary

Argo Living Soils (CSE: ARGO, OTC: ARLSF) has signed a binding research and development agreement with Malaysian-based Connective Global, replacing their previous non-binding MOU. The agreement includes a C$100,000 R&D budget and the issuance of up to 500,000 common shares to Connective Global. The company has appointed Mr. Lee Kok Onn to its Board of Directors and Dr. Mohamad Amran Bin Mohd Salleh as Special Advisor, strengthening their Southeast Asian presence. The R&D phase, utilizing University Putra Malaysia's facilities, is scheduled until September 2025, with an option for Argo to acquire Connective Global for 2,000,000 common shares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.38%
Tags
none
-
Rhea-AI Summary

Argo Living Soils Corp. (CSE: ARGO, FSE: 94Y, OTC Pink: ARLSF) has announced key updates in its strategic plans and market focus. The company is advancing towards a definitive joint venture agreement with Connective Global SDN BHD to leverage biochar technology for agricultural and industrial applications, supported by research at University Putra Malaysia (UPM). This shift targets lucrative markets in Southeast Asia and the Middle East, where sustainable agricultural solutions are critical. Concurrently, Argo has terminated its joint venture with Pacific Composting Inc. to allocate resources more effectively. Although the definitive joint venture agreement with Connective Global is still under negotiation, the company is optimistic about its strategic direction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
Tags
none
-
Rhea-AI Summary

Argo Living Soils Corp. announced the completion of the first phase of its Memorandum of Understanding (MOU) with Connective Global SDN BHD. Under the MOU, both companies will jointly conduct R&D on biochar at University Putra Malaysia, with the aim of developing biochar-enhanced products for Southeast Asia and the Middle East. Connective Global has secured the research facilities and delivered 20 tonnes of biomass for this purpose. Argo will finance the R&D with CAD$100,000 and issue up to 1 million shares upon meeting performance milestones. Successful outcomes may lead to a commercial production agreement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
none
Rhea-AI Summary

Argo Living Soils Corp. (CSE: ARGO) announces the termination of its license agreement with Canadian AgriChar Inc., along with the resignation of Ken Bowman as a director and officer. The board of directors now consists of Peter Hoyle, Robert Intile, and Hector Diakow. Argo will focus on joint research and development of biochar in Malaysia and continue its collaboration with Pacific Composting Inc. to establish a leading organic soil.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
none
-
Rhea-AI Summary
Argo Living Soils Corp. announces collaboration with Connective Global in Malaysia to conduct research and development of biochar for agricultural and industrial applications. The partnership includes meetings at University Putra Malaysia and aims to transition from research to commercial production of biochar-based agricultural products, promoting a circular economy model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.47%
Tags
none
-
Rhea-AI Summary
Argo Living Soils Corp. (CSE: ARGO) has signed a non-binding MOU with Connective Global SDN BHD to develop biochar for agricultural and industrial applications in Malaysia and Asia. Connective Global will provide research facilities, and Argo will fund CAD$100,000 for R&D. The partnership aims to target markets in the Middle East, Southeast Asia, India, and China, addressing the growing demand for sustainable agricultural products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.85%
Tags
none
Rhea-AI Summary
Argo Living Soils Corp. announces progress towards finalizing a strategic partnership with Connective Global SDN BHD in the organic agricultural solutions sector. The proposed Memorandum of Understanding aims to establish a presence in Southeast Asia and the Middle East by combining Argo's expertise in organic fertilizer products with Connective Global's proficiency in producing organic fertilizers and agricultural products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.37%
Tags
none
-
Rhea-AI Summary
Argo Living Soils Corp. sponsored UBC's Concrete Toboggan Team, achieving third place in a national competition with innovative use of CHAR+ BioChar. A major cement producer is now testing CHAR+ BioChar for environmentally friendly concrete. Argo aims to expand into construction materials market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.56%
Tags
none
-
Rhea-AI Summary
Argo Living Soils Corp. (CSE: ARGO) finalizes a 10-year licensing agreement with Canadian AgriChar Inc. and enters discussions with Connective Global SDN BHD. Argo secures exclusive rights to CAI's biochar products, poised to benefit from the growing organic fertilizer market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
none
Rhea-AI Summary
Argo Living Soils Corp. showcases the versatility of Char+ BioChar in organic food farming, addressing the growing demand for organic products. The organic food market is driven by health consciousness, environmental concerns, governmental support, retailer commitment, increased availability, and educational initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
Tags
none

FAQ

What is the current stock price of ARGO LIVING SOILS (ARLSF)?

The current stock price of ARGO LIVING SOILS (ARLSF) is $0.275 as of October 11, 2024.

What is the market cap of ARGO LIVING SOILS (ARLSF)?

The market cap of ARGO LIVING SOILS (ARLSF) is approximately 2.2M.

What does Argo Living Soils Corp. specialize in?

Argo specializes in producing and developing organic products, such as soil amendments, living soils, biofertilizers, vermicompost, and compost extracts.

When was Argo Living Soils Corp. founded?

Argo Living Soils Corp. was founded in 2018.

What recent partnership has Argo Living Soils Corp. entered into?

Argo has recently signed a Memorandum of Understanding with Connective Global SDN BHD for joint research and development of biochar.

What regions are the biochar-enhanced products developed by Argo and Connective Global tailored for distribution in?

The biochar-enhanced products are intended for distribution in Southeast Asia and the Middle East.

ARGO LIVING SOILS CORP

OTC:ARLSF

ARLSF Rankings

ARLSF Stock Data

2.17M
12.62M
2.8%
Agricultural Inputs
Basic Materials
Link
United States of America
Vancouver