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(R) 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(R), over two months ahead of schedule. KP Fértil(R) is an organic, multi-nutrient, direct application natural remineraliser , produced by the Company from its 100% owned Arapuá Fertiliser Project in Brazil ('Arapuá').


-- Accumulated sales orders of KP Fértil(R) 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(R) 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.


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

 Harvest Minerals Limited   Brian McMaster        Tel: +44 (0) 203 
                             (Chairman)            940 6625 
 Strand Hanson Limited      James Spinney         Tel: +44 (0) 20 
  Nominated & Financial      Ritchie Balmer        7409 3494 
  Adviser                    Abigail Wennington 
 Shard Capital Partners     Damon Heath           Tel: +44 (0) 20 7186 
  Broker                                           9900 
 St Brides Partners Ltd     I sabel de Salis      Tel: +44 (0) 20 7236 
  Financial PR               O onagh Reidy         117 

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(END) Dow Jones Newswires

October 26, 2021 02:00 ET (06:00 GMT)

Harvest Minerals (LSE:HMI)
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