Wide Open Agriculture (ASX:WOA) said it received initial sales and purchase orders of over 5 metric tonnes of lupin protein isolate from global customers, according to a Monday Australian bourse filing.
It received a purchase order from Tarwi, a lupin-focused health food company in Europe, from a Latin American ingredient distributor, with a focus on Argentina and Chile, as well as one from an Australian food manufacturer.
It also made a sale of lupin protein to a Mexican ingredient distributor.
The firm said the new sales will pave the pathway of expansion into new markets, as it targets opportunities in markets like China, Korea, and Southeast Asia.
Its shares surged 64% on market close on Monday.
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