RLF AgTech Signs Trading Agreement With Rural Distribution Group, Shares Rise 7%

MT Newswires Live
01-16

RLF AgTech (ASX:RLF) signed a strategic trading agreement with National Rural Independent to market and sell its crop nutrition products, according to a Thursday filing with the Australian bourse.

RLF AgTech's range of crop nutrition products will be progressively introduced through the rural distribution group's 152 stores across Australia. The agreement is effective immediately.

RLF AgTech will pay fees and offer rebates as well as marketing support to the group.

The firm's shares rose 7% in recent trading on Thursday.

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