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Skin Elements Limited (ASX:SKN)

ALERT: Price-sensitive ASX Announcement for SKN
Current share price for SKN : $0.006 0.001 (20%)+
Announcement
Release
9 Jul 2026 9:24AM
Price at Release
$0.005
Full Release
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Summary
Skin Elements Limited has entered into an exclusive distribution agreement with Farmlands Co-Operative Society Limited for the commercialisation of ECO-Nurture, a sustainable bio-stimulant product aimed at providing an alternative to chemical-based agricultural sprays. This agreement marks the company's strategic move into the New Zealand kiwifruit sector, which has been significantly affected by the PSA bacteria. The agreement includes an initial order of 4,000 litres valued at NZ$600,000, with further plans for a national sales agreement pending government authorisation. ECO-Nurture has been validated through extensive testing, showing potential to reduce chemical use in agriculture while supporting healthy plant development.
Key Points
  • Skin Elements partners with Farmlands for distribution of ECO-Nurture in New Zealand.
  • Initial order valued at NZ$600,000 for 4,000 litres.
  • Focus on combating PSA bacteria in the kiwifruit industry.
  • Potential for national sales agreement contingent on government approvals.
  • ECO-Nurture validated as an effective alternative to chemical sprays.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.