AgriMarine Announces Board Resignation

AgriMarine Holdings Inc. (the “Company” or “AgriMarine”) announces that Mr. Horst Hueniken has resigned from the Board of Directors, effective immediately. Mr. Hueniken was named Chairman of the Board of AgriMarine in 2013 and oversaw the Company’s period of formative growth and transition from R&D to a substantial producer of fin fish in British Columbia with fully developed, commercial-scale floating semi-closed containment technology. The Board of Directors would like to thank Mr. Hueniken for his …

April 21, 2015

AgriMarine Signs Amalgamation Agreement for Going Private Transaction with Dundee Agricultural Corporation

Further to its news release dated March 12, 2015, AgriMarine Holdings Inc. (the “Company” or “AgriMarine”) announces that it has executed a definitive Amalgamation Agreement (the “Agreement”) with a wholly-owned subsidiary (“Newco”) of Dundee Agricultural Corporation (“DAC”) to complete a going private transaction (the “Transaction”). DAC and its parent company, Dundee Corporation, own, or have control or direction over, 103,709,086 common shares representing approximately 94.53% of the Company’s 109,707,900 common shares issued and outstanding. Under the …

April 02, 2015

AgriMarine Holdings Receives Proposal to Privatize

AgriMarine Holdings Inc. (the “Company” or “AgriMarine”) announces that its board of directors (the “Board”) received an unsolicited non-binding proposal from Dundee Agricultural Corporation (“DAC”) to take the Company private (the “Privatization Proposal”). The privatization is proposed to be effected by way of an amalgamation. DAC and its parent company, Dundee Corporation, owns, or has control or direction over, 103,709,086 common shares, representing approximately 94.53% of the Company’s 109,707,900 common shares issued and …

March 12, 2015