AgriMarine Holdings Provides Operational Update

AgriMarine Holdings Inc. (the “Company” or “AgriMarine”) announces that its technology subsidiary, AgriMarine Technologies Inc. (“ATI”), has initiated a Pilot Study and evaluation project in Ontario (the “Ontario Project”), involving new floating trough technology for the commercial production of trout. The floating trough model can be deployed in smaller man-made water bodies such as rehabilitated gravel pits. The Ontario Project is located in southern Ontario near consumer markets and will be evaluated and tested over …

December 09, 2014

AgriMarine Completes Installation of its New Tank Design

AgriMarine announces that it has completed the installation of its proprietary semi-closed containment tank technology at its Steelhead farm in Lois Lake, British Columbia. Four (4) AgriMarine System™ tanks have been installed and have been commissioned at the Company’s West Coast Fishculture (Lois Lake) fish rearing facility. The Company announces that one (1) Version 1.2 and three (3) Version 2 tanks are now operational. Version 2 of the AgriMarine System™ features a more robust design, …

November 06, 2014

AgriMarine Announces Credit Facility of $4.359 Million with Dundee Agricultural Corp.

AgriMarine is pleased to announce that it has entered into an agreement for a draw down credit facility from Dundee Agricultural Corporation (the “Lender”) in the amount of up to $4,359,000 (the “Facility”). Funds drawn will bear interest at a rate of 12.68% per annum calculated pro rata as to the date of such advance. The Facility will mature one year from the date of issue and is secured by all of the assets of …

October 30, 2014

AgriMarine System™ Floating Semi-Closed Containment Tanks on Vimeo.