AgriMarine Holdings Inc. Announces Private Placement

November 17, 2010

AgriMarine Holdings Inc. (TSX-V:FSH; FRANKFURT:A2G) (the “

Finder’s fees may be payable in connection with a portion of the private placement, in accordance with TSX Venture Exchange policies. The net proceeds of the private placement will be used by the Company for the stocking of the first tank at Middle Bay and for general corporate purposes.