Shares of AgriMarine Holdings Inc. are listed for trading on the TSX Venture Exchange (“FSH”), and the Frankfurt Exchange (“A2G”). AgriMarine Holdings Inc., together with its subsidiaries, is engaged in the development of proprietary solid-wall containment aquaculture technology (the AgriMarine System™), for sustainable salmon farming in a controlled culture water environment. The Company utilizes its proprietary technology to develop salmon farms in Canada and China.
The Company holds four subsidiaries directly and indirectly, as follows:
AgriMarine Industries Inc. oversees the Company’s farming operations in Canada and technology development. This subsidiary is a Consortium Member of the Middle Bay Demonstration Project along with the Middle Bay Sustainable Aquaculture Institute and the Gordon and Betty Moore Foundation. (see: Middle Bay – Canada).
Benxi AgriMarine Industries Inc. was established as a Wholly Foreign Owned Enterprise (see: “WFOE”) in Benxi, Liaoning Province, China for the commercial application of the AgriMarine System™ technology for rearing salmon.
AgriMarine Aquaculture Technologies (Beijing) Co. Ltd. was established as a Foreign-Invested Commercial Enterprise Entity (“FICE”) in order to provide local support to distributors and expand sales of its fish products in China. This subsidiary functions as an investment arm of the Company for the purposes of identifying business development opportunities and forming strategic relationships to expand farming operations throughout the cold water region of northern China.
AgriMarine Norway AS “AgriNor” – The Company formed a joint venture company, together with ZED Financial Partners of Toronto and Midos AS of Oslo (collectively the “Partners”) under the name AgriMarine Norway AS for the licensing of its technology and know-how throughout Europe.