03:26:28 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



AgriMarine Holdings Inc (2)
Symbol FSH
Shares Issued 7,217,147
Close 2014-10-28 C$ 0.11
Market Cap C$ 793,886
Recent Sedar Documents

AgriMarine arranges $4.35-million loan with Dundee

2014-10-30 09:35 ET - News Release

Mr. Sean Wilton reports

AGRIMARINE ANNOUNCES CREDIT FACILITY OF $4.359 MILLION WITH DUNDEE AGRICULTURAL CORP.

AgriMarine Holdings Inc. has entered into an agreement for a drawdown credit facility from Dundee Agricultural Corp. in the amount of up to $4,359,000.

Funds drawn will bear interest at a rate of 12.68 per cent per year 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 the company and its subsidiaries. No finders' fees were paid in connection with the facility.

Funds drawn under the facility will be used for the expansion of operations at the company's fish production facilities in Canada and China and for general working capital.

We seek Safe Harbor.

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