Mr. Agustin Aldave reports

AGRINAM ACQUISITION CORPORATION ANNOUNCES YEAR END FINANCIAL RESULTS AND PROVIDES ANNUAL UPDATE

Agrinam Acquisition Corp. has released its financial results as at and for the year ended March 31, 2023. The corporation's audited annual financial statements, along with its management's discussion and analysis, have been filed on SEDAR and may be viewed by shareholders and interested parties under the corporation's profile on SEDAR.

Annual update

As part of its initial public offering, the corporation has undertaken to provide an annual update informing holders of Class A restricted voting shares of the status of identifying and securing a qualifying acquisition. The corporation is currently in the process of identifying specific target business(es) with which to pursue a qualifying acquisition but has not entered into any definitive agreement with respect to a qualifying acquisition as of the date hereof.

About Agrinam Acquisition Corp.

Agrinam is a newly organized special-purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization or any other similar business combination within a specified period of time.

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