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Bullboard - Stock Discussion Forum AgriMarine Holdings Inc AGMHF

GREY:AGMHF - Post Discussion

AgriMarine Holdings Inc > AgriMarine Commences Trading on Canadian Securities Exchange
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Post by kulewater on Apr 25, 2014 1:19am

AgriMarine Commences Trading on Canadian Securities Exchange

 
AgriMarine Commences Trading on Canadian Securities Exchange, Delists from TSXV
 
AgriMarine Holdings Inc. (TSX VENTURE:FSH)(FRANKFURT:A2G) (the "Company" or
"AgriMarine") is pleased to announce that its common shares will commence
trading on the Canadian Securities Exchange (the "CSE") at market open on
Monday, April 28, 2014, under the symbol "FSH".
 
The Company also announces that it will voluntarily delist its common shares
from the TSX Venture Exchange at the close of trading on Friday, April 25, 2014.
 
The Company expects that the transition between the TSXV and the CSE will be
seamless to its shareholders.
 
 
About AgriMarine Holdings Inc.
 
Canadian-based AgriMarine is a producer of sustainable fin fish. The Company
utilizes its proprietary, clean aquaculture technology to create an optimal fish
rearing environment with economic and environmental benefits to meet the growing
demands for healthy and sustainable food sources. The Company's mission is to
build a global portfolio of fish farms utilizing its clean rearing technology.
AgriMarine recently completed the acquisition of West Coast Fishculture (Lois
Lake) Ltd. which is the Company's flagship steelhead farm in British Columbia.
AgriMarine also owns and operates a salmon and trout farm in China. Both farms
are wholly-owned subsidiaries of AgriMarine Industries Inc.
Comment by kulewater on Apr 25, 2014 1:21am
Gotta love the way they spin this.  Wonder if they were served notice by the TSX-V due to lack of liquidity and capitalization structure. Either way not good news for this company that seems to have made the worst of a good opportunity. Just my opinion of course.
Comment by nicknat on Apr 25, 2014 9:18am
The Ned Goodman effect.  One of many companies that will run from TSX for the less onerous exchange.  Part of a trend and a good move.  Costs less and is company friendly in comparison to TSX.  Lawyers will earn less and companies will run leaner while liquidity will remain same as all online brokers will opt to service this exchange.  
Comment by kulewater on Sep 17, 2014 12:06pm
Same ole same ole here. Dundee really bought themselves a quagmire with this one. Shame..  Just my DD.
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