VANCOUVER, BRITISH COLUMBIA — AgriMarine Holdings Inc. is the leader in solid-wall closed-containment technology for sustainable aquaculture. The Company is pleased to announce that its subsidiary, AgriMarine Industries Inc., has signed a four-year agreement with a major California-based food retailer for the supply of Chinook salmon raised at the Middle Bay Sustainable Aquaculture Institute's (MBSAI) Campbell River rearing facility in British Columbia, utilizing AgriMarine's environmentally sustainable rearing system.
The MBSAI project has been the recipient of contributions from AgriMarine, The Gordon and Betty Moore Foundation and Coast Sustainable Trust to support the development of clean technologies that will contribute to the strengthening of the environment. The Middle Bay project has also received contributions from Sustainable Development Technology Canada, a not-for-profit foundation created by the Government of Canada.
About AgriMarine Holdings Inc.
Canadian-based AgriMarine is an aquaculture technology company engaged in the development, commercialization and licensing of proprietary solid-wall closed containment systems for the rearing of finfish. The Company is demonstrating its innovative, clean technology to rear salmon and trout in its farms in China and Canada. The AgriMarine System can be applied worldwide in warm or cold climate conditions, in oceans, reservoirs and lakes.
The AgriMarine System addresses sustainability issues in finfish aquaculture and creates an optimal fish rearing environment. AgriMarine offers a better farm management system with added environmental benefits over net cage rearing practices and meets consumer and retailer demands for sustainable aquaculture.
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Source: AgriMarine Holdings Inc.