AGI Announces Formation of Strategic Review Committee
Ag Growth International Inc. (TSX: AFN) (“AGI” or the “Company”) announces that its Board of Directors has established a Strategic Review Committee (the “SRC”) to oversee a formal review of strategic alternatives available to the Company to maximize shareholder value. The SRC is comprised of Gary Anderson (Chair), George Armoyan and Mick MacBean, all of whom serve as independent directors of AGI.
To support this review process, AGI will engage financial and legal advisors as appropriate. There can be no assurance that this strategic review process will result in any transactions or other outcomes. AGI does not intend to comment further on the process unless or until it determines that disclosure is appropriate or required.
AGI Company Profile
AGI is a provider of the equipment and solutions required to support the efficient storage, transport, and processing of food globally. AGI has manufacturing facilities in Canada, the United States, Brazil, India, France, and Italy and distributes its product worldwide.
