AGI Announces Fourth Quarter 2020 Results; Declares First Quarter 2021 Dividend

Winnipeg, MB, March 16, 2021 – Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) today announced its financial results for the three-months and year ended December 31, 2020.

Please click here for the full press release

Dividend

AGI today announced the declaration of a cash dividend of $0.15 per common share for the first quarter ending March 31, 2021. The dividend is payable on April 15, 2021 to common shareholders of record at the close of business on March 31, 2021. The dividend is an eligible dividend for Canadian income tax purposes. AGI’s current annualized cash dividend rate is $0.60 per share.

MD&A and Financial Statements

AGI's financial statements and management’s discussion and analysis (the “MD&A”) for the three-months and year ended December 31, 2020 can be obtained at https://www.newswire.ca/news-releases/ and will also be available electronically on SEDAR (http://www.sedar.com) and on AGI's website (http://www.aggrowth.com).

Conference Call

Management will hold a conference call on Wednesday March 17, 2021, at 8:00 a.m. EDT to discuss AGI’s results for the three-months and year ended December 31, 2020. To participate in the conference call, please dial 1-888-390-0546 or for local access dial 416-764-8688. An audio replay of the call will be available for seven days. To access the audio replay, please dial 1-888-390-0541 or for local access dial 416-764-8677. Please quote passcode 603219# for the audio replay.

Company Profile

AGI is a leading provider of equipment solutions for agriculture bulk commodities including seed, fertilizer, grain, feed and food processing systems. AGI has manufacturing facilities in Canada, the United States, the United Kingdom, Brazil, France, Italy and India, and distributes its product globally.

Further information can be found in the disclosure documents filed by AGI with the securities regulatory authorities, available at www.sedar.com and on AGI's website www.aggrowth.com.

 

For More Information Contact:

Investor Relations

Jim Rudyk

204-489-1855

investor-relations@aggrowth.com

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