AGI Announces Third Quarter 2016 Results And Dividends; Announcement Of Strategic Acquisition

Winnipeg, MB, November 10, 2016 – Ag Growth International Inc. (TSX: AFN) (“AGI” or the “Company”) today announced its financial results for the three and nine-month periods ended September 30, 2016, and declared dividends for December 2016, January 2017 and February 2017. 

Agreement to Acquire Yargus Manufacturing, Inc.

AGI is pleased to announce it has entered into an agreement to acquire 100% of the outstanding shares of Yargus Manufacturing, Inc. (“Yargus”). Based in Marshall, Illinois, Yargus is a manufacturer of material handling equipment used primarily in commercial fertilizer applications. Yargus is recognized for its custom design and manufacturing expertise, and its product offering, sold under the brand name Layco, includes tower blender systems, batch blending systems, control systems, in-plant receiving, automated coating systems, conditioners/delumpers, performance mixers, declining weight/volumetric blend systems, and conveyor systems.  

MD&A and Financial Statements

AGI's financial statements and MD&A for the three and nine-month periods ended September 30, 2016 can be obtained at http://media3.marketwire.com/docs/1076000P2.pdf and will also be available electronically on SEDAR (www.sedar.com) and on AGI's website (www.aggrowth.com).

Conference Call

Management will hold a conference call on Thursday, November 10, 2016, at 8:00 a.m. EST to discuss its results for the three and nine-month periods ended September 30, 2016. To participate in the conference call, please dial 1-866-696-5910 or for local access dial 416-340-2217, and enter passcode 7816783. An audio replay of the call will be available for seven days. To access the audio replay, please dial 1-800-408-3053 or for local access dial 905-694-9451. Please quote passcode 9524275 for the audio replay.