Placement Update & Appendix 3B

Agrimin Limited (ASX: AMN) (“Agrimin” or “the Company”) is pleased to confirm that further to the ASX Release dated 16 September 2019, the Company has increased the capital raising by agreeing to issue 15,000,000 ordinary shares pursuant to a placement of shares at $0.55 per share to raise $8,250,000 (before costs) (“Placement”).