NATURALSHRIMP INC - SHMP STOCK NEWS

NaturalShrimp, Inc. (OTCQB: SHMP) has successfully closed a registered direct offering of 7,500,000 shares, raising $3,000,000 at a fixed price of $0.40 per share. This offering increases the total capital raised under the current shelf registration to $18 million, with an average share price of $0.525. The funds will be allocated towards previously announced letters of intent and expansion initiatives at the Iowa facility. The securities offered include warrants for 1,100,000 shares at an exercise price of $0.01, with effective registration filed with the SEC.

NaturalShrimp, Inc. (OTCQB: SHMP) will participate in the TRA Marketplace from July 10-12, 2021, in San Antonio, TX. Chef Douwe Iedema will showcase signature NaturalShrimp dishes at Booth #741 during the event. The TRA Marketplace combines a trade show and conference experience, attracting thousands of restaurateurs and industry executives. It features over 500 exhibitors and engaging seminars on the latest trends and technology in the foodservice sector. Industry professionals can RSVP for a spot at the Chef’s Table by contacting Chef Iedema directly.

NaturalShrimp, Inc. (OTCQB: SHMP) has announced its engagement with Lake Street Capital Markets as a Capital Markets advisor. This collaboration aims to support the company's growth strategy in the aquaculture sector, focusing on mergers, acquisitions, and strategic investments. The company anticipates an uplisting to the Nasdaq Stock Market in early Q3 2021. As production ramps up at facilities in Texas and Iowa, NaturalShrimp aims to achieve regular weekly production and expand its capacity through new technologies and equipment.

NaturalShrimp, Inc. (OTCQB: SHMP) is advancing its shrimp production operations in Texas and Iowa. The company has successfully stocked postlarvae shrimp in its Blairsburg, Iowa nursery on March 24, 2021, and transferred them to the Webster City grow-out facility with minimal mortality on May 18-19. Regular weekly production is anticipated to commence in Q4 2021 at the La Coste, Texas facility. NaturalShrimp utilizes patented technology for its shrimp farming, ensuring a sustainable and chemical-free product. A video tour of the Texas facility is available online.

NaturalShrimp, Inc. (OTCQB:SHMP) has finalized a $10 million acquisition of the Intellectual Property (IP) portfolio from F&T Water Solutions, enhancing its leading-edge Recirculating Aquaculture System (RAS) for shrimp. This acquisition consolidates the control over the Electro-Coagulation technology and related patents. CEO Gerald Easterling stated the company now owns the technology applicable to various aquaculture species, with plans to implement it in shrimp operations and license it globally. The company affirms it possesses the most advanced aquaculture system in operation.

NaturalShrimp, Inc. (OTCQB: SHMP) has initiated the transfer of shrimp from its nursery facility in Blairsburg, Iowa, to the grow-out tanks in its Webster City, Iowa production site. This operation marks a significant step in the company’s production strategy, enhancing the management of shrimp growth within controlled environments. The Webster City facility features 240 grow-out tanks, with six now stocked with postlarvae shrimp. This development is aimed at furthering NaturalShrimp's patented RAS technology and expanding their shrimp production capabilities.

NaturalShrimp, a biotechnology aquaculture company, announced the purchase of 20 EC units for its facilities in La Coste, TX and Webster City, IA. A 50% deposit has been made, with the remaining balance due upon completion and shipping. This expansion will enhance operations at both sites to 100% capacity for EC equipment. CEO Gerald Easterling expressed enthusiasm for meeting operational needs, hinting at further updates on production soon. The company specializes in antibiotic-free shrimp farming using patented recirculating aquaculture technology.

NaturalShrimp, Inc. (OTCQB:SHMP) has completed a registered direct offering of 24,545,455 shares, raising $13.5 million at $0.55 per share. GHS Investments, LLC acquired the shares, with proceeds primarily aimed at settling debt from the purchase of Vero Blue Farms' assets. Remaining funds will support ongoing transactions related to letters of intent and expansion projects at NaturalShrimp's Iowa facility. This offering was executed under the effective shelf registration statement (333-253953) filed with the SEC.

NaturalShrimp, Inc. (OTCQB: SHMP) has begun transferring shrimp from nursery to grow-out tanks at its La Coste, Texas production facility. This facility features twenty 2,000-gallon nursery tanks and forty 20,000-gallon grow-out tanks, designed to optimize production space.

The process involves gravity flowing shrimp that have reached the appropriate size from nursery to grow-out tanks, where they will grow until harvest. The company utilizes patented technology for antibiotic-free shrimp production in contained environments, enhancing quality and sustainability.