NaturalShrimp Inc. announced it will expand production at its existing Texas and Iowa shrimp production facilities, and with new planned facilities in Florida and Nevada. NaturalShrimp will begin construction of a new shrimp production building on its 37-acre property in La Coste, TX in the first quarter of 2022. The new 80,000 square foot building will be approximately twice the size of the current existing production building of 40,000 square feet, enabling the Company to effectively triple the shrimp production output in Texas.

In Iowa, the Company will begin the retrofit of the entire Webster City shrimp production facility based on the successful integration of the Company's technology in a portion of the facility. Future expansion plans will also include the Blairsburg and Buckeye facilities in Iowa. The Company has formed a joint venture with Hydrenesis Inc. to seek economic development funds to build a 240,000 square foot inland shrimp production facility in Florida.

A location has been chosen and the facility is in the final planning stage. Design and construction will proceed after the successful capture of government funds. NaturalShrimp also intends to expand into Las Vegas, Nevada to serve additional markets and increase geographic reach to the West Coast.

A 480,000 square foot mega shrimp production facility is in the early planning stage and construction is expected to begin in the third calendar quarter of 2022.