Australian Agricultural Projects Ltd Announces Executive Changes

Australian Agricultural Projects Ltd is an Australia-based company that is engaged in the management of managed investment schemes and other investors’ olive groves located in Boort, Victoria. The Company operates in one segment, which is the management and lease of olive orchard assets. This includes the cultivation of olive trees, the harvesting and processing of fruit to oil, the marketing of oil produced as well as related services. The Company’s projects include Victorian Olive Oil Project I and Victorian Olive Oil Project II. Its Victorian Olive Oil Project I has approximately 285 under cultivation and also has various tree types, including Barnea, Frantoio, Picual, Nevadillo Blanco and Picholine. The Victorian Olive Oil Project II covers an area of approximately 108 hectares. Its investment property comprises land located at 1453 Wychitella Quambatook Road, Terrappee Victoria, totaling approximately 517.85 hectares.