Sunshine Agri-Tech Inc.

November 17, 2010 09:00 ET

Sunshine Agri-Tech Inc. Awarded Government Grant by Dalian Economic and Development District

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2010) - Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) ("Sunshine Agri-Tech" or the "Company") is pleased to announce its reception of a government grant award of $280,000 CAD for being the first company within the Dalian Economic and Development District to go public. The award is given to companies which become publicly traded on international exchanges outside of China and are based within this District.

Baojun Zhang, CEO and President of Sunshine Agri-Tech, stated, "We are excited to receive this award as it recognizes the achievement of an important corporate development and a significant milestone in our short public history. We will be able to utilize these funds to further advance our work within the Dalian district. This award is indicative of our Company's drive to reach new markets and remain an innovator within our industry."

About Sunshine Agri-Tech Inc.:

Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) is a public company listed on the TSX Venture exchange. The Company is engaged in the research, development, production and sales of bio-feed, microbial feed additives and related products that aim to improve the health and performance of animals. The Company's line of products include: (a) bio-feed; and, (b) microbial feed additives. The Company currently sells its products throughout China and Japan, and is beginning expansion into Southeast Asia. The Company is based in the city of Dalian in the Peoples Republic of China.

For more information about Sunshine Agri-Tech Inc. please visit our website or call 778-331-2097 for a full corporate profile.

On Behalf of the Board of Directors


Baojun Zhang, PhD, CEO and President

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: results of exploration activities and development of mineral properties, fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing, currency fluctuations, general market and industry conditions and other risks disclosed in the Company's filings with Canadian Securities Regulators.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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