Colletta Jean Rose | News, Sports, Jobs - The Mining Gazette mininggazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mininggazette.com Daily Mail and Mail on Sunday newspapers.
NZ cherry venture announces expansion plans
Deep Creek Fruits NZ LP – a significant New Zealand cherry development – has announced a second capital raise to fund a packhouse and expansion at its Central Otago orchards.
Deep Creek Fruits chairman Michael Ambrose said the offer, in accordance with the Financial Markets Conduct Act 2013, invited wholesale investors to purchase partnership interests in the development which would export cherries to global markets for the first time in 2021/2022.
“I see this as a part of our long-term strategy with a focus on ensuring a sustainable business proposition to enhance investor returns and value,” Mr Ambrose said.