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Kingfish producer Clean Seas will raise up to $20 million in Oslo listing; Hofseth takes stake

The Australian company Clean Seas will use the money to pay off debt and grow; Hofseth ownership stake will come with market access help. ....

Clean Seas , சுத்தமான கடல்கள் ,

Oslo listing for Australian yellowtail kingfish farmer Clean Seas


Oslo listing for Australian yellowtail kingfish farmer Clean Seas
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Clean Seas Seafood Limited requested an immediate halt to the trading of the company’s ordinary shares quoted on the Australian Securities Exchange (ASX) on 3 May, 2021, in anticipation of announcing a listing on Oslo’s Euronext Growth market.
Headquartered at its processing facility in Royal Park in Adelaide, South Australia, Clean Seas is the largest producer of farmed yellowtail kingfish outside of Japan. Its hatchery is at Arno Bay and its fish farms are at Port Lincoln, both on the Eyre Peninsula of South Australia.
In a statement and in accordance with Australian financial regulations, the Australian yellowtail kingfish ( ....

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Australian kingfish farmer Clean Seas to list on Oslo Stock Exchange


Clean Seas is the largest producer of yellowtail kingfish outside Japan, according to analysts at Sparebank 1 Markets, who are set to arrange a presentation of the company on May 4. It joins land-based producer The Kingfish Company, which also has a listing on the Euronext Growth market.
Clean Seas saw sales volumes continue to climb in the first half of its 2021 financial year, thanks to channel and market diversification and an easing of lockdown restrictions, it reported in February.
Total sales volumes for the six months nudged up 3 percent year on year to 1,444 metric tons, a substantial 42 percent rise over production during the prior six months, which were impacted by issues related to the pandemic. ....

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