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The latest announcement is out from Andfjord Salmon AS ( (DE:50R) ).
Andfjord Salmon has completed registration of a share capital increase tied to the second tranche of a previously announced private placement, adding 5,463,126 new shares to its outstanding stock. Following this issuance, the company’s share capital now totals NOK 107,191,154 divided into 107,191,154 shares with a nominal value of NOK 1 each, strengthening its capital base and potentially supporting further development of its land-based salmon farming operations.
More about Andfjord Salmon AS
Andfjord Salmon Group AS, based on Andøya in Norway’s Arctic Vesterålen archipelago, is developing a land-based salmon aquaculture facility that aims to be among the world’s most sustainable and fish-friendly. Using a proprietary flow-through system that blends features of ocean and land-based farming, the company has reported industry-leading biological performance metrics, including high survival rates, efficient feed conversion, a strong share of superior-quality fish, and low energy use per kilo of salmon produced.
Average Trading Volume: 53,904
Current Market Cap: NOK2.57B
For detailed information about 50R stock, go to TipRanks’ Stock Analysis page.