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New Zealand Coastal Seafoods Limited ( (AU:NZS) ) has shared an update.
New Zealand Coastal Seafoods Limited has successfully refurbished its vessel, the MV Bluefin, equipping it with advanced technology to optimize its operations in the Coral Sea Fishery. The company has also raised $50,000 through Convertible Note subscriptions and received endorsement from a UK fund manager, indicating potential for future investments. Additionally, the company is undergoing a name change to Eco Fisheries Group Limited and has consolidated its shares, aiming to resume normal trading on the ASX.
More about New Zealand Coastal Seafoods Limited
New Zealand Coastal Seafoods Limited, soon to be renamed Eco Fisheries Group Limited, operates in the seafood industry as a processor, distributor, and exporter of premium seafood products. The company also produces nutraceutical and marine ingredients, focusing on leveraging its significant ownership of Coral Sea Fishery permits to enhance its market position.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.33M
Learn more about NZS stock on TipRanks’ Stock Analysis page.