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New Zealand Coastal Seafoods Limited ( (AU:NZS) ) has issued an announcement.
New Zealand Coastal Seafoods Limited has secured a $55,000 investment through a Convertible Note subscription, which will bolster its financial position and support strategic initiatives. This capital raise reflects investor confidence in the company’s growth strategy and commitment to sustainable fishing practices, with plans to convert the notes into shares pending shareholder approval.
More about New Zealand Coastal Seafoods Limited
New Zealand Coastal Seafoods Limited (ASX: NZS) is a premium seafood producer and processor, focusing on responsible sourcing of seafood products. The company ensures its products are wild caught, traceable, and sustainably sourced under company-owned fishing licenses. NZS collaborates with Government and Non-Government Organizations to develop significant fisheries in Australia and supplies premium seafood to domestic and international markets.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$3.33M
Find detailed analytics on NZS stock on TipRanks’ Stock Analysis page.