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Proximar Seafood AS ( (DE:84Q) ) has issued an update.
Proximar Seafood AS held an extraordinary general meeting where they approved a fully underwritten rights issue to raise NOK 150 million. This move is expected to strengthen the company’s financial position and support its growth initiatives, including amendments to convertible bonds and new share issuances for corporate purposes and a share option program.
More about Proximar Seafood AS
Proximar Seafood is a Norwegian company specializing in land-based salmon farming, with its primary production facility located near Mount Fuji in Japan. The company focuses on producing fresh Atlantic Salmon using high-quality groundwater, aiming to reduce costs and carbon footprint by being close to major fish markets.
Average Trading Volume: 379,194
Current Market Cap: NOK155M
See more insights into 84Q stock on TipRanks’ Stock Analysis page.