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After just over a year in the position, Arne Kristian Hoset will leave his position as CFO at Norcod at the end of June.

04 Apr 2024

2 min read

Arne Kristian Hoset had been at the helm of finance at the Norwegian cod-farming company for a year.

The strong demand for farmed cod globally means that Norcod needs to raise capital again to be able to increase its biomass and expand.

Finance

Norcod continues to raise capital

Marta Negrete

26 Mar 2024

3 min read

Following the success of its last private placement, the Norwegian cod producer is launching a new offer aimed at shareholders who were unable to participate.

Aquaculture

Norcod completes a private placement of NOK 170 million

Rocio Álvarez Jiménez

01 Mar 2024

1 min read

Also, Nova Scotia-based High Liner Foods is investing USD 5 million (around NOK 52,5 million) and will receive an approximately 10% share ownership.

The strong long-term market outlook for farmed cod is encouraging investors who, ahead of the launch, have already secured the minimums of Norcod's next private placement.

Finance

Norcod secures the minimums of its next private placement

Marta Negrete

27 Feb 2024

4 min read

An unknown "high-quality long-term industrial investor" has joined the current largest shareholders, and together, they cover NOK 124.9 million of the target amount, which ranges between NOK 100 and 1 ...