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LAXEY's land-based project has a production goal of 4,500 metric tonnes of salmon in 2025 and has set its sights on 27,000 metric tonnes by 2030.
Salmon

Iceland's LAXEY raises an extra €6 million through private placement

Louisa Gairn
3 min read
The land-based salmon farmer closed a separate private placement in April, which raised €40 million in investments.
Andfjord Salmon CEO Martin Rasmussen, pictured at the Kvalnes build-out site.
Aquaculture

Andfjord Salmon raises $33.6M through a private placement of new shares

Rocio Álvarez Jiménez
1 min read
High Liner Foods Incorporated has invested $10 million for 4.5% share ownership.
Atlantic Sapphire will use the net proceeds from the private placement to support Phase 1 to proven state and for general corporate purposes. The land-based salmon producer is currently constructing its Phase 2 expansion.
Finance

Atlantic Sapphire's new private placement completed in just one day

Marta Negrete
4 min read
The company announced the issuance plans along with its Q4 2023 Operational Update at the close of trading on Thursday and reported completion the following day.
Norcod completes a private placement of NOK 170 million
Aquaculture

Norcod completes a private placement of NOK 170 million

Rocio Álvarez Jiménez
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
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 ...
The merger with Vesterålen Havbruk and this private placement will give Statt Torsk a much-needed cash boost to complete its restructuring and a more stable base for future expansion.
Finance

Vesterålen Havbruk announces private placement after merger with Statt Torsk

Marta Negrete
3 min read
The white fish group aims to raise between NOK 50 and 100 million to, among other things, complete the restructuring of Statt Torsk.
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