Land-based farmer still needs $7.8 million to cover increased costs; in ‘positive’ talks with investor

$3.7 million has already been committed by existing shareholders. Land-based salmon farmer Proximar Seafood is in the process of raising additional capital to support its expansion. Following its third-quarter report, the company identified a need for approximately NOK 165 million ($15.2 million) in funding due to increased operational costs and capital expenditures. To address part … Continue reading Land-based farmer still needs $7.8 million to cover increased costs; in ‘positive’ talks with investor