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New Zealand Coastal Seafoods Limited ( (AU:NZS) ) has issued an announcement.
New Zealand Coastal Seafoods Limited has secured a $50,000 investment through a Convertible Note subscription, strengthening its financial position to support ongoing operations and strategic initiatives. This funding reflects investor confidence in the company’s growth strategy and commitment to sustainable fishing practices, with plans to convert these notes into shares pending shareholder approval.
More about New Zealand Coastal Seafoods Limited
New Zealand Coastal Seafoods Limited (ASX: NZS) is a producer of premium seafood products and nutraceutical marine ingredients. Based in Australia, the company focuses on responsibly sourcing seafood from the Torres Strait and the Coral Sea. It operates a purpose-built export standard processing facility in Cairns and offers high-end seafood products like tropical rock lobster and sea cucumber. The company ensures its operations have minimal environmental impact and supplies premium seafood to customers in Australia and across the Asia-Pacific region.
Current Market Cap: A$3.33M
See more insights into NZS stock on TipRanks’ Stock Analysis page.