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NZ Coastal Seafoods Secures $150K Capital Raise
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NZ Coastal Seafoods Secures $150K Capital Raise

New Zealand Coastal Seafoods Limited (AU:NZS) has released an update.

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New Zealand Coastal Seafoods Limited (NZS) has bolstered its financial standing by securing a $150,000 capital injection from investor Robyn Chandler through a Convertible Note subscription. These funds are earmarked for enhancing the company’s working capital and expediting strategic initiatives, reflecting investor confidence in NZS’s growth trajectory and responsible fishing practices. Shareholders’ approval is sought for the conversion of the notes, which will further solidify NZS’s commitment to sustainability and premium seafood production.

For further insights into AU:NZS stock, check out TipRanks’ Stock Analysis page.

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