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NZ Coastal Seafoods Secures Funding to Boost Strategic Initiatives

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NZ Coastal Seafoods Secures Funding to Boost Strategic Initiatives

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New Zealand Coastal Seafoods Limited ( (AU:NZS) ) has issued an announcement.

New Zealand Coastal Seafoods Limited has secured $18,000 through a Convertible Note subscription from a professional investor, enhancing its financial position and supporting its strategic initiatives. This capital raise reflects investor confidence in the company’s growth strategy and commitment to sustainable fishing practices, with plans to use the funds for additional working capital.

More about New Zealand Coastal Seafoods Limited

New Zealand Coastal Seafoods Limited (ASX: NZS) is an Australian-based producer of premium seafood products and nutraceutical marine ingredients, focusing on responsible seafood sourcing from the Torres Strait and the Coral Sea. The company operates an export-standard processing facility in Cairns and provides high-end seafood products such as tropical rock lobster and sea cucumber to customers in Australia and the Asia-Pacific region, using sustainable management practices to ensure minimal environmental impact.

Current Market Cap: A$3.33M

See more data about NZS stock on TipRanks’ Stock Analysis page.

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