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Land-based salmon project raises $5.8m from industry stalwarts

Salmon Evolution -- which aims to be Europe's largest land-based salmon farm -- will use the cash to embark on its ‘sea-based aquaculture on land’ concept

By Neil Ramsden | Jan. 22, 2019 10:42 GMT
Holding), Peder Stette (Stette Invest) and Ingjarl Skarvoy (Terra Mare). Credit: Salmon Evolution
All the shareholders. From left: Victor Fiveland (Artec Holding), Kjell Arne Smage (Smage Eiendom), Glen Bradley (Rofisk), Joar Sandoy (Rofisk), Kristofer Reiten (Romsdalsfisk), Jonny Smage (Romsdalsfisk), Frank Smage (Smage Eiendom), Frode Kjolas (Kjolas Stansekniver), Per Olav Mevold (Romsdalsfisk), Bjornar Flem (Artec Holding), Peder Stette (Stette Invest) and Ingjarl Skarvoy (Terra Mare). Credit: Salmon Evolution
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Norway's Salmon Evolution -- which aims to be Europe's largest land-based salmon farm -- has raised NOK 50 million ($5.8m) through a private placement, it announced. [...]

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