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Atlantic Sapphire ‘on track’ after fish losses as it seeks up to $120m for ‘phase two’

The planned capital raise will occur via private placement with minimum investments of €100,000, an amount that could be lowered at AS' discretion

By Jason Smith | June 3, 2021 22:04 BST
CEO Johan Andreassen and CFO Karl Oystein Oyehaug on the property in Homestead, Florida, where Atlantic Sapphire hopes to expand on its existing salmon RAS facility. Image from a presentation given April 15.
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Atlantic Sapphire (AS), a pioneering recirculating aquaculture system (RAS) salmon farmer based in the US state of Florida wants to raise up to $120 million to proceed with the next phase of its expansion, it told investors [...]

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