Norwegian land-based fish farmer Nordic Aquafarms (NAF) has raised NOK 150 million ($17.2m) in a share issue to fund its latest expansion strategy, which will separate its US and European projects by species.
This most recent round of funding came primarily from existing investors, with the largest current shareholder, the Rasmussen shipping family, contributing the most. Former Norway Royal Salmon CEO Charles Hostlund is also understood to be joining the group's board in connection with the share raise [...]
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