loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Europe

Norcod sets price for placement as it looks to cover costs with $14m raise

The Norwegian cod farmer is looking to raise NOK 100m-150m to cover higher than expected operational and financing costs

By Undercurrent News | Feb. 26, 2024 10:33 GMT
Credit: Norcod
Related

Norcod expands farming ops with new production site in Nordland county

Norcod expands sales in China with 800t export agreement

Norcod accepts losses as it plows cash into biomass build-up

Norcod secures Chinese partner for exclusive imports of farmed cod

Hilton’s UK seafood arm reports £2.5m operating profit in 2023 despite small losses to Mowi, Young’s

Nomad reports modest growth in Q3 despite ERP disruptions, lowers full-year forecast

AdvertisementX

Norcod has set a subscription price of NOK 12 for shares in its "contemplated" upcoming private placement, as it looks to raise a sum in the region of NOK 100 million to NOK 150m ($14.2m).  [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

free read Canada’s ReelData partners with Kingfish Co for AI biomass camera trial in Netherlands

free read Tuna fleet at center of Mozambique’s $2bn corruption scandal up for auction

Port in Maputo, capital of east Africa's Mozambique. Credit: Simon_g/Shutterstock

Senegal’s tuna fishery achieves MSC after four-year FIP

Arnarlax sets 2025 guidance at 15,000t as lice pressures keep harvests modest

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.