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Atlantic salmon

Canadian court grants lifeline to Sustainable Blue, ups borrowing to CAD 6m

The court deferred a discussion on a stalking horse bid process until June 20

By Liza Mayer | June 4, 2024 16:01 BST
The tank room at Sustainable Blue.
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Facing a projected paper-thin cash balance of CAD 93,000 ($68,000) by Aug. 25, 2024, Nova Scotia's Supreme Court approved a request on Monday (June 3) to raise Sustainable Blue's borrowing limit to CAD 6 million to address immediate financial needs. [...]

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