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Andfjord Salmon Boosts Capital with NOK 400 Million Equity Injection

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Andfjord Salmon Boosts Capital with NOK 400 Million Equity Injection

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Andfjord Salmon AS ( (DE:50R) ) has provided an update.

Andfjord Salmon Group AS has completed a significant equity injection of NOK 400 million through the issuance of new shares, increasing its share capital to NOK 95,643,028. This financial move is expected to bolster the company’s operations and strengthen its position in the sustainable aquaculture industry.

More about Andfjord Salmon AS

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility. The company utilizes a proprietary flow-through system that combines ocean and land-based salmon farming, achieving high survival and feed conversion rates.

Average Trading Volume: 347,173

Current Market Cap: NOK2.79B

For detailed information about 50R stock, go to TipRanks’ Stock Analysis page.

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