Land-based Fisheries Enterprise Retains Excend for $21MM Transaction

The enterprise has partnered with a leading fisheries technology and solutions company

Santiago, Chile - June 21, 2022

With an offtake agreement in place with a leading United States fisheries buyer for 100% of production, the company requires $21MM in capex to complete its facilities with recirculating water tanks to farm yellowtail amberjack fish.  

Phase I annual production will produce 900 tons annually, while phase II--requiring an additional $20MM--will add an additional 900 tons of annual production.

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