BioFish – Successful delivery of largest postsmolt batch to date

17 Mar 2023 11:53 CET

BioFish – Successful delivery of largest postsmolt batch to date

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INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES
OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.


BioFish – Successful delivery of largest post-smolt batch to date

Reference is made to the stock exchange announcement on 26 January 2022
regarding a contract for delivery of postsmolt to a customer during the spring
of 2023. BioFish has today successfully completed the delivery to our customer
on schedule. The delivery was the largest so far in the company’s history at
approximately 190 tons.


BioFish has previously estimated a production volume of 500-750 tons for the
full year of 2023. With the two deliveries that has taken place in Q1 2023, the
company is well on track to reach the estimated production volume for the full
year of 2023. Based on the deliveries, revenues for Q1 2023 are expected to
exceed the total revenues for the full year of 2022.



For further information, please contact:

Torbjørn Skulstad, CEO
+47 483 81 546


About Biofish:
Biofish is a land-based producer of smolt – juvenile fish destined for
aquaculture facilities. The company’s production takes place in its production
facilitiy in Kvam on the Norwegian west coast, using a Recirulating Aquaculture
System (RAS), which recycles at least 99% of the water used. Biofish deliver
smolt to salmon farms along the Norwegian coast.

More information:
Access the news on Oslo Bors NewsWeb site

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