Proximar Seafood AS - Successful sale of the 40 million convertible bonds held by the company

23 Aug 2024 14:49 CEST

Bergen, Norway 23 August 2024.

With reference to today’s stock message of the company’s Q2 and H1 results,
Proximar is pleased to announce the successful sale of the NOK 40 million of
convertible bonds held by the company.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act. The information was published on
August 23 by Ole Christian Willumsen, CFO.

About Proximar Seafood
Proximar Seafood is a Norwegian land-based salmon farming company with its first
production facility and production at the foot of Mount Fuji in Japan. The
company inserted its first batch of eggs in October 2022 and plans its first
harvest in September 2024. Through land-based salmon farming, using high-quality
groundwater secured close to Mount Fuji, the company will produce fresh Atlantic
Salmon, harvested the same day. Proximar's location, near one of the world's
most important fish markets, implies significant advantages, both in terms of
reduced cost and carbon footprint.

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