The land-based salmon farming company Salmon Evolution has today been admitted to trading on Merkur Market (ticker code: SALME-ME).
Salmon Evolution is a land-based salmon farming company with its first production facility under construction on Indre Harøy, Norway.
Salmon Evolution recently raised NOK 500 million through a private placement. “The private placement attracted very strong interest from Norwegian, Nordic and international high-quality institutional investors and was more than nine times oversubscribed excluding shares pre-allocated to cornerstone investors,” the company announced.
The net proceeds from the placement will be used to partly fund the first construction phase of the company’s land-based salmon farming facility at Indre Harøy, further develop the project and for general corporate purposes.
