Company announcement No. 31
Vejle,
The subsidiary Aquaturu A/S, which develops technology for sustainable land-based fish farming, has entered into an agreement with Certified Adviser Tofte & Company, in connection with a planned IPO (Initial Public Offering) of the company in the second half of 2020.
The planned IPO is due to
Aquaturu A/S expects to issue 25 - 35 MDKK in new shares.
Investors who wish to participate as a conerstone investor in Aquaturu A/S can contact the company's CFO
About Aquaturu A/S
Aquaturu A/S has developed a new anti-algae and anti-bacterial solution for land-based fish farming. The solution can ensure fish producers, higher revenue through higher survival rates and lower costs through savings on drugs, antibiotics and chemicals.
Globally, there are approx. 30,000 onshore freshwater plants for fish production and today more fish are produced in onshore plants than are caught at sea. It is estimated that the total potential market is 250,000 - 350,000 Aquaturu units.
The Board of Directors has decided, on the basis of great interest from the Aquaculture industry, that the company is ready to launch a production of Aquaturu units and a commercialization of the company.
About
Further information:
CEO
CFO
Sjællandsgade 32
7100 Vejle
Certified Adviser
Christian IX Gade 7, 3rd,
1111 København
Phone.: +45 71961030
Contact:
Website: toftecompany.com
Nasdaq First North Growth Market
Important links:
Websites:
www.waturu.com
Financial reports:
www.waturu.com/documents
Further press related news:
www.waturu.com/news
www.linkedin.com/company/waturu/
www.facebook.com/WaturuDenmark/
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