Blue Star Foods Subsidiary Nets ~$1M Deal To Supply Steelhead Salmon Fingerlings

  • Blue Star Foods Corp's BSFC wholly-owned Recirculatory Aquaculture Systems subsidiary, Taste of BC Aquafarms (TBC), has entered into a 2-year agreement to supply Steelhead Salmon fingerlings to a company that produces steelhead salmon in British Columbia. The supply agreement value is about $1 million.
  • "This agreement is strategic as our company prepares to scale up with our new 1,500 MT facility. This opportunity allows us to enter into a segment that gives us higher margins and a shorter production cycle," said Steve Atkinson, the Founder of TBC.
  • Price Action: BSFC shares are trading higher by 1.29% at $2.41 on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksContractsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!