Bergen, Norway, 13 May 2023, Reference is made to the stock exchange notice
published by Proximar Seafood AS (the "Company") on 28 April 2023, regarding the
private placement to raise gross proceeds of NOK 50 - NOK 75 million, consisting
of two tranches.
The share capital increase resulting from the first tranche have now been
registered with the Norwegian Register of Business Enterprises. Following the
registration, the CompanyŽs share capital is NOK 4,436,042 divided into
44,360,420 shares each with a nominal share value of NOK 0.1.
For further information, please contact:
Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@proximar.com
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 has currently
inserted batch number five. Through land-based salmon farming, using
high-quality ground water 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.