Kaldvik Issues New Shares After March Acquisition of Icelanding Fish Farming Operations
Icelandic salmon farmer Kaldvik AS (Kaldvik) recently announced the issuance of new shares related to its March 25 acquisition of two full salmon farming operations and one third of an additional salmon farming operation, all situated on Iceland’s east coast.
Per the determination made by its board on April 22, Kaldvik has resolved to increase its share capital to NOK 624,995.20 (USD $59,402.67) by issuing 6,249,952 new shares, with each share valued at NOK 27.60 (USD $2.62).
According to the company, its claim for capital contribution...
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