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Murray Cod Australia Secures $43M Funding, Accelerates Biomass Growth and Market Expansion
9:27am on Thursday 30th of January, 2025 AEDT
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Aquaculture
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Murray Cod Australia Secures $43M Funding, Accelerates Biomass Growth and Market Expansion
9:27am on Thursday 30th of January, 2025 AEDT
Key Points
Secured $43 million Westpac financing, refinancing existing debt and funding growth
Stanbridge site construction on schedule for March 2025 completion with 78 grow-out ponds
Biomass growth strategy yielding larger fish with 29% increase in average sale weight
Property acquisition near Bilbul site expands operational footprint
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Murray Cod Australia (ASX:MCA)
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