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NZ Coastal Seafoods Launches Coral Sea Fishing, Eyes $2M Capital Boost

5:01pm on Friday 14th of November, 2025 AEDT Fishing and Aquaculture
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NZ Coastal Seafoods Launches Coral Sea Fishing, Eyes $2M Capital Boost

5:01pm on Friday 14th of November, 2025 AEDT
Key Points
  • MV Bluefin completes first explorational fishing trip in Coral Sea Fishery
  • New $150,000 Long Line Drum installed to enhance fishing capacity
  • Collaboration with University of Tasmania for $2 million research grant
  • Raised $100,000 via Convertible Notes; considering $2 million rights issue or placement
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