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Seafarms Secures Project Sea Dragon Assets, Boosts Prawn Harvests and Funding Drive

11:32am on Friday 30th of January, 2026 AEDT Aquaculture
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Seafarms Secures Project Sea Dragon Assets, Boosts Prawn Harvests and Funding Drive

11:32am on Friday 30th of January, 2026 AEDT
Key Points
  • Acquisition of Project Sea Dragon assets finalised for $750,000 plus GST
  • 177 tonnes of banana prawns harvested, with black tiger prawn harvests commencing
  • Quarterly sales revenue reached $4.9 million from domestic and export markets
  • Operating cash outflow of $3.6 million amid ongoing project development
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