Blue Star Foods Awarded License Renewal for Soft-Shell Crab Operations in South Carolina
- Blue Star Foods Corp. receives license renewal for soft-shell crab operations in South Carolina
- Expansion plans include crab hibernation facility, processing, cold storage distribution hub, and soft-shell crab footprint in South Carolina
- Exclusive Bio-Harvesting technology Crab Hatchery to be a highlight of the expansion
- Company aims to meet the growing demand for soft-shell crabs
- None.
Extended Through June 2024
Miami, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that its soft-shell crab operations in South Carolina received a license renewal from the South Carolina Department of Natural Resources.
The new license covers Blue Star as a wholesale dealer and wholesale dealer-peeler for crab and runs through June 2024.
John Keeler, Chairman and CEO of Blue Star Foods, commented, “Our plans for the next twelve months include the expansion of operations for our crab hibernation facility, processing, cold storage distribution hub, and footprint for soft-shell crabs in South Carolina. Our exclusive Bio-Harvesting technology Crab Hatchery will be a highlight of the expansion, to better understand the genome code responsible for growth and reproduction. This proprietary technology and process enables us to utilize high performing blue crab strains. The result will produce a sustainable balance for what crab fisheries can supply against the rapid growth in soft shell crab demand.”
About Blue Star Foods Corp. (NASDAQ: BSFC)
Blue Star Foods Corp. an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com
Forward-Looking Statements:
The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts:
investors@bluestarfoods.com
