Welcome to our dedicated page for Blue Star Foods news (Ticker: BSFC), a resource for investors and traders seeking the latest updates and insights on Blue Star Foods stock.
Blue Star Foods Corp. (BSFC) provides investors and industry stakeholders with comprehensive access to its latest corporate developments through this centralized news hub. As an international seafood processor prioritizing sustainable practices and supply chain transparency, BSFC’s news coverage spans operational milestones, environmental initiatives, and market expansions.
This resource aggregates official press releases and verified updates, including earnings reports, packaging innovations, and traceability advancements. Users gain insights into the company’s patented eco-friendly packaging systems, multinational facility operations, and quality assurance protocols that define its position in the global seafood sector.
Bookmark this page for direct access to BSFC’s evolving strategies in sustainable seafood processing and international trade dynamics. Regular updates ensure stakeholders remain informed about developments impacting the company’s role within the $150B+ global seafood economy.
Blue Star Foods Corp. (Nasdaq: BSFC), an integrated ESG seafood company, announced CEO John Keeler's participation in two investor conferences on December 8-9, 2021. He will present at the Sidoti December 2021 Virtual Micro Cap Conference on December 8 at 11:30 a.m. ET, and at The Benzinga Global Small Cap Conference on the same day at 4:20 p.m. ET. Blue Star focuses on sustainable seafood practices and operates the oldest full grow-out salmon farm in North America.
Blue Star Foods Corp. (NASDAQ:BSFC) reported significant growth for Q3-2021, achieving sales of $3.726 million, a 75% increase from $2.129 million in Q2-2021. The company successfully uplisted to NASDAQ on November 3, 2021, raising $4 million in a registered securities offering to bolster its operations. The RAS division continues to progress with plans for a new land-based salmon farming facility in British Columbia. Despite a net loss of $161,788, the adjusted cash net income improved to $367,382, reflecting strong operational momentum.
Blue Star Foods Corp. (NASDAQ:BSFC) announced plans to establish a larger-scale land-based steelhead salmon farm through its subsidiary, Taste of BC Aquafarms (TBC), in Deep Bay, British Columbia. The company secured a 20-year land-lease for approximately 20 acres with an option for 10 additional acres, situated in an Agricultural Land Reserve, facilitating commercial aquaculture without re-zoning. The farm aims for annual production of up to 4,500 MT utilizing low-cost hydro-electricity, aligning with Blue Star's sustainable practices.
Blue Star Foods Corp. (NASDAQ:BSFC) has successfully closed its public offering of 800,000 shares at $5.00 each, raising $4.0 million before expenses. The underwriters also received a 45-day option for an additional 120,000 shares. Proceeds are earmarked for general corporate purposes including working capital and capital expenditures. The shares began trading on Nasdaq on November 3, 2021. This offering follows an effective registration with the SEC, ensuring compliance with securities laws.
Blue Star Foods Corp. (NASDAQ: BSFC) announced the pricing of a public offering of 800,000 shares at $5.00 per share, raising total gross proceeds of $4 million. Underwriters have a 45-day option to purchase an additional 120,000 shares. The offering is expected to close by November 5, 2021, with trading commencing on NASDAQ on November 3, 2021. Proceeds will support general corporate purposes, including working capital and capital expenditures.
Blue Star Foods Corp. (OTC: BSFC) participated in an FAO forum discussing land-based aquaculture's role in enhancing supply chain resiliency. CEO John Keeler highlighted challenges posed by COVID-19 and climate change on fisheries, emphasizing the advantages of Recirculating Aquaculture Systems (RAS). Blue Star is developing a large-scale RAS facility in British Columbia to meet rising global seafood demand, utilizing technology and sustainability practices. The company operates North America's oldest RAS salmon farm, reflecting its commitment to eco-friendly seafood production.
Blue Star Foods Corp. (OTC: BSFC) announced the completion of a preliminary design for a new 1,500 Tonne Steelhead Farm in British Columbia, facilitated by its subsidiary, Taste of BC Aquafarms. Designed in collaboration with PRAqua, the facility aims to achieve annual production capacity of 21,000 Tonnes over time. The approach leverages ten years of operational experience and advanced Recirculating Aquaculture Systems technology. With a focus on scalability and efficiency, the project builds upon the success of the Nanaimo facility, which has consistently exceeded production targets.
Blue Star Foods Corp. (BSFC) has announced its plans to develop the first full-scale commercial Salmon Recirculating Aquaculture System (RAS) in British Columbia. Following the acquisition of Taste of BC Aquafarms, Inc. (TBC), BSFC is in final negotiations for a site and aims to start the permitting process soon. Currently, they operate a facility in Nanaimo, with production exceeding targets and 98% of fish meeting market specifications. The company anticipates producing 21,000 tons of Pacific Salmon by 2028 and is applying for Nasdaq Capital Market listing.
Blue Star Foods Corp. (OTC: BSFC) announced its participation in the 14th annual LD Micro Main Event to be held virtually from October 12-14, 2021. CEO John Keeler will present on October 12 at 10 a.m. ET, discussing two recent acquisitions and additional financing to boost business growth and support new orders. The event will feature around 150 companies, with each presentation lasting 25 minutes. Register for the presentation here.
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