ADELAIDE: Clean Seas Seafood Limited (ASX: CSS) announced on Wednesday that it has received a non-binding merger proposal from Yumbah Aquaculture Ltd. The deal, which would see Yumbah acquire 100% of Clean Seas shares, offers shareholders $0.14 cash per share or a scrip alternative in Yumbah.* Yumbah, an Australian-owned shellfish aquaculture company, operates across South…
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Clean Seas Seafood has purchased a new automated feed barge
SYDNEY, AUSTRALIA: Clean Seas Seafood Limited has purchased a new automated feed barge, designed to significantly reduce production costs, and enhance operational efficiencies, stability and productive capacity. Clean Seas has contracted with Southern Ocean Solutions to construct a new automated feed barge to be located on the Company’s 2,850 tonne capacity Arno Bay farm site.…