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Investment
2 mins to read
3

NZ King Salmon wins consent for Cook Strait development

Marlborough District Council grants 35-year term, with conditions, for 'Blue Endeavour' operation.

The open ocean site will overcome the disadvantage of warming seas at NZ King Salmon’s existing sites in the Marlborough Sounds.

NBR Staff Fri, 11 Nov 2022

Plans by NZX-listed NZ King Salmon for an open ocean salmon farm in the Cook Strait have won resource consent from Marlborough District Council after a three-year process.

After a short trading halt as the news emerged, shares in NZ King Salmon rose 11% to 25c, valuing the company at $135 million.

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NBR Staff Fri, 11 Nov 2022
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
NZ King Salmon Grant Lovell Graeme Tregidga Cape Lambert Blue Endeavour
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Investment
5

NZ King Salmon CEO on why he’s quit, immediately
Investment
2

NZ King Salmon suffers further losses after hot summer
Investment
1

NZ Super backs King Salmon recovery
Investment

NZ King Salmon’s plan B
Investment
12

NZ King Salmon CEO: ‘We tried everything but it didn’t work’
Investment
4

NZ King Salmon to downsize, 100 positions to go

Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
5

NZ King Salmon CEO on why he’s quit, immediately
Investment
2

NZ King Salmon suffers further losses after hot summer
Investment
1

NZ Super backs King Salmon recovery
Investment

NZ King Salmon’s plan B
Investment
12

NZ King Salmon CEO: ‘We tried everything but it didn’t work’
Investment
4

NZ King Salmon to downsize, 100 positions to go

NZ King Salmon wins consent for Cook Strait development
Investment,
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