Blue Star Foods' Taste Of BC Aquafarms Signs Fingerling Supply Agreement With Miracle Springs To Accelerate Harvest Growth And Boost Production To 200 Tons In 2025-2026; Partnership Valued At CAD$200K Expected To Generate CAD$2.315M In Projected Revenues
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Blue Star Foods Corp. (NASDAQ: BSFC) has announced a significant agreement between its subsidiary, Taste of BC Aquafarms, and Miracle Springs to supply fingerlings. This partnership aims to accelerate harvest growth and boost production to 200 tons by 2025-2026, with projected revenues of CAD$2.315 million. The agreement is valued at CAD$200,000 and will help meet increasing market demand for sustainable seafood.
October 10, 2024 | 6:02 pm
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Blue Star Foods Corp. has signed a partnership with Miracle Springs to supply fingerlings, aiming to increase production to 200 tons by 2025-2026. This is expected to generate CAD$2.315 million in revenues, marking a significant growth opportunity.
The partnership with Miracle Springs is a strategic move for Blue Star Foods, enabling them to meet increasing market demand and significantly boost production. The projected revenue increase and production capacity expansion are positive indicators for the company's growth prospects.
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