AquaBounty offers investors a piece of GM salmon


AquaBounty Technologies, which grows gentically modified AquAdvantage salmon at a land-based farm in Panama and sells it in Canada, has announced a $12 million share issue to raise money.

The Maynard, Massachusetts-headquartered company said it intends to use the net proceeds of the offering to continue construction and renovation activities of land-based facilities in Rollo Bay on Prince Edward Island and in Albany, Indiana; for working capital costs associated with growing its first batches of fish at its Indiana and Rollo Bay farm sites;, and other general corporate purposes.

AquaBounty, a majority-owned subsidiary of genetics firm Intrexon Corporation, has made a public offering of an aggregate of....................................

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