SEA:NZX MARKET UPDATE
1 April 2014
SeaDragon Investor Update March 2014 (Link here).
SeaDragon, Australasia’s largest refiner and blender of high-quality, internationally certified concentrated fish oils and fractions, including Omega-3 oils, today releases its investor update. The update includes:
• an update on trading;
• significant growth in squalene business following the execution of a raw material supply contract;
• a timeline for the development of its new refined fish oil plant in Nelson;
• an interview with a cornerstone shareholder; and
• Chief Executive Ross Keeley’s overview of SeaDragon’s recent progress.
SeaDragon Chief Executive Officer
Telephone: 03 547 0336
About SeaDragon www.seadragon.co.nz
SeaDragon (NZX:SEA) is Australasia’s largest refiner and blender of high-quality internationally certified concentrated fish oils and fractions, including Omega-3 oils. Our oils are sourced from fish caught in the clean and pure waters around New Zealand, in the Southern Ocean, and elsewhere.
We have more than 20 years’ experience processing fish oils and we are recognised for the quality and purity of our products. We supply health supplement manufacturers around the world to meet the burgeoning demand for pure, high-quality fish oils, which are scientifically proven to deliver significant human health benefits such as lowering the risk of heart disease, improving brain function and joint health. The majority of our supply is exported.
SeaDragon recently raised $6.1 million in part to fund the development of its new refined fish oil plant in Stoke in Nelson. The plant will allow SeaDragon to take advantage of the considerable and growing demand it sees for fish oils rich in Omega-3s, and particularly those oils sourced from New Zealand.