Blumar hopes to drum up $40 million in new share capital

It is not clear whether funds will be used to help see Blumar through the coronavirus crisis or for investment purposes.

Blumar CEO Gerardo Balbontin confirmed the move in a letter to the Santiago Stock Exchange. — Blumar CEO Gerardo Balbontin confirmed the move in a letter to the Santiago Stock Exchange.Foto: Joar Grindheim

John Evans

Published 26 May 2020, 15:44Updated 27 May 2020, 12:14

Blumar Farmed salmon