finance

Aquabounty seeks to raise $20 million through stock sale

Firm expects 'significant losses for the foreseeable future, and says it may never achieve or maintain profitability' but hopes to bounce back in 2019 with US, PEI production sites.

Majority stakeholder committed to buying nearly 40% of the $20 million already.
Majority stakeholder committed to buying nearly 40% of the $20 million already.
Published 10 November 2017, 13:15Updated 11 November 2017, 00:44