For sale: One Canadian fish farm in debt more than $10 million (€7.36), but with hopes additional capital is just what it needs to thrive.
Last month, Sablefish Canada Inc. was put into receivership by the Canadian government after its creditors filed to recoup their losses.
Former President and CEO Bruce Morton was let go as Vancouver-based Bowra Group was appointed as the receiver in mid-June, according to Martin Hyatt, Bowra's vice president.
The company, its hatchery with several hundred thousand fish, and the estimated 250,000 sablefish currently in ocean pens are currently up for bid, and offers must be submitted before Friday, July 18, 5 p.m.,
