Mickey MacDonald of Halifax, Nova Scotia, announced Friday he has acquired 5,591,575 common shares of Clearwater Seafoods at a price of CAD$3.30 per share, representing approximately 11 percent of the issued and outstanding Clearwater shares. 

MacDonald, who is a company director and brother of Chairman Colin MacDonald and brother-in-law of CEO John Risley, now owns or controls 10,571,229 Clearwater shares, or 20.8 percent of the company.

"MacDonald and persons who may be acting jointly or in concert with him collectively beneficially own 35,227,651 Clearwater shares representing approximately 69.1