AquaBounty's fish grow more quickly than conventional Atlantic salmon. Photo: AquaBounty.

AquaBounty aims for a bigger splash with investors

Transgenic-salmon producer AquaBounty has appointed investor relations specialist MZ Group to increase the company’s visibility in world markets.

Published Last updated

It will work with MZ to highlight its technology, as well as its imminent harvests of conventional salmon from next month and its quicker-growing AquAdvantage GM salmon in the fourth quarter of the year.

Greg Falesnik, managing director of MZ North America, will advise US-based AquaBounty in all facets of corporate financial communications, including the coordination of roadshows and investment conferences in key cities worldwide and building brand awareness across all financial and media outlets.

Greg Falesnik: Keen to tell AquaBounty's "disruptive story" to investors.

Sustainable and efficient

MZ Group has offices worldwide and was recently ranked No 1 consultancy in Latin America and No 7 in the world in business communication, said AquaBounty, which is pursuing regulatory approval for AquAdvantage salmon in Argentina, Brazil, China, and Israel.

“As the company with the first and only genetically engineered animal protein approved for human consumption by the US Food and Drug Administration and Health Canada, AquaBounty is moving forward in its mission to help feed the world using a more sustainable and efficient approach to high-quality, land based salmon farming,” said Falesnik.

“In addition to the obvious environmental benefits that AquAdvantage salmon provide, there are also significant economic benefits due to the salmon consuming less feed and growing faster, resulting in a 70% increase in throughput compared to farming conventional Atlantic salmon.

Long-term value

“We look forward to introducing AquaBounty’s disruptive story to the investment community, especially as they prepare for some major milestones on the horizon, including the first harvest of conventional Atlantic salmon beginning in June 2020 and the first harvest of AquAdvantage salmon beginning in the fourth quarter of 2020.”

AquaBounty chief executive Sylvia Wulf said: “We fully expect our proprietary AquAdvantage salmon to deliver game-changing solutions for global problems, most notably, sustainable seafood production that protects our marine ecosystem. Together with MZ, we are well positioned to execute upon our commercial strategy while creating long-term value for our shareholders.”

AquaBounty is growing salmon in land-based facilities near Albany, Indiana and Rollo Bay, Prince Edward Island, Atlantic Canada.