StockMarketWire.com - Benchmark said it was in line to receive $8.75m from AquaChile, representing the final payment following the agreement to dissolve their joint venture. Payment was due within five days of signing.

As part of the agreement, the company completed the transfer of ownership of the Ensenada facility, which gives Benchmark control of the salmon breeding operation previously belonging to the joint venture.

'The Ensenada facility is being adapted to be suitable for maturation of broodstock, spawning and fertilisation of eggs, and it is expected that the first eggs from the new facility will be available in H1 2021,' the company said.


At 8:44am: [LON:BMK] Benchmark Holdings Plc share price was 0p at 48.5p



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