Blue Star Foods raises $427K via share and warrant sale; forms board committees

Blue Star Foods Corp.

Sold 213,500 shares at $2.00 for gross proceeds of $427,000; issued warrants to purchase 213,500 shares at $2.00 for 3 years.
Net proceeds to be used for land-based salmon farm acquisition, crabmeat purchases, debt repayment, and working capital.
Established Audit, Compensation, and Nominating/Governance committees with Jeffrey Guzy (Chair), Trond Ringstad, and Timothy McLellan.
Adopted Code of Business Conduct and Ethics for directors and officers.

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