BUZZ-Chile salmon producer Camanchaca's shares up ahead of IPO

By Kitco News / February 01, 2018 / www.kitco.com / Article Link

Shares in Chile's Pesquera Camanchaca SA up more than 4 pct to 60.50 pesos ($0.0101) in mid-day trading Thursday on the Santiago Stock Exchange , just ahead of an IPO slated for its Chilean salmon farming unit.

** Chile's Salmones Camanchaca , the company's salmon-farming unit, to hold an IPO on the Santiago stock exchange on Friday.

** It will also issue deposit certificates (Norwegian Depositary Receipts) in Oslo.

** The increase in Pesquera Camanchaca's share price, which leads the IPSA at mid-day, helps boost other salmon producers traded on Chile's exchange, including Blumar , Multiexport y Australis .

($1 = 596.50 Chilean pesos)


(Reporting by Felipe Iturrieta)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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