Australia's Oyster Coast releases company prospectus

Australia's Oyster Coast chairman David Trebeck

Australia's Oyster Coast chairman David Trebeck

Australia’s Oyster Coast has announced the release of the company’s prospectus.

The group represents the interests of oyster growers on eight major estuaries along a 300km stretch from NSW’s Shoalhaven River to the Victorian border, encompassing Wapengo Lake, Merimbula, Pambula and Wonboyn.

The South Coast based company - with over 40 oyster growing businesses as suppliers - hopes to further its company objectives by raising up to $500,000 with the issue of 500,000 shares at $1 per share.

Chairman David Trebeck said Australia’s Oyster Coast aims to produce a return on investment for shareholders, pursue profitable export outlets and “continue to develop an oyster tourism trail”.

“And a priority is to further strengthen the environmental credentials of the oyster industry.”

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