Demand from new and existing customers for powdered extract also...

Demand from new and existing customers for powdered extract also continues to increase as we further advance the business case for additional manufacturing equipment.”


During the December ’20 Quarter, NZCS made significant progress in the Company’s Marine Collagen R&D project with lab scale testing ongoing as a precursor to commercial production once successfully completed, and builds demand from new and existing clients seeking a truly sustainable source of NZ based marine collagen.


In December 2020, a 25kg Sample of Fullfat GLM Mussel Powder was delivered and received by Toyond, following border clearance issue with a previous sample in November 2020. Toyond has since been conducting testing on the samples.


Similar to Toyond, the Company has dispatched a 5kg sample to a leading nutraceutical company in Australia, with testing underway as NZCS continues discussions and explore opportunities to expand sales of nutraceuticals within the Australian market.

Over the past months, NZCS has continued discussions with leading suppliers globally with the aim of entering into further high value purchase agreements for its nutraceutical products.

New Zealand Coastal Seafoods CEO, Andrew Peti, commented: “Over the past months, we have continued to work behind the scenes, as we progress discussions with customers globally