Bergen, Norway - 16 May 2023. Reference is made to the stock exchange
announcements by Proximar Seafood AS ("Proximar" or the "Company") on 28 April
2023 and 2 May 2023 regarding share lending agreements enabling the Company to
promptly deliver existing shares to new investors.

The Company announced 28 April 2023 a successfully placed private placement.
Following the increased share capital registered 13 May 2023 and 15 May 2023,
the Company redelivers to Grieg Kapital AS 2,016,385 shares and Daimyo Invest AS
2,278,745 shares.

For more information, please contact: 
Pål K. Grimsrud, CFO, +47 99 47 75 99, pkg@proximar.com 

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act. 

About Proximar Seafood: 
Proximar Seafood is a Norwegian land-based salmon farming company with its first
production facility and production at the foot of Mount Fuji in Japan. The
company has inserted its fifth batch of eggs since October 2022. Through
land-based fish farming, using high-quality ground water secured close to Mount
Fuji, the company will produce fresh Atlantic Salmon, harvested the same day.
Proximar's location, near one of the world's most important fish markets,
implies significant advantages, both in terms of reduced cost and carbon
footprint.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange