Rare Foods Australia Limited

Rare Foods Australia Limited is engaged in the development of the commercial Greenlip Abalone Sea ranching business in the pristine waters off Flinders Bay, Western Australia. The Company, through its purpose-built artificial abalone reefs (ABITATS), supplies commercial quantities of its Marine Stewardship Council certified ranched Greenlip Abalone to local and overseas customers. The Company's abalone ranching operations include seeding, ranching and processing activities. Its products include Two Oceans Wild Greenlip Abalone products, which are wild caught Greenlip Abalone, and Two Oceans Wild Roei Abalone products, which are sourced from its local shallower reefs of Western Australia down to South Australia. It is also engaged in the ocean cellared business, which includes the process of maturing wine on the ocean floor. The Company's customers can purchase its products from their retail center, Ocean Pantry. Its products include Canned Greenlip Abalone and Live Greenlip Abalone.