THE KINGFISH COMPANY N.V. The Kingfish Company N.V.'s US subsidiary,Kingfish Maine Inc. , has secured its final critical water-side permit.The Maine Department of Environmental Protection (MDEP) has approved theMaine Pollutant Discharge Elimination System (MEPDES) Permit for KingfishMaine thereby paving the way to build a proprietary land-based aquaculture facility inJonesport, Maine USA. The MEPDES permit is the second of two critical water-side permits required to build and operate its facility. The company has already obtained the first critical permit, a submerged land lease, during 2020. KingfishMaine is wholly owned byThe Kingfish Company , which currently operates land-based recirculating aquaculture systems (RAS) inthe Netherlands . KingfishMaine will utilize the same advanced technology solutions used inthe Netherlands to minimize impacts of effluent. The just approved MEPDES permit evaluates the facility's discharge to ensure that Kingfish Maine will maintain the water quality of the area based on the location of the discharge point and the make-up of the effluent water. KingfishMaine's recirculating aquaculture system (RAS) facility is projected to produce 6,000 - 8,000 metric tons of Yellowtail annually upon completion. Media and investor inquiries, please contact: press@the-kingfish-company.com ir@the-kingfish-company.comCompany News feed: https://www.the-kingfish-company.com/news AboutThe Kingfish Company The Kingfish Company is a pioneer and leader in sustainable land-based aquaculture. Current annual production capacity at its Kingfish Zeeland facility inthe Netherlands is 1,250 tons of high quality and high value Yellowtail Kingfish. Expansion is underway and capacity inthe Netherlands will reach 3,000 tons in the second half of 2022. In the US, permitting for the company's 6,000 - 8,000 tons capacity facility is progressing as planned, with production start scheduled for second half of 2023. Production is based on advanced recirculating aquaculture systems (RAS), which protect biodiversity and ensure bio security. Animal welfare is paramount, and the fish is grown without use of antibiotics and vaccines. Operations run on 100 percent renewable energy, sourced from wind, solar and biogas. The company's facilities operate on sea water, avoiding wasting of precious fresh water.The Kingfish Company's main product at present, the Yellowtail Kingfish (also known as Ricciola/Hiramasa/Greater Amberjack) is a highly versatile premium fish species, well known in the Italian and Asian fusion cuisines. Its products are certified and approved as sustainable and environmentally friendly byAquaculture Stewardship Council (ASC), Best Aquaculture Practices(BAP) andBritish Retail Consortium (BRC). It was the winner of the 2019 Seafood Excellence Award, and it is recommended as green choice byGood Fish Foundation .
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