Clearwater Etches Deal with First Nation to Sell Pair of Lobster Licenses
Clearwater Seafoods announced it has reached an agreement with the Membertou First Nation in the sale of two lobster licenses. Membertou is set to spend $25 million to purchase the pair of licenses from Clearwater.
"Clearwater is proud to work with Membertou to create First Nation access to this important offshore fishery,” Ian Smith, CEO for Clearwater Seafoods said. “This transaction serves as a model of cooperation, with the commercial fishing industry and First Nations working together as equal partners to build value and opportunity for local communities..."
To Read Full Story Login Below.