Sydney - Tuesday - July 10: (RWE Australian Business News) -...

Sydney - Tuesday - July 10: (RWE Australian Business News) -
Australis Aquaculture Limited (ASX:AAQ) has signed a Memorandum of
Understanding with Nha Trang University of Fisheries, located in
Nha Trang, Vietnam.
Under the terms of the MOU, the University will establish a new
Centre for Marine Fish Seedstock Breeding, that will provide Australis
with technical and management services and large-scale barramundi
fingerling supplies on an exclusive basis for an initial 5-year term.
Working in the University’s existing hatchery and in a new hatchery
to be constructed by Australis, the Centre is expected to supply up to
12.6 million fingerlings per year for use by Australis.