Salmon Evolution Holding ASA: Signing of definitive agreements for the establishment of K Smart Farming in South Korea
Salmon Evolution Holding ASA ("Salmon Evolution" or the "Company", OSE: SALME) – a leading land-based salmon farming company with its first production facility under construction at Indre Harøy in western Norway – refers to the stock exchange notice released on February 26, 2021 regarding the signing of a Joint Venture Term Sheet with Dongwon Industries Co., Ltd. (“Dongwon”). The term sheet stated the parties’ intention to partner in K Smart Farming Co., Ltd. (“K Smart”), to form a 49/51 joint venture that will develop, construct, and operate a land-based salmon farming facility with a