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Mowi backtracks on fish cull losses 㽶Ƶֱ 8.3 million to 2.6 million

The new estimate reflects the immediate at risk smolt numbers in hatcheries
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Mowi lowers estimates to 2.6 million smolt at risk of being culled in their Vancouver Island hatcheries. (Mowi Canada West).

Mowi Canada West issued a statement saying that 2.6 million fish from their hatcheries on Vancouver Island are at risk of being killed as opposed to the 8.3 millions estimated earlier this week.

In an statement emailed to the Mirror Wednesday, Feb. 10, Dean Dobrinsky, Mowi Canada West㽶Ƶֱs human resources, safety and communications manager, said, 㽶ƵֱThere was a desire to clearly define the immediate impact as the 2.6 million smolts (those that are active in our sea sites and hatcheries) after it originally was picked up by the trades as culling 8.3 million smolt in our hatcheries.㽶Ƶֱ

The calculations were estimated based on the the company㽶Ƶֱs five year operations cycle 㽶Ƶֱ from broodstock through the hatcheries to sea sites and then the harvest, said Dobrinsky.

㽶ƵֱIn the immediate term, there are 2.6 million fish currently at sea or in our hatcheries at risk of being killed if we are unable to find a home for them. As we have a five year operational cycle, we have millions of fish in our system that will also have to be killed if we cannot find locations for them to grow to harvest,㽶Ƶֱ said the statement.

The statement for the new estimates were issued after the aquaculture company㽶Ƶֱs parent company Mowi ASA estimated a significantly lower smolt cull.

Yesterday 㽶Ƶֱ in response to Dobrinksky㽶Ƶֱs estimate of 8.3 million fish that were to be culled, costing them a revenue of $195 million 㽶Ƶֱ Mowi ASA㽶Ƶֱs group communications director Ola Helge Hjetland told via a text message that 㽶Ƶֱthere are 2.6 million smolt. Not 8.3 million.㽶Ƶֱ

In response to $CAD 195 million in revenue loss, Hjetland added, 㽶ƵֱWe have not said anything about the amount yet, but have sent out a stock exchange announcement of the effect on volume. We will be back with other numbers in Q4.㽶Ƶֱ



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