Brief: Farm Pride Foods Continues To Work Collaboratively With Victorian Department Of Agriculture

Farm Pride Foods

11/06/2024 02:45

June 11 (Reuters) - Farm Pride Foods Ltd  FRM.AX :
    * CONTINUES TO WORK COLLABORATIVELY WITH VICTORIAN
DEPARTMENT OF
AGRICULTURE ON MONITORING AVIAN INFLUENZA SITUATION
    * PROPOSES TO CONDUCT NON-RENOUNCEABLE FULLY UNDERWRITTEN
PRO-RATA
ENTITLEMENT OFFER  TO RAISE A$6.17 MILLION BEFORE COSTS
    * ADDITIONAL TESTING CARRIED OUT CO'S ROCKS SITE HAS
RETURNED
POSITIVE TESTS FOR AVIAN INFLUENZA
    * CONTINUES TO WORK COLLABORATIVELY ON MONITORING AVIAN
INFLUENZA
SITUATION IN MEREDITH AND LETHBRIDGE
    * LATEST POSITIVE TEST RESULT BRINGS TOTAL OF CO'S
PRODUCTION
CAPACITY EFFECTED BY AVIAN INFLUENZA TO 36%
    * RIGHTS ISSUE IS PROPOSED TO BE PRICED AT A$0.10 PER SHARE


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