Clearwater Announces Redemption of Senior Notes

January 18, 2021 Clearwater

Clearwater Seafoods Incorporated announced that it has delivered notices of conditional full redemption to the holders of all of the outstanding 6.875% Senior Notes due 2025 in connection with the plan of arrangement by and between 12385104 Canada Inc. and the Company, pursuant to which the Purchaser, a company equally owned by Premium Brands Holdings Corporation and FNC Holdings Limited Partnership, will acquire all of the issued and outstanding shares in the share capital of the Company.

Shareholders of Clearwater Approve Arrangement with Premium Brands Holdings Corporation and a Mi’kmaq First Nations’ Coalition

The Arrangement required approval by the affirmative vote of at least two-thirds of the votes cast by holders of the Shares represented in person or by proxy at the Meeting.

Clearwater Casting Aside Eco-Certification for Offshore Lobster Fishery

December 7, 2020 Paul Withers, CBC News

Clearwater Seafoods is dropping Marine Stewardship Council certification for its Canadian offshore lobster fishery, calling it “a voluntary decision driven by business considerations.”

Landmark Reconciliation Agreement Reached in the Arctic Surf Clam Fishery

March 12, 2019 Clearwater

Fourteen First Nations communities in Nova Scotia and Newfoundland and Labrador and Clearwater are pleased to announce they have reached a landmark agreement to the benefit of all parties. The Agreement forges a 50-year partnership that protects existing jobs in the Arctic Surf Clam fishery while creating meaningful economic, employment and capacity building for the fourteen First Nations that are adjacent to the clam resource.

Seafood Giant Clearwater Convicted of ‘Gross Violation’ in Lobster Fishery

January 14, 2019 Paul Withers, CBC News

The decision to prosecute North America’s largest shellfish producer occurred amid a lengthy and still ongoing lobby effort by Clearwater to change the rule it broke: a Canadian requirement that fishing gear at sea must be tended every 72 hours.