October 2023

Capitalization

A directed share issue of NOK 1,076,500 is completed.

May 2023

Capitalization

A directed share issue of NOK 2,117,500 is completed.

March 2023

Clarification of complaint

The Norwegian Food Safety Authority and the County Governor in Trøndelag maintain their decisions on approval of the aquaculture permit for Brennholmen. The complaint from Fosen Nature Conservation Association is rejected.

December 2022

Aquaculture permit for Brennholmen

Trøndelag County Authority grants Kvidul AS an aquaculture permit for land-based production of 10 million smolts and 20,000 tonnes of harvested fish at Brennholmen in Åfjord municipality.

December 2022

Discharge permit for Brennholmen

Pursuant to the Pollution Act §11, cf. §16, the County Governor in Trøndelag grants permission for the annual production of 10 million smolt and 20,000 tonnes of harvested fish at Brennholmen in Åfjord municipality.

December 2022

Capitalization

A directed share issue of NOK 3,732,439 is completed.

November 2022

The Norwegian Food Safety Authority approves the application for an aquaculture permit

The Norwegian Food Safety Authority (Mattilsynet) approves the establishment of a hatchery, fry, nursery and land-based grow out facility for the production of 10 million smolt and 20,000 tonnes of harvested fish on Brennholmen.

October 2022

The Directorate of Fisheries gives a positive recommendation to the application for an aquaculture permit at Brennholmen

The Directorate of Fisheries assesses that the application for an aquaculture facility at Brennholmen in Åfjord municipality will not entail any significant negative effect on fisheries interests in terms of land use along the routes for intake and discharge lines.

September 2022

Approval of sea pipelines

Pursuant to the Harbors and Waters Act, the Coastal Administration (Kystverket) approves the establishment of planned sea pipelines for intake and discharge at Brennholmen.

August 2022

Public inspection and statement from Åfjord municipality

Åfjord municipality defines aquaculture as an important growth industry and has no objections to the establishment of a land-based aquaculture facility on Brennholmen.

May 2022

Capitalization

A directed share issue of NOK 7,174,700 is completed.

April 2022

Kvidul applies for an aquaculture permit

Application for an aquaculture permit to produce 20.000 ton salmon and 10 million smolts at Brennholmen is sent to Trøndelag County Municipality.

December 2021

Kvidul and AquaMaof enter into a framework agreement

The parties enter into a framework agreement on a long-term business relationship for land-based salmon farming to establish a 20,000-ton RAS facility on Brennholmen in the municipality of Åfjord.

January 2021

Geotechnical surveys

Multiconsult AS has been engaged to conduct geotechnical surveys, including seismic surveys, outside of Brennholmen.

November 2020

Capitalization

A share issue of NOK 13,358,862 arranged by Folkeinvest is completed.

November 2020

Framework agreement with Stjern Entreprenør AS to be the construction contractor

Kvidul signs a framework agreement with Stjern Entreprenør AS.

November 2020

Framework agreement with Tore Løkke AS to be the general contractor

Kvidul signs a framework agreement with Tore Løkke AS.

June 2020

Kvidul signs a contract to acquire Brennholmen

A purchase agreement for Brennholmen is signed with the Åfjord municipality

June 2020

The zoning plan for Brennholmen was approved

The Åfjord municipal council approves a detailed zoning plan for Brennholmen

July 2019

NOK 1,000,000 issued

Private placement of NOK 1,000,000 is conducted.

June 2019

Agreement to acquire land

Kvidul and Åfjord municipality sign a contract to purchase Brennholmen 5058/106/109.

May 2019

Letter of intent with Åfjord municipality

Kvidul and Åfjord municipality sign a letter of intent to purchase Brennholmen 5058/106/109.

November 2018

Framework agreement with Norconsult AS

Kvidul signs a framework agreement with Norconsult AS.

November 2018

Framework agreement with AquaOptima AS

Kvidul signs a framework agreement with RAS supplier AquaOptima. The contract ends in January 2021.

February 2018

Kvidul AS is founded

The company was established on February 8, 2018, and registered in the Brønnøysund Register on February 16, 2018.

November 2017

The concept of Kvidul is formed

The families of Stein Roger Dalheim and Idar A Iversen agree to consider salmon farming