Investor Presentaiton

Principles of Fisheries Management • IPAC & DFO's subsequent New Access Policy – Recognized conservation as priority - - Addressed new access criteria ● ● ● Priority access given to fishers who have relied on and traditionally harvested a resource - LIFO • Adjacency a key consideration - for inshore and nearshore fisheries - adjacency become less compelling moving from near shore to offshore areas - New entrants got largest share of increase Economic Viability - Ability to comply with LIFO to be considered when new access is granted NOVA SCOTIA

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