Newfound Resources Limited was founded in 1986 by 25 Newfoundland seafood companies to harvest and deliver large quantities of groundfish for the benefit of Newfoundland factories. Following the demise of the Canadian ground fish stocks, NRL received an offshore shrimp license in 1991 and transformed into one of Canada's largest shrimp companies.

The company's flagship vessel, "Newfound Pioneer," harvests in excess of 6000 metric tons of coldwater shrimp annually and the company procures several thousand tones of additional product from third parties as well as vessels managed through a subsidiary company (Click here to learn more).

We also harvest Greenland Halibut (Turbot) and in 2003 supplied 1400 mts of Turbot in various forms to markets around the world.