The South Coast-based Australia's Oyster Coast Ltd hopes to raise up to $500,000 after the release this week of its prospectus.

Chairman David Trebeck announced on Tuesday the issue of 500,000 shares at $1 per share. 

Mr Trebeck said the company was pursuing profitable outlets for oysters sourced from the companies cooperative of growers, including in the Clyde River and the Narooma estuary.

“This enables premium farm gate prices to be paid to grower,” Mr Trebeck said.

The company is touting the Eurobodalla’s clean and green waters as a selling point for the Australian and international markets.

"It's a major milestone for the company and for the oyster growers of the region," Narooma oyster farmer David Maidment said.

“Oyster driven tourism is delivering visitors to the region, something I would never have imagined five or ten years ago.” 

The company is touting the Eurobodalla’s clean and green waters as a selling point for the Australian and international markets and representatives have made marketing tours to Hong Kong and China.

It says it relies on “a rigorous environmental management regime”.

More than 40 oysters farmers have joined as suppliers. The Australia’s Oyster Coast region encompasses eight oyster growing estuaries extending across some 300 kilometres along the NSW coastline. from Shoalhaven and Crookhaven rivers in the north, to Wonboyn Lake near the Victorian border.

Visit the www.AustraliasOysterCoast.com website to download a copy of the prospectus.