- holds an export licence to China:
- is the owner and operator of the iconic Hamilton’s Oyster Bar, Restaurant and Marina located directly on the shores of Wallis Lake.
- owns a licenced export and distribution facility in Wallis Lake;
- is the owner and operator of oyster farming leases in Wallis Lake; and
- is the owner and operator of an oyster nursery in Port Stephen.
As part of its growth strategy, East 33 has entered into arrangements to acquire a number of further farms and assets, which at this time have not yet been completed.
These arrangements include:
- further oyster leases in Wallis Lake, Port Stephens and the Manning River;
- production and operating equipment;
- a processor and wholesaler of Sydney Rock Oysters with extensive downstream market reach, upstream access to regional supply and processing systems and procedures;
The current operations of East 33 and yet to be completed acquisitions are referred to as "The East 33 Group" 1
The East 33 Group is one of Australia’s largest producers and suppliers of premium Sydney Rock Oysters (SROs). Based in the Great Lakes area of New South Wales’ mid-north coast, The East 33 Group operates a vertically integrated business that ensures the highest quality product from nursery to plate.
The East 33 Group integrates some of the very best producers of the world-renowned Sydney Rock Oyster to combine more than 130 years and multiple generations of farming experience with best-practice business operations and the latest in aquaculture technology.
The Sydney Rock Oyster is Australia’s prestige native oyster and naturally thrives in less than 30 locations on the east coast of Australia. These pristine waterways and undisputed provenance make the SRO a highly unique and exceptionally rare product, with an estimated one SRO being produced for every 36,000 oysters grown globally.
Environmental sustainability is at the forefront of East 33’s business, employing world-class sustainability practices and actively seeking to collaborate with government, industry and the communities where it farms.
East 33 understands and cherishes the deep roots in the Great Lakes region, with many of our farmers being multi-generational leaders in the oyster industry as well as the local community.
East 33 is proud to play a key role in showcasing the incredible diversity, exceptional characteristics and extraordinary history of this uniquely-Australian product to the world.
Wallis LakeThe East 33 Group owns a number of oyster farms and associated infrastructure at Wallis Lake. The farms are amongst the oldest in New South, with many having been in the same oyster pioneering families for multiple generations.
The East 33 Group integrates some of the oldest producers of SROs, combining 130 years of knowledge with corporate management to drive growth and technological advancement. 1
Packing & Distribution FacilityThe East 33 Group owns a number of packing facilities. East 33 has successfully obtained SRO export-approval for its distribution facility, giving it a significant competitive advantage.
Port StephensThe East 33 Group owns a nursery at Port Stephens, south of its farms at Wallis Lake. The nursery supplies spat for East 33’s farms.
Hamiltons Oyster Bar, Restaurant and MarinaThe East 33 Group supplies its oysters directly to Hamiltons Oyster Bar and Restaurant in Tuncurry, which offers a view across Wallis Lake to some of the company’s oyster farming operations.
Third Party SuppliersOutside of East 33’s own oyster farming operations, we also sources oysters from both our pending acquisition farmers and trusted third party suppliers up and down the coast of NSW. Collectively we refer to them all as Our Farmers.
Mr Garton is an experienced company director, with ASX, NASDAQ and private company experience across a range of sectors including agriculture, alternative energy, finance, financial technology and property.
Prior to co-founding East 33, Mr Garton held senior roles encompassing corporate strategy, M&A and corporate finance. Mr Garton’s expertise spans managing start-ups to direct responsibility for major billion-dollar cross-border commercial agreements in Australia, US, China and South East Asia.
Mr Garton has a Bachelor of Science in Economics, a Bachelor of Business Administration in Finance from Texas A&M University, and a Master’s Degree in Applied Finance from Macquarie University.
Mr Nagy is a highly experienced company director, having held positions on ASX/NZX-listed company boards for more than 20 years.
Mr Nagy has a 50-year association with the with Wallis Lake region. He co-founded East 33 after working closely with some of the region’s oyster farmers to develop growth opportunities for the industry. Mr Nagy previously founded and led several privately held and listed companies across a range of industries and sectors including financial, digital identity, security, transport and health.
Mr Nagy is a tertiary trained Computer Hardware Technician and Service Engineer.
Mr Burnett has over 25 years’ experience in senior financial, CFO and company secretary roles in ASX and NASDAQ-listed companies. He has also held senior roles at several start-up and private companies, and large corporatized utilities.
Chief Financial Officer
Mr Burnett’s experience covers a diverse range of sectors including professional audit and advisory, water, energy, renewable energy and technology.
Prior to co-founding East 33, Mr Burnett managed the finance and company secretarial functions (across Australia and various international jurisdictions) of an ASX-listed entity. He held roles in several large corporatized utilities and private companies, and was an audit manager at KPMG.
He has held numerous Board positions on both ASX and private companies.
Mr Burnett is a Chartered Accountant with Chartered Accountants Australia and New Zealand.
Mr Tim Dumbrell has over 32 year’s experience in the
oyster industry, owning and operating his own
successful oyster farms along with handling the
distribution of oysters to some of Australia’s leading
wholesalers and most esteemed restaurants. With an
intricate understanding of both the distribution,
exportation and farming of oysters; Tim has set up
Oyster Bars across Asia and South East Asia in
collaboration with one of the world’s most reputable
hotel groups. He has headed up direct consulting
strategies with top Australian seafood distributors and
even facilitated oyster deliveries to the Queen. Tim
understands the importance of nurturing relationships
within the industry and for over thirty years he has
developed ties with farmers, restauranteurs,
supermarket chains and exporting agents both
domestically and internationally. His passion for oysters
is unparalleled and with farming experience from
Nambucca Heads to Moreton Bay Island, he truly
understands what it takes to create some of Australia’s
Domestic & International Distribution
Many of the East 33 Group farmers are involved in industry-leading organisations including SoCo Board of Directors, NSW Oyster Farmers Committee, and State Shellfish Advisory Committee. East 33 works closely with those groups and government to ensure the health of the waterways in which we operate.
Thanks to this dedication, our aquatic environments are in pristine conditions. Stringent regulations and systems are in place to ensure water quality is constantly monitored and maintained.
UNDER THE LIQUOR ACT 2007 IT IS AGAINST THE LAW TO SELL OR SUPPLY ALCOHOL TO, OR TO OBTAIN ALCOHOL ON BEHALF OF, A PERSON UNDER THE AGE OF 18 YEARS. NSW LIQUOR LICENCE NUMBER LIQO660032157.
1 Reference to 'East 33 Group' throughout this document refers to both entities and assets owned by East 33 and entities and assets to be acquired following completion of a number of target acquisitions. These target acquisitions are subject to execution of final documentation and completion of a number of conditions precedent.