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SusGlobal Energy Corp. Reports First Quarter 2021 Financial Results


SusGlobal Energy Corp. Reports First Quarter 2021 Financial Results
ACCESSWIRE
TORONTO, ON / ACCESSWIRE / May 25, 2021 / SusGlobal Energy Corp. (
SusGlobal ) or (the
Company ) (OTCQB:SNRG), the developer of SusGro
™, a revolutionary pathogen-free organic liquid fertilizer and LEADERS IN THE CIRCULAR ECONOMY®, today announced financial results for the first quarter ended March 31, 2021 and provided an update on its operational progress.
Recent Highlights
On February 10, 2021, the Company signed an Agreement of Purchase and Sale (the APS ) for certain assets for $3,578,400 (C$4,500,000), including a vendor take-back mortgage of $1,590,400 (C$2,000,000) at an annual interest rate of 2% maturing two years after closing. A deposit of $159,040 (C$200,000) was paid by the Company on February 10, 2021. The APS was amended on April 8, 2021, to revise the closing date to June 4, 2021, subject to successful completion of the due diligence process and the co ....

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