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$SNRG looks ready for next leg up..
Tech Stocks in the News: AITX, $SNRG, GTCH, IPA
SusGlobal Energy Corp (OTCMKTS:SNRG): The next company that could be watched closely by investors at this point in time is of SusGlobal Energy Corp. As it happens, SusGlobal stock has actually managed to emerge as a major mover over the course of the past couple of trading days and clocked gains of more than 100% during that period. In light of such gains, it might be the right time to track the stock.
Yesterday, the stock came into focus after it announced that its fully owned subsidiary firm SusGlobal Energy Canada Corp had signed a non-binding letter of intent with regards to the acquisition of amendments, soil media, and plant nutrients producer.
As per the terms of the agreement at this point, the transaction could be completed for a sum of $1,570,185. The news proved to be a source of major optimism for investors and resulted in a strong rally in the stock over the past two trading days. It will be interesting to see if the stock can maintain its momentum.
https://topnewsguide.com/2022/03/15/tech-stocks-in-the-news-aitx-snrg-gtch-ipa/
$SNRG +9% .32 Nice Reversal started..
$SNRG Looking good on this slight pullback..gonna snap back up!
Recently they announced that its subsidiary firm SusGlobal Energy Canada Corp had signed a non-binding letter of intent with regards to the acquisition of Leading Soil Media Producer.
https://www.newsfilecorp.com/release/116707
$SNRG Looking good on this slight pullback...gonna snap back up!
Recently they announced that its subsidiary firm SusGlobal Energy Canada Corp had signed a non-binding letter of intent with regards to the acquisition of Leading Soil Media Producer.
https://www.newsfilecorp.com/release/116707
$SNRG Looking good on this slight pullback...gonna snap back up!
Recently they announced that its subsidiary firm SusGlobal Energy Canada Corp had signed a non-binding letter of intent with regards to the acquisition of Leading Soil Media Producer.
https://www.newsfilecorp.com/release/116707
$SNRG SusGlobal Energy announces $15.7M acquisition of soil media producer
SusGlobal Energy (OTC:SNRG) said it has entered into a non-binding letter of intent to acquire a soil media, plant nutrients, and amendments producer - Target - for $15.70M, that compares to SusGlobal's marketcap of $29.92M.
As part of the transaction, SusGlobal Canada will make a $3.92M investment into the Target, in addition of $157K deposit provided on Mar. 8, 2022.
Target's production of soil media, plant nutrients, and amendments is approved for organic use and is specifically formulated for producing high-quality fruit and flowering crops, report.
Synergies: The company expects this acquisition to generate US$7.85M (C$10M) in annual revenue for 2022 and additional opportunities from a geographical and market share approach with exponential revenue growth beginning in 2023.
"Its assets, customer base, branding experience, and superior organic products are highly complementary to our existing licensed infrastructure and feedstock supply. All of its offerings are currently at big box retailers allowing the leveraging of our production facility integration and cross-selling opportunities, as well as the expansion of our operations into new regions," commented SusGlobal Founder, Chairman and CEO Marc Hazout.
SusGlobal said it is well positioned to fund the acquisition if it completes an underwritten public offering.
Closing of the transaction is expected in Q2 2022.
https://seekingalpha.com/news/3813571-susglobal-energy-announces-157m-acquisition-of-soil-media-producer?utm_campaign=twitter_automated&utm_content=news&utm_medium=social&utm_source=twitter_automated
Well said and good advice..
$SNRG Strategic Benefits of the Acquisition
The potential acquisition, if it occurs, would advance SUSGLOBAL's growth strategy and would align with the Company's goal of growing market share and revenues. The Acquisition is expected to:
Enhance SUSGLOBAL's Capabilities and Reach. The Acquisition brings a high-quality, complementary customer and product base to SUSGLOBAL's existing operations and augments SUSGLOBAL's existing service and products offerings in several regional markets, including Western Canada and the United States.
Create Significant Synergies. The Acquisition creates an opportunity for SUSGLOBAL to realize meaningful synergies with its feedstock infrastructure and distribution networks to boost earnings accretion. The Company expects the Acquisition to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022 and additional opportunities from a geographical and market share approach with exponential revenue growth beginning in 2023.
High-Growth Market. 2020-2021 saw a record number of new gardeners enter the market led by generation Xers and millennials, two age groups very concerned about what is in the food they eat. A Dalhousie University School of Management and School of Agriculture study published on MDPI of 2020 gardening trends found "Over 50 percent of people grow food at home to reduce their environmental impact. 66.9% of long-time gardeners and 56.1% of new gardeners agree that homegrown food was healthier than food purchased from food retailers."
"This potential acquisition is an example of SUSGLOBAL delivering on our commitment to pursue strategic and accretive acquisitions to continue growing our business," said Marc Hazout, Founder, Chairman and Chief Executive Officer of SUSGLOBAL. "Its assets, customer base, branding experience, and superior organic products are highly complementary to our existing licensed infrastructure and feedstock supply. All of its offerings are currently at big box retailers allowing the leveraging of our production facility integration and cross-selling opportunities, as well as the expansion of our operations into new regions." Mr. Hazout continued, "the timing of this potential acquisition, which we expect to close in the second quarter of this year, fits perfectly with our current schedule for completing the development of our Hamilton facility. We are excited about the opportunities that lie ahead with this potential acquisition."
Timing and Approvals
The Acquisition is subject to certain customary closing conditions, including final due diligence and execution of definitive documents. The Acquisition is subject to the S-1 being declared effective, the Company completing an underwritten public offering pursuant to the S-1, and the Company's Common Stock being listed on a national securities exchange. Closing is expected to occur in the second quarter of 2022.
Financing of the Acquisition
SUSGLOBAL will be well positioned to fund the Acquisition if it completes an underwritten public offering and given the Company's proven ability to access capital markets. The Company will evaluate opportunistic financing opportunities as they present themselves.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGroâ„¢, an award winning and revolutionary pathogen free organic liquid fertilizer, is an industrial, environmental and agricultural biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: www.susglobalenergy.com
https://www.newsfilecorp.com/release/116707
$SNRG Huge Acquisition News out!! Signs Agreement to Acquire a Leading Soil Media Producer
Acquisition slated to close Q2 2022 expected to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022
Opportunity for robust revenue growth beginning in 2023 which exponentially increases SUSGLOBAL's commercialization and distribution of proprietary products to ramp revenues and cash flows in $200 billion fertilizer market
Toronto, Ontario--(Newsfile Corp. - March 14, 2022) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SUSGLOBAL" or the "Company"), the developer of SusGroâ„¢, an award winning, revolutionary pathogen free organic liquid fertilizer, today announced that its wholly-owned subsidiary, SusGlobal Energy Canada Corp. ("SusGlobal Canada"), has entered into a non-binding letter of intent to acquire a soil media, plant nutrients, and amendments producer approved for organic use and specifically formulated for producing high-quality fruit and flowering crops (the "Target") for an aggregate purchase price of US$15,701,885 (CA$20,000,000) (the "Acquisition").
As a condition of the Acquisition, SusGlobal Canada shall make a US$3,925,471 (CA$5,000,000) investment into the Target and provided a US$157,018 (CA$200,000) deposit (the "Deposit") on March 8, 2022. SusGlobal Canada is preparing definitive transaction documents including a Purchase and Sale Agreement for all of the shares of Target. If the closing of the Acquisition does not occur by an agreed upon date, the Deposit shall be refunded to SusGlobal Canada.
Strategic Benefits of the Acquisition
The potential acquisition, if it occurs, would advance SUSGLOBAL's growth strategy and would align with the Company's goal of growing market share and revenues. The Acquisition is expected to:
Enhance SUSGLOBAL's Capabilities and Reach. The Acquisition brings a high-quality, complementary customer and product base to SUSGLOBAL's existing operations and augments SUSGLOBAL's existing service and products offerings in several regional markets, including Western Canada and the United States.
Create Significant Synergies. The Acquisition creates an opportunity for SUSGLOBAL to realize meaningful synergies with its feedstock infrastructure and distribution networks to boost earnings accretion. The Company expects the Acquisition to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022 and additional opportunities from a geographical and market share approach with exponential revenue growth beginning in 2023.
High-Growth Market. 2020-2021 saw a record number of new gardeners enter the market led by generation Xers and millennials, two age groups very concerned about what is in the food they eat. A Dalhousie University School of Management and School of Agriculture study published on MDPI of 2020 gardening trends found "Over 50 percent of people grow food at home to reduce their environmental impact. 66.9% of long-time gardeners and 56.1% of new gardeners agree that homegrown food was healthier than food purchased from food retailers."
"This potential acquisition is an example of SUSGLOBAL delivering on our commitment to pursue strategic and accretive acquisitions to continue growing our business," said Marc Hazout, Founder, Chairman and Chief Executive Officer of SUSGLOBAL. "Its assets, customer base, branding experience, and superior organic products are highly complementary to our existing licensed infrastructure and feedstock supply. All of its offerings are currently at big box retailers allowing the leveraging of our production facility integration and cross-selling opportunities, as well as the expansion of our operations into new regions." Mr. Hazout continued, "the timing of this potential acquisition, which we expect to close in the second quarter of this year, fits perfectly with our current schedule for completing the development of our Hamilton facility. We are excited about the opportunities that lie ahead with this potential acquisition."
Timing and Approvals
The Acquisition is subject to certain customary closing conditions, including final due diligence and execution of definitive documents. The Acquisition is subject to the S-1 being declared effective, the Company completing an underwritten public offering pursuant to the S-1, and the Company's Common Stock being listed on a national securities exchange. Closing is expected to occur in the second quarter of 2022.
Financing of the Acquisition
SUSGLOBAL will be well positioned to fund the Acquisition if it completes an underwritten public offering and given the Company's proven ability to access capital markets. The Company will evaluate opportunistic financing opportunities as they present themselves.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGroâ„¢, an award winning and revolutionary pathogen free organic liquid fertilizer, is an industrial, environmental and agricultural biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: www.susglobalenergy.com
https://www.newsfilecorp.com/release/116707
$SNRG Huge Acquisition News!! Signs Agreement to Acquire a Leading Soil Media Producer
Acquisition slated to close Q2 2022 expected to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022
Opportunity for robust revenue growth beginning in 2023 which exponentially increases SUSGLOBAL's commercialization and distribution of proprietary products to ramp revenues and cash flows in $200 billion fertilizer market
Toronto, Ontario--(Newsfile Corp. - March 14, 2022) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SUSGLOBAL" or the "Company"), the developer of SusGroâ„¢, an award winning, revolutionary pathogen free organic liquid fertilizer, today announced that its wholly-owned subsidiary, SusGlobal Energy Canada Corp. ("SusGlobal Canada"), has entered into a non-binding letter of intent to acquire a soil media, plant nutrients, and amendments producer approved for organic use and specifically formulated for producing high-quality fruit and flowering crops (the "Target") for an aggregate purchase price of US$15,701,885 (CA$20,000,000) (the "Acquisition").
As a condition of the Acquisition, SusGlobal Canada shall make a US$3,925,471 (CA$5,000,000) investment into the Target and provided a US$157,018 (CA$200,000) deposit (the "Deposit") on March 8, 2022. SusGlobal Canada is preparing definitive transaction documents including a Purchase and Sale Agreement for all of the shares of Target. If the closing of the Acquisition does not occur by an agreed upon date, the Deposit shall be refunded to SusGlobal Canada.
Strategic Benefits of the Acquisition
The potential acquisition, if it occurs, would advance SUSGLOBAL's growth strategy and would align with the Company's goal of growing market share and revenues. The Acquisition is expected to:
Enhance SUSGLOBAL's Capabilities and Reach. The Acquisition brings a high-quality, complementary customer and product base to SUSGLOBAL's existing operations and augments SUSGLOBAL's existing service and products offerings in several regional markets, including Western Canada and the United States.
Create Significant Synergies. The Acquisition creates an opportunity for SUSGLOBAL to realize meaningful synergies with its feedstock infrastructure and distribution networks to boost earnings accretion. The Company expects the Acquisition to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022 and additional opportunities from a geographical and market share approach with exponential revenue growth beginning in 2023.
High-Growth Market. 2020-2021 saw a record number of new gardeners enter the market led by generation Xers and millennials, two age groups very concerned about what is in the food they eat. A Dalhousie University School of Management and School of Agriculture study published on MDPI of 2020 gardening trends found "Over 50 percent of people grow food at home to reduce their environmental impact. 66.9% of long-time gardeners and 56.1% of new gardeners agree that homegrown food was healthier than food purchased from food retailers."
"This potential acquisition is an example of SUSGLOBAL delivering on our commitment to pursue strategic and accretive acquisitions to continue growing our business," said Marc Hazout, Founder, Chairman and Chief Executive Officer of SUSGLOBAL. "Its assets, customer base, branding experience, and superior organic products are highly complementary to our existing licensed infrastructure and feedstock supply. All of its offerings are currently at big box retailers allowing the leveraging of our production facility integration and cross-selling opportunities, as well as the expansion of our operations into new regions." Mr. Hazout continued, "the timing of this potential acquisition, which we expect to close in the second quarter of this year, fits perfectly with our current schedule for completing the development of our Hamilton facility. We are excited about the opportunities that lie ahead with this potential acquisition."
Timing and Approvals
The Acquisition is subject to certain customary closing conditions, including final due diligence and execution of definitive documents. The Acquisition is subject to the S-1 being declared effective, the Company completing an underwritten public offering pursuant to the S-1, and the Company's Common Stock being listed on a national securities exchange. Closing is expected to occur in the second quarter of 2022.
Financing of the Acquisition
SUSGLOBAL will be well positioned to fund the Acquisition if it completes an underwritten public offering and given the Company's proven ability to access capital markets. The Company will evaluate opportunistic financing opportunities as they present themselves.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGroâ„¢, an award winning and revolutionary pathogen free organic liquid fertilizer, is an industrial, environmental and agricultural biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: www.susglobalenergy.com
https://www.newsfilecorp.com/release/116707
$SNRG Huge Acquisition News!! Signs Agreement to Acquire a Leading Soil Media Producer
Acquisition slated to close Q2 2022 expected to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022
Opportunity for robust revenue growth beginning in 2023 which exponentially increases SUSGLOBAL's commercialization and distribution of proprietary products to ramp revenues and cash flows in $200 billion fertilizer market
Toronto, Ontario--(Newsfile Corp. - March 14, 2022) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SUSGLOBAL" or the "Company"), the developer of SusGroâ„¢, an award winning, revolutionary pathogen free organic liquid fertilizer, today announced that its wholly-owned subsidiary, SusGlobal Energy Canada Corp. ("SusGlobal Canada"), has entered into a non-binding letter of intent to acquire a soil media, plant nutrients, and amendments producer approved for organic use and specifically formulated for producing high-quality fruit and flowering crops (the "Target") for an aggregate purchase price of US$15,701,885 (CA$20,000,000) (the "Acquisition").
As a condition of the Acquisition, SusGlobal Canada shall make a US$3,925,471 (CA$5,000,000) investment into the Target and provided a US$157,018 (CA$200,000) deposit (the "Deposit") on March 8, 2022. SusGlobal Canada is preparing definitive transaction documents including a Purchase and Sale Agreement for all of the shares of Target. If the closing of the Acquisition does not occur by an agreed upon date, the Deposit shall be refunded to SusGlobal Canada.
Strategic Benefits of the Acquisition
The potential acquisition, if it occurs, would advance SUSGLOBAL's growth strategy and would align with the Company's goal of growing market share and revenues. The Acquisition is expected to:
Enhance SUSGLOBAL's Capabilities and Reach. The Acquisition brings a high-quality, complementary customer and product base to SUSGLOBAL's existing operations and augments SUSGLOBAL's existing service and products offerings in several regional markets, including Western Canada and the United States.
Create Significant Synergies. The Acquisition creates an opportunity for SUSGLOBAL to realize meaningful synergies with its feedstock infrastructure and distribution networks to boost earnings accretion. The Company expects the Acquisition to generate US$7,850,942 (CA$10,000,000) in annual revenue for 2022 and additional opportunities from a geographical and market share approach with exponential revenue growth beginning in 2023.
High-Growth Market. 2020-2021 saw a record number of new gardeners enter the market led by generation Xers and millennials, two age groups very concerned about what is in the food they eat. A Dalhousie University School of Management and School of Agriculture study published on MDPI of 2020 gardening trends found "Over 50 percent of people grow food at home to reduce their environmental impact. 66.9% of long-time gardeners and 56.1% of new gardeners agree that homegrown food was healthier than food purchased from food retailers."
"This potential acquisition is an example of SUSGLOBAL delivering on our commitment to pursue strategic and accretive acquisitions to continue growing our business," said Marc Hazout, Founder, Chairman and Chief Executive Officer of SUSGLOBAL. "Its assets, customer base, branding experience, and superior organic products are highly complementary to our existing licensed infrastructure and feedstock supply. All of its offerings are currently at big box retailers allowing the leveraging of our production facility integration and cross-selling opportunities, as well as the expansion of our operations into new regions." Mr. Hazout continued, "the timing of this potential acquisition, which we expect to close in the second quarter of this year, fits perfectly with our current schedule for completing the development of our Hamilton facility. We are excited about the opportunities that lie ahead with this potential acquisition."
Timing and Approvals
The Acquisition is subject to certain customary closing conditions, including final due diligence and execution of definitive documents. The Acquisition is subject to the S-1 being declared effective, the Company completing an underwritten public offering pursuant to the S-1, and the Company's Common Stock being listed on a national securities exchange. Closing is expected to occur in the second quarter of 2022.
Financing of the Acquisition
SUSGLOBAL will be well positioned to fund the Acquisition if it completes an underwritten public offering and given the Company's proven ability to access capital markets. The Company will evaluate opportunistic financing opportunities as they present themselves.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGroâ„¢, an award winning and revolutionary pathogen free organic liquid fertilizer, is an industrial, environmental and agricultural biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: www.susglobalenergy.com
https://www.newsfilecorp.com/release/116707
Good Morning Whales!
$SNRG +13% Another Green day...Bullish!
$SNRG +13% Another Green day...Bullish!
$SNRG Accumulation is Rising Rapidly! News Expected!
$SNRG 70 mill low floater
$SNRG SusGlobal Energy Corp., the developer of SusGroâ„¢, an award winning, revolutionary and pathogen free organic liquid fertilizer is a biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to regenerative products applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy, regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: www.susglobalenergy.com
$SNRG we just broke that 52 week high and resistance, smooth sailing from here imo..
$SNRG thanks BB, chart is a thing of beauty..
$SNRG .38 NHOD Huge Breakout Potential here..
$SNRG Blue Sky Breakout in progress and News Rumors as well.
46 Mill Super Low Floater moves on air..
https://www.otcmarkets.com/stock/SNRG/security
$SNRG Blue Sky Breakout in progress and News Rumors as well.
46 Mill Super Low Floater moves on air.
https://www.otcmarkets.com/stock/SNRG/security
$SNRG Blue Sky Breakout in progress and News Rumors as well.
46 Mill Super Low Floater moves on air.
https://www.otcmarkets.com/stock/SNRG/security
$SNRG Blue Sky Breakout in progress and News Rumors as well.
46 Mill Super Low Floater moves on air.
https://www.otcmarkets.com/stock/SNRG/security
Good Morning Whales!
Good Morning Whales!
Good Morning Whales!
Good Morning Whales!
Good Morning Whales!