Susglobal Energy Corp - SNRG STOCK NEWS

SusGlobal Energy Corp. (OTCQB: SNRG) announced that its subsidiary SusGlobal Energy Belleville has sold an additional 16,000 Verified Emission Reductions and Removals (VERRs), bringing the total to 58,302 VERRs sold to date from its Belleville Composting Offset Project in Ontario. The project, developed by Anew Climate, , is listed on the GHG CleanProject Registry and operates at the company's 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility. The VERRs represent verified greenhouse gas emission reductions, generating additional revenue streams for the company as part of its carbon credits monetization initiative.

SusGlobal Energy Corp. (OTCQB: SNRG) announced the United States Patent and Trademark Office (USPTO) has granted it a Certificate of Registration for the trademark SUSGRO® under Registration Number 7,360,661. Registered on April 16, 2024, this certification ensures legal protection for SusGlobal's organic liquid fertilizer brand for an initial 10-year term, with the possibility of renewal. This trademark registration allows the company to use the recognized trademark symbol and phrases to denote its registered status. The registration follows opposition from The Scotts Miracle-Gro Company. Marc Hazout, Executive Chairman, President, and CEO, emphasized the importance of protecting intellectual property and brand equity to enhance shareholder value.

SusGlobal Energy Corp. (SNRG) announced the sale of 3,000 Verified Emission Reductions and Removals (VERRs) as part of the Anew SusGlobal Belleville Composting Offset Project in Ontario. The company's 49-acre Organic & Non-Hazardous Waste Processing & Composting Facility in Belleville, Ontario has enabled an increase in the diversion of organic waste from landfills, benefiting the community and the climate. The continued sale of carbon credits expands the company's ability to reduce organic waste and produce regenerative products as part of its Circular Economy model. The revenue from these credits is anticipated to drive technological advancements that will expand composting efforts at the SusGlobal Belleville facility and other municipalities throughout North America.

SusGlobal Energy Corp. (SNRG) announces an advisory and distribution agreement with Oak Hill Asset Management Inc., aiming to better align its balance sheet with growth opportunities and perceived undervaluation of assets. The agreement is expected to provide enhanced access to capital and expert guidance, positioning the company for greater success and financial growth.

SusGlobal Energy Corp. (OTCQB: SNRG) announced Q3 2023 financial results, including a 37.1% revenue decrease. The company also shared updates on debt discharge, RNG production, and land acquisition. Key SEO terms: SusGlobal Energy Corp, SNRG, financial results, RNG production, debt discharge, renewable natural gas, organic waste processing, carbon credits, Circular Economy model.

SusGlobal Energy Corp. completes the purchase of 2.03 acres of prime M5 Industrial Lands, increasing its capacity for commercialization and distribution of Renewable Natural Gas (RNG) and fertilizer products. The acquired land allows for a monthly production of approximately US$7.5 million worth of organic fertilizer and an annual production of approximately US$7.5 million worth of RNG. The fair market value of the property is estimated at US$14,222,000.

SusGlobal Energy Corp. Generates Additional Verified Emission Reductions and Removals and Sells Carbon Credits

SusGlobal Energy Corp. has signed a ten-year Renewable Natural Gas Purchase and Sale Agreement valued at approximately US$138 million. The agreement includes a purchase price of over US$20.00 per MMbtu of RNG, with a commitment to produce up to 674,184 GJs annually. This agreement represents a significant and lucrative offtake agreement for SusGlobal, contributing to its circular economy model and sustainability goals.

SusGlobal Energy Corp. announced financial results for Q2 2023, with a 39% increase in revenue compared to Q2 2022. The company also provided updates on its operational progress, including the discharge of its indebtedness to Alterna Savings and Credit Union Limited. SusGlobal Belleville generated additional Verified Emission Reductions and Removals and sold carbon credits as part of the Anew SusGlobal Belleville Composting Offset Project. The company also received notice of the registration of its trademark SUSGRO and secured the acquisition of 2.03 acres of prime M5 Industrial Lands in Hamilton, Ontario. Additionally, SusGlobal received a Renewable Natural Gas Carbon Intensity Report and aims to commence the commercialization of its organic liquid fertilizer.