SUSGLOBAL ENERGY CORP - SNRG STOCK NEWS

SusGlobal Energy Corp. (OTCQB:SNRG) has announced a new strategic board appointment, bringing in Bruce Rintoul, former senior VP of Veolia North America, amid significant corporate achievements. The company's mission focuses on reducing greenhouse gases and transforming organic waste into sustainable products like fertilizers. Rintoul's extensive experience is expected to enhance shareholder value and support the company's goal of uplisting to the Nasdaq. The interview highlights endorsements from notable figures, including Hall of Fame golfer Ernie Els, in promoting the company's expansion efforts.

SusGlobal Energy Corp. (OTCQB:SNRG) has appointed Bruce Rintoul as a new member of its Board of Directors, enhancing its governance and operational expertise. Rintoul brings over six years of experience as Senior VP of Operations at Veolia North America, where he led significant transformations in environmental services. He will also participate in the Corporate Governance, Nominating, and Compensation Committees at SusGlobal. Rintoul's industry experience and strategic skills are expected to support the company's growth objectives, particularly in waste-to-energy technologies and sustainable products.

SusGlobal Energy Corp. (OTCQB:SNRG) CEO Marc Hazout announced the company's first successful carbon credit sales, generating revenues from its carbon credits monetization initiative. The company reported 105,000 Verified Emission Reductions (VERRs) generated at its SusGlobal Belleville subsidiary. This achievement marks a new revenue stream, with expectations to replicate this financial milestone annually. Near-term goals include uplisting to NASDAQ and advancing the Hamilton processing facility to enhance revenue. The upcoming third-quarter earnings will reflect these sales.

SusGlobal Energy Corp. (OTCQB:SNRG) announced the completion of a Verified Emission Reductions and Removals (VERRs) report for its Anew SusGlobal Belleville Composting Offset Project. This report was submitted to the GHG CleanProjects® Registry, facilitating the monetization of greenhouse gas offset credits. The facility processes organic waste from local municipalities, reducing methane emissions associated with landfills. Marc Hazout, CEO, noted that this monetization aligns with their mission to divert organic waste and enhance shareholder value.

SusGlobal Energy Corp. (SNRG) announced the progress of its second facility in Hamilton, Ontario, expected to generate an annual revenue run rate of US$113 million starting in 2023, based on processing 12,000 metric tonnes of organic waste. The facility aims to capitalize on the $200 billion fertilizer market and enhance the distribution of its SusGro™ organic liquid fertilizer. It will also develop greenhouse gas offset credits and increase capacity to meet rising demand.

SusGlobal Energy Corp. (OTCQB: SNRG) is advancing its role as a leader in the Circular Economy by processing organic waste into regenerative products like its award-winning SusGro™ fertilizer. The company is developing a second facility in Hamilton, Ontario, increasing its total capacity to 185,000 metric tons per year. SusGlobal anticipates revenue growth through tipping fees, product sales, and carbon credits, aiming for $100 million in revenue by leveraging its expansion and acquisitions. The fertilizer market is valued at $200 billion, with a significant growth rate in regenerative products.