SusGlobal closes purchase of Hamilton facility for US$3.56M; 65,884 MT annual capacity

SusGlobal Energy Corp.

Purchase price: US$3,564,900 (C$4,500,000) including vendor take-back mortgage of US$1,584,400 (C$2,000,000) at 2% interest for two years.
Seller credited US$297,075 (C$375,000) and received 300,000 common shares as part of closing adjustments.
Facility is 40,535 sq ft on 3.26 acres; has Environmental Compliance Approval for 65,884 MT of organic waste per year.
Facility will produce SusGro organic fertilizer, office space, and R&D labs; expected to ramp revenues and cash flows.

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