SusGlobal Energy settles litigation with former CEO; shares returned, complaint withdrawn

SusGlobal Energy Corp.

Company pays C$347,500 (~US$275k) to Hamaliuk and Landfill Gas Canada Ltd.; 2,011,500 shares returned for cancellation.
Hamaliuk releases claim to 3,300,000 shares pledged to PACE; now held by CEO Marc Hazout as security for personal guarantee.
Hamaliuk agrees to withdraw whistleblower complaint to SEC and OSC; Ontario court dismisses action and counterclaim.
Previously recorded $310,428 in accounts payable for unpaid fees to Hamaliuk pending litigation outcome.

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