secwatch.observer — SEC 8-K summary
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Issuer:     SusGlobal Energy Corp. (SNRG)
CIK:        0001652539
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001062993-24-017402
Event type: leadership
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SusGlobal Energy removes director Bruce Rintoul over failure to facilitate deal and refusal to provide financing
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- Shareholders voted to remove Bruce Rintoul from board effective immediately via written consent.
- Rintoul had been appointed in Feb 2023 expecting to facilitate a deal in environmental services but did not.
- He declined to lend money or buy shares to help pay accounting fees for delinquent Q1 and Q2 2024 Form 10-Qs.
- Removal reflects majority shareholders' view that Rintoul was not acting in the company's best interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652539/000106299324017402/0001062993-24-017402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652539/000106299324017402/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-017402

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