other material
confidence high
sentiment neutral
materiality 0.40
Loop Industries closes sale of excess Bécancour land for CDN $12.0M
Loop Industries, Inc.
- Sold excess land in Bécancour, Quebec to 9409-4927 Quebec Inc. for CDN $12.0M total.
- Transaction closed September 15, 2022; remaining payment of CDN $11.9M received.
- Net proceeds of approximately CDN $11.4M after taxes, fees, and expenses.