other material
confidence high
sentiment neutral
materiality 0.55
Loop Industries sells Bécancour land for CDN $18.5M
Loop Industries, Inc.
- Loop Canada, a wholly-owned subsidiary, sold all remaining land in Bécancour, Québec.
- Purchase price of CDN $18.5 million; buyer paid deed, transfer tax, and registration.
- Transaction closed on February 22, 2023; no commissions paid.
- Sale previously disclosed in December 2022 8-K; now completed.