AUSTIN, TX / ACCESSWIRE / October 4, 2022 / SmallCapVoice.com, Inc. ("SCV") today announces the availability of a new interview with Marc Hazout, CEO of SusGlobal Energy Corp. (OTCQB:SNRG) ("the Company"), to discuss the Company's milestone achievement in generating revenues from its carbon credits monetization initiative.
As Leaders in the Circular Economy ®, SusGlobal is focused on reducing greenhouse gases and diverting organic waste streams from landfills, processing them into regenerative products such as fertilizer. As reported in September, the Company's SusGlobal Belleville subsidiary has generated roughly 105,000 Verified Emission Reductions and Removals (VERRs) and recently sold its first carbon credits, adding to SusGlobal a third revenue stream.
The sales will be reflected in SusGlobal's upcoming third-quarter earnings Hazout tells SCV's Stuart Smith, and the Company anticipates repeating this financial milestone annually. He also notes additional near-term corporate objectives, including uplisting to the NASDAQ and advancing its Hamilton processing facility to achieve a similar revenue pattern.
"It is very exciting times at the Company, and I think the market reflects that," Hazout says. "I think we're seeing the valuation continue to increase incrementally … We have the capacity to increase the amount of tonnage that we're processing and therefore it will reflect in an increase of carbon credits, we're able to generate more VERRs. When Hamilton is online in 2023, we'll register that facility to do the same thing and repeat it. We now have the expertise to do that."
The full interview can be heard at: https://www.smallcapvoice.com/october-interview-susglobal-snrg/.
About SusGlobal Energy Corp.
SusGlobal Energy Corp., the developer of SusGro™, an award winning and revolutionary pathogen free organic liquid fertilizer, is an industrial, environmental and agricultural biotechnology company focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste to energy and regenerative product applications globally. It is management's objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider and a trusted brand for the fertilizer, soil and aquaculture market, as LEADERS IN THE CIRCULAR ECONOMY®. For more information, please visit the Company's website at: https://SusGlobalEnergy.com
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Safe Harbor Statement
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's objectives. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, lack of sufficient financial resources; variations in market conditions, currency and our stock; the Company's ability to obtain any necessary permits, approvals, consents or authorizations required for its activities; the Company's ability to produce energy, biogas, compost or organic fertilizer from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company's filings with the U.S. Securities and Exchange Commission, which may be viewed at www.sec.gov.
SusGlobal Energy Corp.
Marc Hazout, President and CEO
(416) 223-8500 or Toll Free: 1-866-512-7374
Email: [email protected]
Stuart T. Smith