SustainCo Announces Secured Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 15, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") is pleased to announce a non-brokered private placement of 2020 Series A secured convertible debentures of the Company (each, a "Debenture"), to raise up to $2,000,000 (the "Offering"). Each $1,000 principal amount of Debentures will be issued 10,000 common share purchase warrants (each, a "Warrant"). The principal amount of the Debentures will be repaid, in cash, by the Company on...
2020-06-15 8:00 AM EDT
SustainCo Announces Resignation of Emlyn David and Appointment of Chris Hazelton as CEO
Toronto, Ontario--(Newsfile Corp. - June 10, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") announces today that Emlyn David has resigned as a director and Chief Executive Officer of the Company. Chris Hazelton, the Chief Financial Officer of the Company, has been appointed the Chief Executive Officer and to the board of directors. In addition, Keith Li of Branson Corporate Services Inc., has been appointed as Chief Financial Officer of the Company to replace Chris Hazelton...
2020-06-10 7:01 PM EDT
SustainCo Signs Definitive Agreement to Sell Clean Energy
Toronto, Ontario--(Newsfile Corp. - April 15, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") announces today that the Company has entered into a definitive agreement (the "Agreement") with Groundheat Solar Wind Corp. (the "Purchaser") that provides for the sale (the "Transaction") of all of the issued and outstanding shares of its wholly-owned subsidiary, Clean Energy Developments Corp. ("CED"), in consideration for which the Purchaser will pay SustainCo an aggregate...
2020-04-15 7:45 AM EDT
SustainCo Inc. Announces 2020 Annual General Meeting Postponed
Toronto, Ontario--(Newsfile Corp. - March 24, 2020) - SustainCo Inc. (TSXV: SMS) (the "Company" or "SustainCo") announced today that as the COVID-19 outbreak continues to evolve and the health and safety of our staff and shareholders is our most important priority, it has determined to postponed its annual general meeting of shareholders scheduled for April 27, 2020. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of...
2020-03-24 10:22 AM EDT