SusGlobal Receives License Under the Aggregate Resources Act for a 2.66 Hectare Site Authorizing Removal of 20,000 Tonnes of Aggregate Annually
By:
SusGlobal Energy Corp. via
AccessWire
January 05, 2022 at 08:30 AM EST
All 20,000 tonnes of aggregate translates to an additional annual revenue opportunity ranging from $200,000 to $1,000,000 from SusGlobal's Belleville land holdings TORONTO, ON / ACCESSWIRE / January 5, 2022 / SusGlobal Energy Corp. ("SusGlobal" or the "Company") (OTCQB:SNRG), the developer of SusGro™, an award winning, revolutionary and pathogen free organic liquid fertilizer, today announced that its wholly-owned subsidiary SusGlobal Energy Belleville Ltd. ("SusGlobal Belleville") has received Licence # 2984, at Pt. Lot 20, Conc. 8, Geographic Township of Thurlow, City of Belleville, Hastings County, approved by The Ministry of Northern Development, Mines, Natural Resources and Forestry ("NDMNRF") to operate a pit above water under Section 18(3)1 of the Aggregate Resources Act ("ARA") for a 2.66 hectare site with a tonnage condition authorizing removal of 20,000 tonnes of aggregate annually from the site. "We are pleased to have received this sought after and valuable license for the production and sale of aggregate from the operation of a pit located on our 49-acre Belleville site adjacent to our Organic Waste Processing and Composting Facility," stated Marc Hazout, Executive Chairman, President and CEO of SusGlobal Energy Corp. "Using sustainable, environmentally and socially responsible methods for extraction, the aggregate will be sold under our own brand and translate to additional revenue on a yearly basis from our Belleville land holdings." About SusGlobal Energy Corp. Safe Harbor Statement CONTACT SOURCE: SusGlobal Energy Corp. View source version on accesswire.com: https://www.accesswire.com/681002/SusGlobal-Receives-License-Under-the-Aggregate-Resources-Act-for-a-266-Hectare-Site-Authorizing-Removal-of-20000-Tonnes-of-Aggregate-Annually More NewsView More
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