SustainCo Announces Name Change and New Ticker Symbol
Toronto, Ontario--(Newsfile Corp. - November 27, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") announces today that, further to its press release dated November 10, 2020, it has changed its name from "SustainCo Inc." to "Universal PropTech Inc." At the opening of the markets on December 1, 2020, the Company's common shares will commence trading under the new name Universal PropTech Inc. and the new ticker symbol "UPI". The Company's new CUSIP number is 91380M100 and its...
2020-11-27 11:28 AM EST
SustainCo Inc. Launches AGORACOM Platform for Online Marketing and Awareness Program
Toronto, Ontario--(Newsfile Corp. - November 23, 2020) - SustainCo Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc. (the "Company"), is pleased to announce the launch of a 14-month online marketing campaign through AGORACOM. The Company will receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing during the term of the agreement. The Company HUB containing multiple landing pages, videos, photos...
2020-11-23 5:00 PM EST
SustainCo Inc. Enters into Agreement for Proprietary Face and Temperature Recognition Software Tech
Toronto, Ontario--(Newsfile Corp. - November 23, 2020) - SustainCo Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc. (the "Company"), is pleased to announce that it has entered into a Collaboration and Commercialization Agreement with Delta-X Global Corp. to bring their Proprietary Face and Temperature Recognition software technology, Delta-XTM Trust, to market. Facility owners and front-line workers are dealing with an extraordinary increased security and health risks of...
2020-11-23 12:42 PM EST
SustainCo Inc. Announces the Formation of an Advisory Board Focused on Acquisitions and Development of PropTech
Toronto, Ontario--(Newsfile Corp. - November 16, 2020) - SustainCo Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc. (the "Company") is pleased to announce that the Board of Directors has approved the formation of an Advisory Board on future acquisitions and development of proptech solutions. The Advisory Board will focus on identifying and assessing the development of proptech solutions as well as acquisition targets that support the growth of the Company. The Advisory Board...
2020-11-16 4:30 PM EST
SustainCo Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - November 11, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") announces today that it is undertaking a proposed non-brokered private placement (the "Offering") of up to 2,500,000 units of the Company ("Units") at a price of $0.20 per Unit, for aggregate gross proceeds of up to $500,000. Each Unit will be comprised of one common share (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each...
2020-11-11 7:41 AM EST
SustainCo Announces Results of Voting at Annual General Meeting and Filing of Early Warning Reports
Toronto, Ontario--(Newsfile Corp. - November 10, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated October 2, 2020. Chris Hazelton, Al Quong and Dan Cohen were elected directors of the Company. MNP LLP was re-appointed auditors of the...
2020-11-10 5:00 PM EST
SustainCo Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - October 27, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company" announces today that it has granted an aggregate of 270,000 options to officers and a director of the Company pursuant to the Company's stock option plan. The stock options vest in the following schedule: 30% immediately, 35% on the six-month anniversary of grant; and 35% on the one year anniversary of grant, and may be exercised at a price of $0.30 for a period of three years from...
2020-10-27 4:30 PM EDT
SustainCo Inc. Proposes Name Change to Universal PropTech Inc. at Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - October 13, 2020) - SustainCo Inc. (TSXV: SMS) (the "Company" or "SustainCo") announces that it will hold an Annual General Meeting ("AGM") and Special Meeting of Shareholders on November 10, 2020. Among other AGM items, shareholders are being asked to approve the name change to Universal PropTech Inc., in keeping with its broadened focus on proptech in healthy building solutions and services. PropTech is digitally transforming real estate through...
2020-10-13 4:30 PM EDT
SustainCo Inc. Broadens Focus Seeking Additional Proptech for Healthy Building Solutions and Services Offering
Toronto, Ontario--(Newsfile Corp. - October 5, 2020) - SustainCo Inc. (TSXV: SMS) (the "Company" or "SustainCo") is pleased to announce that it is seeking to expand its service and product offerings to include additional proptech solutions for healthy building solutions and services. Proptech - real estate technologies focused on building operational efficiency, services and safety - is digitally transforming real estate through innovation in commercial, industrial and residential sectors....
2020-10-05 7:00 AM EDT
SustainCo Inc. Announces Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - August 26, 2020) - SustainCo Inc. (TSXV: SMS) (the "Company" or "SustainCo") announces that it has granted stock options for a total of 600,000 common shares of the Company to officers, directors, consultants and employees of the Company. The stock options are exercisable at $0.20 per share and will expire on August 26, 2023. The stock options vest over a 12-month period following the date of grant and are governed by the terms of the Company's stock option...
2020-08-26 8:00 AM EDT
SustainCo Announces Board Change
Toronto, Ontario--(Newsfile Corp. - July 28, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") announces today that Al Quong has been appointed to the Company's board of directors. The Company also announces the resignation of Michael Galloro due to his growing business ventures outside of the Company. Mr. Hazelton, CEO of SustainCo commented "Michael has been a long-lasting member of our board and we appreciate his contributions during his tenure. We wish him all the best in...
2020-07-28 1:56 PM EDT
SustainCo Announces Closing of Secured Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - July 14, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement (the "Offering"), consisting of $1,059,942 aggregate principal amount of 2020 Series A secured convertible debentures of the Company (each, a "Debenture"). The principal amount of the Debentures will be repaid, in cash, by the Company on the third anniversary of issuance ("Maturity") and...
2020-07-14 5:00 PM EDT
SustainCo Announces Sale of Control Block
Toronto, Ontario--(Newsfile Corp. - June 18, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company" announces today that associated parties, who collectively owned 8,994,899 common shares of the Company (the "Subject Shares"), which represented a control position in the Company, have sold the Subject Shares to third party purchasers (the "Transaction") for an aggregate purchase price of $250,058. None of the purchasers of the Subject Shares holds greater than 20% of the issued and...
2020-06-18 6:27 PM EDT
CORRECTION FROM SOURCE: SustainCo Announces Secured Convertible Debenture Financing
Toronto, Ontario--(Newsfile Corp. - June 16, 2020) - SustainCo Inc. (TSXV: SMS) ("SustainCo" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of 2020 Series A secured convertible debentures of the Company (each, a "Debenture"), to raise up to $1,000,000 (the "Offering"), with an option for the Company to increase the size of the Offering up to $1,500,000. Each $1,000 principal amount of Debentures will be issued 10,000 common share purchase warrants...
2020-06-16 8:20 AM EDT
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