SustainCo Inc.

Recent News

  • 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 innovation in commercial, industrial and residential sectors....

    2020-10-13 4:30 PM ET
  • 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. Artificial intelligence, machine learning, big data, Internet of...

    2020-10-05 7:00 AM ET
  • 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...

    2020-08-26 8:00 AM ET
  • 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...

    2020-07-28 1:56 PM ET
  • 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 will carry an interest rate of 12%...

    2020-07-14 5:00 PM ET
  • 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 outstanding Common Shares...

    2020-06-18 6:27 PM ET
  • 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 (each, a "Warrant").The...

    2020-06-16 8:20 AM ET
  • 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 the third anniversary...

    2020-06-15 8:00 AM ET