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Cub Energy Inc : Cub Energy Announces First Quarter Results

Cub Energy Inc.: Cub Energy Announces First Quarter Results Cub or the Company ) ( TSXV:KUB), a Ukraine-focused energy company, announced today its unaudited financial and operating results for the three months ended March 31, 2021. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from Kub-Gas LLC ( Kub-Gas ), which Cub has a 35% equity ownership interest, Tysagaz LLC ( Tysagaz ), Cub s 100% owned subsidiary and CNG LLC ( CNG ), which Cub has a 50% equity ownership interest. Patrick McGrath, Interim CEO of Cub said: We are pleased to report $709,000 in profit from our gas trading business during the first quarter which resulted in the Company reporting net income of $263,000 for the three months ended March 31, 2021. The key driver in the financial performance was the increase in the natural gas price to $5.90/mcf during the current quarter. We also had operational success with the installation of the two Jen

SusGlobal Energy Corp Reports First Quarter 2021 Financial Results

SusGlobal Energy Corp. Reports First Quarter 2021 Financial Results ACCESSWIRE TORONTO, ON / ACCESSWIRE / May 25, 2021 / SusGlobal Energy Corp. ( SusGlobal ) or (the Company ) (OTCQB:SNRG), the developer of SusGro ™, a revolutionary pathogen-free organic liquid fertilizer and LEADERS IN THE CIRCULAR ECONOMY®, today announced financial results for the first quarter ended March 31, 2021 and provided an update on its operational progress. Recent Highlights On February 10, 2021, the Company signed an Agreement of Purchase and Sale (the APS ) for certain assets for $3,578,400 (C$4,500,000), including a vendor take-back mortgage of $1,590,400 (C$2,000,000) at an annual interest rate of 2% maturing two years after closing. A deposit of $159,040 (C$200,000) was paid by the Company on February 10, 2021. The APS was amended on April 8, 2021, to revise the closing date to June 4, 2021, subject to successful completion of the due diligence process and the completion of the Phase II

SusGlobal Energy Corp Reports First Quarter 2021 Financial Results

SusGlobal Energy Corp Reports First Quarter 2021 Financial Results
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SusGlobal Energy Corp Reports First Quarter 2021 Financial Results

SusGlobal Energy Corp Reports First Quarter 2021 Financial Results
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