Loop Announces Agreement To Sell Bécancour Site for CDN $18.5 Million (US $13.9 Million) and Cost Reduction Measures To Ensure Ongoing Liquidity

Dec 23, 2022

Combination of land sale and cost reduction measures provides close to 3 years of liquidity to finance operating activities prior to startup of large-scale commercial manufacturing facilities
Focus of commercialization strategy on prioritizing joint venture projects with SK geo centric "SKGC"
Loop management to hold update call: 11:00am ET, on Friday December 23rd, 2022

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