Sucro Ltd V.SUGR.WT

Primary Symbol: V.SUGR Alternate Symbol(s): SUGRF

Consumer Defensive Food Distribution

Sucro Limited is an integrated sugar company focused on serving the North American market. It offers SweetLife by Sucro Organic Cane Sugar, which is a new granulated organic cane sugar. With SweetLife by Sucro, it offers expanded industry solutions across multiple platforms, including facilities for processing and warehousing. SweetLife by Sucro also offers end-product conventional cane, organic sugar and other specialty sweetener products. It provides a variety of refining and sales of conventional and organic sugars, including Granulated Sugar and Liquid Sucrose. Its integrated supply chain includes refined sugar from its own refineries in the United States and Canada, along with sourcing raw and refined sugar from countries throughout Latin America and delivering to customers in North America and the Caribbean. It has established a production, sales and sourcing network throughout North America with two cane sugar refineries and an additional value-added processing facility.

TSXV:SUGR - Post by User

Sucro Ltd > 2.4 million Debentures news !!

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Comment by miscstuffon Apr 07, 2022 12:28am

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Post# 34582985

RE:2.4 million Debentures news !!

CravingProfits wrote: https://stockhouse.com/news/press-releases/2022/03/29/sugarbud-announces-2-4-million-marketed-public-offering-of-secured-convertible

The 1st time the company did this a few years ago, I said it was all over. If they did it once they would do it again. Now they are selling shares for .56 ea.

Don't believe me, try this: buy the debentures and immediately convert them to shares. You get to buy the shares for 1.39 each, but get 12% x 5 years interest (60%) "rebate". That means you pay 40% of $1.39 = .556 per share. Now tell how much the company gains, getting .56 per share minus public offering expenses.

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