SUG Sucro Limited

CORAL GABLES, Fla., June 7, 2024 /CNW/ - Sucro Limited (TSXV: SUG) (OTCQB: SUGCF) ("Sucro" or the "Company"), an integrated sugar refiner focused primarily on serving the North American sugar markets, today announced that, subject to regulatory approval, it has retained Renmark Financial Communications USA Inc. ("Renmark") as its new investor relations firm to develop and implement an investor relations program for the Company, including investor communications, distribution of corporate information, and market research and feedback.

Under the agreement between Renmark and Sucro (the "Agreement"), the Company has agreed to pay Renmark a monthly fee of US$7,000 and to reimburse Renmark for all pre-approved expenses reasonably incurred in the performance of its services. The initial term of the Agreement is seven months commencing, and may terminated by the Company on completion of the initial term or thereafter by written notice. Notwithstanding the foregoing, Renmark shall have the right to terminate the Agreement at any time upon 30-days prior written notice. Renmark will not receive any shares or options of the Company as compensation.

Sucro and Renmark are unrelated and unaffiliated entities. Renmark has informed the Company that neither it nor its principals have any interest, directly or indirectly, in Sucro or any securities of Sucro nor any right or intent to acquire such an interest.

Renmark is a full-service investor relations firm representing small, medium, and large cap public companies trading on all major North American exchanges. Renmark facilitates connections between their clients and key stakeholders in order to assist their clients in efficiently achieving their milestones. Renmark has offices in Toronto, Montreal, New York, and Atlanta.

Sucro is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customers. Sucro's integrated supply chain includes sourcing raw and refined sugar from countries throughout Latin America, and refined sugar from its own refineries, and delivering to customers in North America and the Caribbean. Since its inception in 2014, Sucro has achieved significant growth by creating value for customers through continuous process innovation and supply chain re-engineering. Sucro has established a broad production, sales, and sourcing network throughout North America with two cane sugar refineries and an additional value-added processing facility. The Company has offices in Miami, Mexico City, Cali, Sao Paulo, and Port of Spain. For more information, visit sucro.us and follow us on LinkedIn.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Sucro Limited