EQS-News : SK global chemical to Acquire 10 -2-

property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding, (vi) building our manufacturing facility, (vii) our ability to scale, manufacture and sell our products in order to generate revenues, (viii) our proposed business model and our ability to execute thereon, (ix) adverse effects on the Company's business and operations as a result of increased regulatory, media or financial reporting scrutiny and practices, rumors or otherwise, (x) disease epidemics and health related concerns, such as the current outbreak of a novel strain of coronavirus (COVID-19), which could result in (and, in the case of the COVID-19 outbreak, has resulted in some of the following) reduced access to capital markets, supply chain disruptions and scrutiny or embargoing of goods produced in affected areas, government-imposed mandatory business closures and resulting furloughs of our employees, government employment subsidy programs, travel restrictions or the like to prevent the spread of disease, and market or other changes that could result in noncash impairments of our intangible assets, and property, plant and equipment, (xi) the outcome of the current SEC investigation or recent class action litigation filed against us, (xii) our ability to hire and/or retain qualified employees and consultants and (xiii) other factors discussed in our subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in our filings with the Securities and Exchange Commission ("SEC"). Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Media Contact

Loop Industries

Stephanie Corrente, Director of Marketing & Communications

[phone] ext. 226

[e-mail]

SK global chemical

Joon young Jeong, Professional Manager

SK Innovation | Value Creation Center

Media PR - Battery business

010-7659-5699

[e-mail]

Loop Industries Investor Relations

MZ Group - MZ North America

[phone]

[e-mail]

www.mzgroup.us -----------------------------------------------------------------------------------------------------------------------

[1] Source: Preliminary Life Cycle Assessment of Loop GEN II PET Depolymerization Technology, 2020. Equivalencies calculated using the United States Environmental Protection Agency Greenhouse Gas Equivalencies Calculator

23/06/2021 Dissemination of a Financial Press Release, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com

 
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June 23, 2021 17:00 ET (21:00 GMT)