Third-party aerial flyover of Safe and Green Development Corporation’s compost processing facility in Myakka City, Florida Third-party aerial flyover of Safe and Green Development Corporation’s compost processing facility in Myakka City, Florida MIAMI, FL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SGD” or the “Company”) today announced that it has successfully implemented a 25% price increase on its recurring weekly compost purchase orders at its Myakka, Fl ...

Work on fully funded Rogue Project Prefeasibility Study ("PFS") underway, with extensive supporting fieldwork already completed in 2025 Wood Canada Limited appointed as lead engineering consultant, responsible for process plant design, infrastructure, capital and operating cost estimation, and overall study integration SRK Consulting (Canada) Inc. to lead the geoscience scope, including open-pit mine design and optimization, hydrogeology, water management, geochemistry, and geotechnical studies WSP Canada I ...

Core Insights - Safe and Green Development Corporation has secured delivery of the patented Micotec Mill, expected in March 2026, which will enhance its materials processing capabilities and support its strategy to expand in soil and environmental product lines [1][2][4] Group 1: Processing Capabilities - The Micotec Mill features a patented milling process that refines organic materials with precision, allowing for uniform particle sizing and improved material handling [2][4] - The installation of the Micotec Mill is anticipated to increase the production of high-quality soil and growing media products while improving internal manufacturing efficiency and reducing reliance on external refiners [3][6] Group 2: Strategic Positioning - The company holds exclusive rights to utilize the Micotec milling technology in the United States, enhancing its competitive edge in the environmental materials sector [4][5] - The integration of the Micotec Mill with existing processing systems, such as the Diamond Z Horizontal Grinder and Komptech Shredder, aims to create a comprehensive equipment suite that boosts material preparation and production capabilities [7][8] Group 3: Future Expansion - The first installation of the Micotec Mill will occur at the primary green waste facility in Myakka City, Florida, with potential for additional mills at other sites based on performance and market demand [6][8] - The company plans to begin commissioning and testing the Micotec Mill following its delivery, with updates to be provided in future quarterly communications [8]

Core Insights - Safe and Green Development Corporation has secured multiple purchase orders from a large U.S. distributor for wood fines produced at its Myakka, Florida site, indicating strong demand in specialty agriculture markets [1][2][3] Company Operations - The current weekly volume from the Myakka site is approximately $9,000, with expectations for orders to continue at this rate based on customer demand [2] - The wood fines are produced using the Company's high-capacity Diamond Z grinder system, which processes organic materials into various grades for commercial applications, including soils and horticultural products [2][3] - The Myakka site is expanding its customer base, supporting the Company's strategy to scale its engineered soils and organics recycling operations across key agricultural and turf markets [3][4] Market Position - The Company is experiencing strong interest in high-quality organic inputs from various sectors, including agriculture and specialty horticulture, which enhances its market position [4] - Engagements with established industry operators are expected to strengthen volume consistency, improve site throughput, and enhance operational efficiency [3][4] Future Growth - The Company is evaluating additional customer expansion opportunities as it increases capacity at the Myakka site and advances its broader engineered soils strategy across Florida [4]

Core Insights - Analysts at the Bank of Nova Scotia have expanded their list of stock recommendations following the announcement of six new major infrastructure projects by Prime Minister Mark Carney, adding to an initial five projects [1] Group 1: New Infrastructure Projects - The new projects include an electricity transmission corridor, a floating liquefied natural gas (LNG) terminal in northern British Columbia, a critical mineral mine in New Brunswick, a nickel mine in Ontario, a graphite mine in Quebec, and a hydro line to the Arctic [1] Group 2: Beneficiary Companies - Snowline Gold Corp. (TSX:SGD) may benefit from lower energy costs due to the B.C. electricity project [1] - Enbridge Inc. (TSX:ENB) is expected to play a role in the LNG terminal, potentially assisting in building a pipeline for the project [1] - Alberta gas companies such as AltaGas Ltd. (TSX:ALA), Keyera Corp. (TSX:KEY), and Pembina Pipeline Corp. (TSX:PPL) could also benefit from the LNG terminal [1] - TC Energy Corp. (TSX:TCL) may be involved in further large-scale pipeline investments in the region [1] Group 3: Engineering and Construction Stocks - Several engineering and construction companies have been highlighted, including AtkinsRealis Group Inc. (TSX:ATRL), Stantec Inc. (TSX:STN), and WSP Global Inc. (TSX:WSP) [1] - Equipment dealers such as Finning International Inc. (TSX:FTT) and Toromont Industries Ltd. (TSX:TIH) are also noted as potential beneficiaries [1] Group 4: Transportation Companies - Transportation companies like Canadian National Railway Co. (TSX:CNR) and Canadian Pacific Kansas City Ltd. (TSX:CP) may see upside from these infrastructure developments [1]

Core Points - Snowline Gold Corp has received the 2025 Robert E. Leckie Award for Responsible and Innovative Exploration and Mining Practices from the Government of Yukon [1] - The company has also been honored with the 2025 Community Award presented by the Yukon Chamber of Mines [1]

Acquisition and Strategic Development - Safe and Green Development Corporation completed the acquisition of Resource Group US Holdings LLC, marking a strategic shift towards engineered soils and organic recycling [196]. - The company plans to monetize real estate holdings by selling properties with significant value appreciation, reinvesting proceeds into operations [195]. - The company is focusing on developing sustainable single-family housing in Southern Texas through joint ventures and investments in AI technologies [195]. - The company intends to optimize and operate its legacy real estate assets while supporting the growth of Resource Group [197]. Financial Performance - For the three months ended September 30, 2025, the company generated revenues of $3,515,708, a significant increase of $3,434,498 compared to $81,210 for the same period in 2024, primarily due to the acquisition of Resource Group [209]. - For the nine months ended September 30, 2025, the company reported revenues of $4,936,388, an increase of $4,763,200 from $173,188 in 2024, driven by the Resource Group acquisition [216]. - Total payroll and related expenses for the three months ended September 30, 2025, were $1,038,146, up from $521,305 in 2024, reflecting an increase of $516,841 primarily due to the Resource Group acquisition [210]. - General and administrative expenses rose to $2,036,116 for the three months ended September 30, 2025, compared to $778,448 in 2024, an increase of $1,257,668 attributed to higher professional fees and impairment of intangible assets [212]. - The company incurred an operating loss of $2,332,305 for the three months ended September 30, 2025, compared to a loss of $1,390,763 in 2024 [208]. - Net loss for the nine months ended September 30, 2025, was $12,254,272, compared to a net loss of $7,378,464 for the same period in 2024 [224]. - Interest expense increased to $3,789,105 for the nine months ended September 30, 2025, from $2,583,053 in 2024, reflecting a rise of $1,206,052 due to higher notes payable [221]. - Cash used in operating activities was $188,060 for the nine months ended September 30, 2025, a decrease of $1,733,138 compared to $1,545,078 used in the same period in 2024 [225]. - Bad debt expense for the nine months ended September 30, 2025, was $3,025,000, a significant increase from $0 in 2024, due to uncertainty regarding the collectability of a note receivable [220]. Financial Condition and Risks - The company has expressed substantial doubt about its ability to continue as a going concern, highlighting risks in its financial condition [189]. - The company does not currently intend to pay dividends on its common stock, relying on stock price appreciation for shareholder returns [189]. - The company is subject to various risks, including potential development delays, supply chain disruptions, and legislative changes that could impact operations [190]. - The company has a high concentration of properties in certain states, which poses risks in its property portfolio [189]. Capital Raising Activities - In July 2025, the company raised approximately $560,422 by selling 309,691 shares of common stock at $0.9094 per share, along with warrants [198]. - The October 2025 private placement raised approximately $8.175 million from the issuance of 360,000 shares of Series B Non-Voting Convertible Preferred Stock [207]. Liquidity Position - The company had cash of $233,037 as of September 30, 2025, down from $296,202 at the end of 2024, indicating liquidity challenges [224].

Financial Performance - Revenue for Q3 2025 reached $3.5 million, a significant increase of over 4,200% year-over-year compared to approximately $81 thousand in Q3 2024[5] - Gross profit for Q3 2025 was $0.9 million, up from $81 thousand in Q3 2024, with a gross margin of approximately 26%, an increase from ~23% in Q2 2025[5] - Total revenue for the nine months ended September 30, 2025, increased to $4.9 million, representing year-over-year growth of more than 2,300% from $0.2 million in the prior-year period[6] - The net loss for the nine months ended September 30, 2025, was $(12.3) million, compared to $(7.4) million in 2024, influenced by non-recurring expenses related to acquisitions[6] - EBITDA for the nine months ended September 30, 2025, was $(7.8) million, compared to $(4.8) million in 2024, reflecting increased operational costs[7] Operational Developments - A major milestone was the full purchase of the Microtec milling system, expected to enhance profitability by enabling the production of high-margin growing media[3] - The company anticipates a streamlined operating structure by early 2026, with new equipment already boosting production and the Microtec mill set to expand output[4] - Management believes the strategic advancements will open significant new revenue opportunities and enhance profitability moving forward[12] Financial Outlook - Interest expense for the nine months ended September 30, 2025, was $3.8 million, an increase of $1.2 million from $2.6 million in the prior year[7] - The company expects continued revenue growth and margin strengthening as it prepares for the arrival of the Microtec mill[10]

Core Insights - Safe and Green Development Corporation reported record revenue growth and margin expansion for Q3 2025, driven by strong performance in engineered soils and logistics divisions [1][2] - The company achieved total revenue of $4.9 million for the nine months ended September 30, 2025, a significant increase from $0.2 million in the prior-year period, representing over 2,300% year-over-year growth [6] - A key strategic advancement is the full purchase of the Microtec milling system, expected to enhance profitability by enabling the production of high-margin growing media [3][4] Financial Performance - Q3 2025 revenue reached $3.5 million, a remarkable increase of over 4,200% compared to approximately $81 thousand in Q3 2024 [9] - Gross profit for Q3 2025 was $0.9 million, with a gross margin of approximately 26%, up from ~23% in Q2 2025 [9] - The nine-month net loss was $(12.3) million, compared to $(7.4) million in 2024, influenced by non-cash impairment and bad debt charges [6][7] Operational Developments - New equipment delivered to the Florida site is operational and expected to drive increased throughput and efficiency [2][4] - Integration expenses are anticipated to continue through Q4 2025, but a streamlined operating structure is expected by early 2026 [4] - The company is focused on establishing a scalable foundation for future growth, with expectations for continued revenue growth and margin strengthening as it heads into 2026 [11]

Core Insights - Safe and Green Development Corporation has fully satisfied and retired all outstanding convertible debt obligations, marking a significant achievement in strengthening the company's balance sheet [1][2] - The elimination of this debt enhances the company's financial flexibility and supports its long-term goal of building sustainable value for shareholders [2] Company Overview - Safe and Green Development Corporation is a real estate development and environmental solutions company formed in 2021, focusing on acquiring and investing in properties across the United States for future development into green housing projects [2] - The company wholly owns Resource Group US Holdings LLC, which operates an 80+ acre organics processing facility in Florida, processing source-separated green waste and expanding into sustainable potting media and soil substrates production [2]