Loop Industries, Inc. (OTCMKTS:LLPP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

Effective November 21, 2016, the board of directors of Loop
Industries, Inc., a Nevada corporation (the Company), appointed
Jay Stubina as a director of the Company.

Jay Stubina, age 55

Director

In 1998, Mr. Stubina, co-founded Continent8 Technologies in 1998,
where he is currently responsible for company operations and
sales. Continent8 Technologies operates data centers in Europe,
North America and Asia. In 1985, Mr. Stubina obtained a Bachelor
of Commerce degree, with a major in Accountancy, from Concordia
University, of Montreal, Canada. In 1987, Mr. Stubina obtained a
Chartered Accountant certificate from McGill University, and
maintains a Chartered Professional Accountant license in Canada.

Mr. Stubinas knowledge of and experience in finance, technology
implementation in businesses and data management led to our
conclusion that he should serve as a director in light of our
business and structure.

Mr. Stubina is, indirectly, the holder of 37,500 shares of common
stock of the Company, and a warrant, dated March 18, 2016, to
purchase 75,000 shares of common stock of the Company, at an
exercise price of $6.00 per share, for a term of two years.

Mr. Stubina has entered into an Indemnification Agreement, dated
November 23, 2016, with the Company, to which the Company has
agreed to indemnify Mr. Stubina for claims against him that may
arise in connection with the performance of his duties as a
director of the Company.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

About Loop Industries, Inc. (OTCMKTS:LLPP)

Loop Industries, Inc., formerly First American Group Inc., is a manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The Company is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology. Its technology uses waste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to process. These feedstocks are available through municipal triage centers, industrial recycling and landfill reclamation projects. The Company operates in the United States and Canada. The Company focuses on depolymerizing waste plastics and converts them into valuable chemicals, ready to be reintroduced into the manufacturing of virgin plastics.

Loop Industries, Inc. (OTCMKTS:LLPP) Recent Trading Information

Loop Industries, Inc. (OTCMKTS:LLPP) closed its last trading session up +0.35 at 4.10 with shares trading hands.