OTC-PINK:ROOOF

Northstar Receives First Long-Lead Equipment Item at Empower Calgary Facility

Retrieved on: 
Tuesday, April 30, 2024

VANCOUVER, BC and CALGARY, AB, April 30, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received its first long-lead equipment item, an advanced shingle grinding machine from Rotochopper Inc. (the "Rotochopper"), for its planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility").

Key Points: 
  • VANCOUVER, BC and CALGARY, AB, April 30, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received its first long-lead equipment item, an advanced shingle grinding machine from Rotochopper Inc. (the "Rotochopper"), for its planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility").
  • In line with the procurement, fabrication, and construction strategy for the Empower Calgary Facility, the Rotochopper was manufactured and assembled off site and delivered fully assembled to the Empower Calgary Facility.
  • The Rotochopper will be used in the yard at the Empower Calgary Facility to grind asphalt shingles for input to the shingle reprocessing process.
  • Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "The arrival of the Rotochopper, our first long-lead equipment item and major piece of process equipment, is an exciting milestone for our company.

Northstar Announces 2023 Financial Results

Retrieved on: 
Monday, April 29, 2024

Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "2023 and 2024 have represented a transformational time for the Northstar business.

Key Points: 
  • Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "2023 and 2024 have represented a transformational time for the Northstar business.
  • November 2023 – Placed orders for three major long-lead equipment items for the Empower Calgary Facility, totaling $3.3 million in value.
  • December 2023 – Announced the closing of the first tranche of the convertible debenture unit private placement for gross proceeds of $2.26 million.
  • The Company will host a virtual investor webcast to discuss these financial results and to provide a business update to the investment community on Tuesday, April 30, 2024, at 14:00 PDT / 17:00 EDT.

Northstar Announces Expected Timing of Reporting 2023 Annual Results and Details of Virtual Investor Webcast

Retrieved on: 
Thursday, April 25, 2024

These documents will also be available on the Company's website at www.northstarcleantech.com .

Key Points: 
  • These documents will also be available on the Company's website at www.northstarcleantech.com .
  • The Company will host a virtual investor webcast to discuss these financial results and to provide a business update to the investment community on Tuesday, April 30, 2024, at 14:00 PDT / 17:00 EDT.
  • Details are provided below.
  • Approximately two hours after the Q&A session has ended, an archived version of the webcast will be available via the webcast URL above.

Northstar Receives Second Government Grant of $100,000 from Alberta Innovates for Engineering Costs of Empower Calgary Facility

Retrieved on: 
Wednesday, April 24, 2024

The Company received approval in March 2022 for a non-repayable $200,000 grant for the direct engineering costs of the Calgary Empower Facility under Alberta Innovates' Bioenergy Program.

Key Points: 
  • The Company received approval in March 2022 for a non-repayable $200,000 grant for the direct engineering costs of the Calgary Empower Facility under Alberta Innovates' Bioenergy Program.
  • Mr. Aidan Mills, President & CEO and Director of Northstar, stated, "Alberta Innovates was the first public organization to support Northstar – recognizing the potential of and providing funding for the engineering of our first-of-its-kind facility.
  • Having now completed the detailed design phase of our Empower Calgary Facility, and having Alberta Innovates recognize this accomplishment with their second government grant is very complimentary to the Company.
  • The support of Alberta Innovates has been very welcome, and we look forward to delivering our first commercial facility that merits their support."

Northstar Receives First Delivery of Asphalt Shingles from Ecco Recycling at Empower Calgary Facility

Retrieved on: 
Monday, April 22, 2024

VANCOUVER, BC and CALGARY, AB, April 22, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received the first delivery of waste shingles to its planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility") as part of a three-year supply agreement with Ecco Recycling & Energy Corporation ("Ecco Recycling"), a leading Calgary-based waste diversion provider.

Key Points: 
  • VANCOUVER, BC and CALGARY, AB, April 22, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received the first delivery of waste shingles to its planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility") as part of a three-year supply agreement with Ecco Recycling & Energy Corporation ("Ecco Recycling"), a leading Calgary-based waste diversion provider.
  • The supply agreement with Ecco Recycling was previously announced by the Company on April 18, 2024.
  • This first delivery from Ecco Recycling is part of Northstar's broader 2024 shingle collection plan.
  • Northstar now has two supply agreements in place and will continue to work with other shingle supply partners for the Empower Calgary Facility.

Northstar Receives C$1.34 Million from ERA in Grant Funding Following Approval of First Milestone

Retrieved on: 
Monday, April 15, 2024

VANCOUVER, BC and CALGARY, AB, April 15, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received C$1,340,722 from the Government of Alberta's TIER Fund through Emissions Reduction Alberta ("ERA") following the approval of the Company's formal submission related to the first milestone for the non-repayable project-level government grant.

Key Points: 
  • VANCOUVER, BC and CALGARY, AB, April 15, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received C$1,340,722 from the Government of Alberta's TIER Fund through Emissions Reduction Alberta ("ERA") following the approval of the Company's formal submission related to the first milestone for the non-repayable project-level government grant.
  • This payment is the first of four funding milestones for the planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility") as part of the executed Contribution Agreement of up to C$7.088 million.
  • For more information on ERA and its proposed Empower Calgary Facility funding, please see the Company's news releases dated April 8, 2024 and February 13, 2023 filed under its profile on SEDAR+ .

NORTHSTAR RECEIVES ERA APPROVAL FOR GRANT FUNDING MILESTONE FOLLOWING COMPLETION OF DETAILED ENGINEERING DESIGN

Retrieved on: 
Monday, April 8, 2024

As a result of ERA's approval, the payment for the first milestone has been submitted for processing and the Company expects to receive payment from ERA in the near future.

Key Points: 
  • As a result of ERA's approval, the payment for the first milestone has been submitted for processing and the Company expects to receive payment from ERA in the near future.
  • Completion of detailed design was a significant milestone for the project and delivering the additional requirements of the greenhouse gas MMV and the Technical Transfer and Commercialization Plan are important fundamental building blocks of the Northstar strategy."
  • "The independent approval by ERA on these important requirements is a tremendous vote of confidence by a world class institution that is at the forefront of funding clean technology solutions," continued Mr. Mills.
  • "It is an exceptionally exciting time for our Company as we move forward with our first commercial facility."

Northstar Receives First Delivery of Asphalt Shingles from IKO Industries at Empower Calgary Facility

Retrieved on: 
Thursday, January 18, 2024

VANCOUVER, BC and CALGARY, AB, Jan. 18, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received the first delivery of manufacturing waste shingles to its planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility"), as part of the five-year supply agreement with IKO Industries Ltd. ("IKO"), Canada's leading asphalt shingle manufacturer.

Key Points: 
  • VANCOUVER, BC and CALGARY, AB, Jan. 18, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has received the first delivery of manufacturing waste shingles to its planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility"), as part of the five-year supply agreement with IKO Industries Ltd. ("IKO"), Canada's leading asphalt shingle manufacturer.
  • The Company will be paid a tipping fee by IKO on a per tonne basis for the waste shingles, thus representing the Company's first revenue from the Empower Calgary Facility.
  • We expect to continue receiving shingles from IKO and other Calgary area shingle supply sources as we gradually build up inventory for commissioning and future processing for the Empower Calgary Facility."
  • Caption: First delivery of IKO manufacturing waste shingles (photo taken January 17, 2024)
    Caption: First delivery of IKO manufacturing waste shingles (photo taken January 17, 2024)

Northstar Clean Technologies and IKO Industries Announce Five-year Manufacturing Waste Asphalt Shingle Supply Agreement for Northstar's Empower Calgary Facility

Retrieved on: 
Monday, January 8, 2024

VANCOUVER, BC and CALGARY, AB, Jan. 8, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company"), a Canadian-based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles, and IKO Industries Ltd. ("IKO"), Canada's leading asphalt shingle manufacturer, are pleased to announce that IKO and Northstar, through its wholly-owned subsidiary Empower Environmental Solutions Calgary Ltd. (together, the "Parties") have signed a binding five-year manufacturing waste asphalt shingle supply agreement (the "Supply Agreement") for Northstar's planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility").

Key Points: 
  • VANCOUVER, BC and CALGARY, AB, Jan. 8, 2024 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company"), a Canadian-based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles, and IKO Industries Ltd. ("IKO"), Canada's leading asphalt shingle manufacturer, are pleased to announce that IKO and Northstar, through its wholly-owned subsidiary Empower Environmental Solutions Calgary Ltd. (together, the "Parties") have signed a binding five-year manufacturing waste asphalt shingle supply agreement (the "Supply Agreement") for Northstar's planned asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility").
  • Under the terms of the Supply Agreement, IKO will supply all their manufacturing waste asphalt shingles produced at their Calgary facility to Northstar, diverting shingles that would otherwise be destined for landfills.
  • The shingles will be reprocessed at Northstar's Empower Calgary Facility for an initial term of five years with mutual extension options.
  • We are delighted to have partnered with IKO, the Canadian leader in shingle manufacturing, to divert the manufacturing waste from their Calgary facility away from landfills to be reprocessed at our Empower Calgary Facility."

Northstar Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 29, 2023

August 2023 – Announced the 2023 Annual General and Special Meeting ("AGSM") results and subsequently appointed the TAMKO nominee, Mr. Jeffrey Beyer, to the Northstar Board of Directors.

Key Points: 
  • August 2023 – Announced the 2023 Annual General and Special Meeting ("AGSM") results and subsequently appointed the TAMKO nominee, Mr. Jeffrey Beyer, to the Northstar Board of Directors.
  • September 2023 – Hosted a site opening event at the Empower Calgary Facility attended by government representatives, members of industry, and Northstar executives.
  • October 2023 - Commenced detailed engineering design for the Empower Calgary Facility alongside its engineering contractor BBA Engineering Ltd. ("BBA").
  • The Company will host a virtual investor webcast to discuss these financial results and to provide a business update to the investment community later today, Wednesday, November 29, 2023, at 14:00 PDT / 17:00 EDT.