Welcome to our dedicated page for NORTHSTAR CLEAN TECHN news (Ticker: $ROOOF), a resource for investors and traders seeking the latest updates and insights on NORTHSTAR CLEAN TECHN stock.
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Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) and IKO Industries Ltd. have signed a five-year manufacturing waste asphalt shingle 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.
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17.65%
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Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) announced securing $8.75 million in senior secured project debt, a $10 million strategic investment from TAMKO, and a $7.088 million government grant for the Empower Calgary Facility. The company also hosted a successful site opening event and announced orders for major equipment items. Additionally, they disclosed a private placement of up to $3.5 million. The third quarter of 2023 marked a significant milestone for Northstar, with over $16 million in non-dilutive funding secured for the Empower Calgary Facility.
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1.91%
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Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) will release its unaudited quarterly financial statements and MD&A for the three months ended September 30, 2023, on November 29, 2023, after market close. The company will also host a virtual investor webcast on the same day to discuss the financial results and provide a business update.
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Northstar Clean Technologies Inc. has placed orders for three major pieces of equipment for its asphalt shingle reprocessing facility in Calgary. The total value of the orders is approximately C$3.3 million. The ordered items are expected to help maintain project timelines.
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Northstar Clean Technologies has started detailed engineering design for its asphalt shingle reprocessing facility in Calgary, Alberta. The company has completed all prerequisite milestones and expects to begin procurement of long-lead equipment soon. The design process includes reviews by industry experts to ensure compliance and best practices. The facility will focus on the recovery and reprocessing of asphalt shingles, extracting components for reuse in various applications.
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Northstar Clean Technologies Inc. held a site opening event for its first commercial facility for reprocessing asphalt roofing shingles in Greater Calgary, Alberta. The CEO of Emissions Reduction Alberta praised Northstar's technology solution for providing clean, sustainable processing solutions to the construction industry. The President & CEO of Calgary Economic Development Corp. highlighted Northstar's choice to locate in the Calgary region as a positive for the business environment. Northstar aims to be the leading provider of reprocessing asphalt shingles in North America and contribute significantly to Alberta's circular economy.
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-8.74%
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Northstar Clean Technologies Inc. announces participation in upcoming September conferences.
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Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) has completed site development work at the industrial-zoned property of 3.98 acres in Rocky View County, Alberta. The Company has taken occupancy of the Empower Calgary Facility and issued restricted share units, performance share units, and stock options to officers, key employees, and Mr. Aidan Mills, President & CEO.
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Northstar Clean Technologies announces $8.75 million credit agreement with BDC and $10 million strategic investment from TAMKO
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-10.18%
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Northstar Clean Technologies Inc. announced that all matters put forward to its shareholders at the annual general and special meeting were duly approved. The board of directors agreed to increase the size of the Board from 6 to 7 directors and appointed a new director, Mr. Jeffrey D. Beyer. The Company entered into an investor rights agreement with TAMKO Building Products LLC in connection with a strategic investment.
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