Northstar Clean Technologies Inc. reports company news centered on its waste-to-value asphalt shingle recovery business and the ramp-up of the Empower Calgary commercial facility. Updates cover the processing of post-consumer and manufactured waste shingles, production of liquid asphalt and solid asphalt pellets, recovery of aggregate and fiber, and sales or supply arrangements tied to reusable asphalt and construction-material inputs.
Northstar news also includes financial and operating results, facility throughput milestones, working-capital initiatives, debenture and warrant financings, private placements, strategic updates, and governance or capital-structure disclosures. These developments reflect the company’s focus on commercializing its proprietary process for reprocessing discarded asphalt shingles into reusable components.
Northstar Clean Technologies (OTCQB: ROOOF) completed a second closing of unsecured debentures raising $1,000,000 on January 28, 2026. Units consist of $5,000 face value debentures with 2,500 detachable warrants, a 9.0% coupon, and 36-month warrant terms.
Proceeds will fund the ramp-up of operations at Empower Calgary and general corporate purposes; securities are subject to a four-month-and-one-day hold and final TSXV acceptance.
Northstar Clean Technologies (ROOOF) entered a non-binding agreement to lease a 54,000 sq ft building plus 3 acres in Baltimore, MD for its first U.S. commercial facility. The 10-year lease begins July 1, 2026 with rent from Oct 1, 2026 and three separate five-year renewal options. Northstar expects permitting underway and operations to commence in H2 2027. The site was selected for access to shingle supply, regional economics and proximity (50 miles) to strategic partner TAMKO, which agreed to buy the majority of asphalt product from Northstar's first four U.S. facilities. Separately, Northstar issued 1,112,959 shares to settle $281,625 of debenture interest; insiders receive 314,702 shares. Nearly $2.5M of convertible debentures have been converted to date.
Northstar Clean Technologies (TSXV: ROOF / OTCQB: ROOOF) completed its first sale of liquid asphalt produced from waste shingles to McAsphalt Industries on Dec 23, 2025. The shipment is the company’s first revenue-generating transaction from the newly constructed Empower Calgary Facility. Northstar said McAsphalt supported planning, testing, construction and commissioning of the facility.
Northstar is advancing operations at Empower Calgary and expects regular commercial sales under the McAsphalt offtake agreement starting January 2026, marking a step toward profitable operations.
Northstar Clean Technologies (TSXV: ROOF; OTCQB: ROOOF) announced initiatives that add $1.74 million to working capital ahead of 2026. The company closed a first-tranche non-brokered unit financing raising $1.0 million via 200 debenture units ($5,000 face value) carrying a 9.0% coupon, detachable warrants exercisable at $0.395 for 36 months, and a four‑month-and-a‑day hold period ending April 6, 2026. Interest may be paid in cash or common shares at the ten‑day VWAP prior to each payment date. Closing is subject to final TSXV acceptance.
Northstar also received $735,000 as ERA Milestone 3 funding after achieving 80 tonnes/day at Empower Calgary and is pursuing the final ERA milestone (part of a $7.1M grant) totaling about $1.2M.
Northstar Clean Technologies (TSXV: ROOF / OTCQB: ROOOF) reported Q3 2025 financials and an operational update on November 25, 2025, and will host a webcast the same day at 14:30 MDT / 16:30 EDT.
Key operational milestones: first run of liquid asphalt (July 10, 2025) confirming commissioning of processing units; first solid asphalt pellets produced (Sept 10, 2025); and a new US patent for limestone recovery extending to 2045, adding a fourth revenue product line.
Selected financials: Q3 loss of CAD 3,947,979 and nine-month loss of CAD 10,028,031; Q3 capex CAD 1,665,409; working capital deficit CAD (3,814,324); financing includes a $3.6M private placement, convertible debentures CAD 9,050,000 and a royalty debenture CAD 15,512,175.
Northstar (TSXV: ROOF / OTCQB: ROOOF) announced a five-year contract with The City of Calgary to receive and reprocess city-collected asphalt shingles at its Empower Calgary Facility, starting April 2026. The Facility opened Nov 12, 2025 and can operate 40,000 tonnes/year on one shift or up to 80,000 tonnes/year on two shifts using Northstar's BEST technology.
The site recovers liquid asphalt, aggregate, fibre and limestone, claims ~60% lifecycle CO₂ reduction, employs up to 30 full-time staff, and benefited from >$7.2M in public support from ERA and Alberta Innovates.
Northstar Clean Technologies (TSXV: ROOF / OTCQB: ROOOF) announced its Empower Calgary Facility reached a key operational milestone by processing over 80 tonnes per day of asphalt shingle feedstock on Oct 28, 2025.
This achievement completes Milestone 3 under Emission Reduction Alberta's grant and makes the company eligible to receive over $700,000 from ERA. Northstar expects to transition the Facility to steady-state commercial operations with product revenue generation anticipated in the following weeks.
Management stated the result de-risks the technology and informs optimization and deployment of future facilities.
Northstar Clean Technologies (OTCQB: ROOOF) has announced the successful separation and recovery of limestone from asphalt shingles, establishing its fourth product line alongside existing lines of liquid/pelletized asphalt, aggregate, and fibre/fibreglass. The company has secured a new U.S. patent for its limestone recovery process, valid until 2045.
The limestone extraction process enhances the quality of Northstar's final asphalt product while adding a new revenue stream. This development builds upon the company's existing patents in the United States and Canada, with ongoing efforts to secure additional patent protection internationally.
Northstar Clean Technologies (OTCQB: ROOOF) announced its participation in the upcoming MicroCap Rodeo Conference in New York City. CEO Aidan Mills will present on Thursday, September 25, 2025 at 10:30am ET, discussing the company's operational highlights, growth initiatives, and strategic direction.
The presentation will be available via live webcast, and management will be available for one-on-one meetings with approved investors. Interested parties can register to watch the virtual presentation through the company's webcast link or at microcaprodeo.com.
Northstar Clean Technologies (TSXV: ROOF, OTCQB: ROOOF) announced a significant technological breakthrough at its Empower Calgary Facility, successfully producing liquid asphalt from end-of-life tear-off shingles and converting it into solid pellets. This achievement follows their July 2025 milestone of processing manufacturing waste shingles.
The company has now demonstrated its proprietary technology's capability to process both major types of waste shingles - tear-offs and manufacturing waste - into high-quality liquid asphalt. Independent third-party lab results have confirmed the high-quality specifications of the asphalt produced from both feedstock types.
This development is particularly significant as tear-off shingles, which are typically sent to landfills, represent the largest portion of the shingle waste stream. The successful pelletization of the recovered asphalt enables global market access through improved logistics of the solid form product.