Welcome to our dedicated page for Northstar Clean news (Ticker: ROOOF), a resource for investors and traders seeking the latest updates and insights on Northstar Clean stock.
Northstar Clean Technologies Inc. (ROOOF) is a leader in sustainable asphalt shingle reprocessing, transforming construction waste into reusable industrial materials. This page serves as the definitive source for official company updates and press releases, providing stakeholders with critical insights into operational developments and market positioning.
Investors and industry observers will find timely information on technology innovations, strategic partnerships, and sustainability milestones. The curated news collection enables tracking of patent advancements, feedstock supply agreements, and progress toward circular economy objectives.
All content undergoes rigorous verification to ensure accuracy and relevance. Users can expect updates covering facility expansions, material recovery rates, and industry certifications, presented in clear, accessible language. The archive supports informed decision-making by highlighting ROOOF's role in reducing construction sector waste.
Bookmark this page for direct access to primary source materials from Northstar Clean Technologies. Regular visits provide a comprehensive view of the company's evolving position within the clean technology and industrial recycling sectors.
Northstar Clean Technologies (TSXV: ROOF) (OTCQB: ROOOF) has announced that its subsidiary, Empower Environmental Solutions Hamilton, has signed a non-binding letter of intent (LOI) with YORK1 Environmental Waste Solutions for waste roofing shingle supply and co-location of facilities at the planned Empower Hamilton Facility in southwestern Ontario.
The LOI, which expires on December 31, 2025, is expected to transition into a definitive agreement by June 30, 2025. Under the initial arrangement, Empower Hamilton anticipates receiving up to 10,000 tonnes of asphalt shingles annually from YORK1 facilities, with potential for increased supply volumes over time.
Northstar Clean Technologies (TSXV: ROOF) (OTCQB: ROOOF) has announced its participation in two upcoming conferences in February 2025. The company will attend FCM's Sustainable Communities Conference 2025 from February 10-13, where Chief Legal and Administrative Officer Kellie Johnston will be present at Booth #22 in the Fredericton Convention Centre.
Additionally, CEO Aidan Mills will present at the Kinvestor Mining & Energy Conference (KME25) on February 12, 2025, at 8:40 AM PT. This virtual event features innovative small and mid-cap companies in the mining and energy sectors, including a roundtable discussion on 'Resources in a Time of Transition.'
The company recently participated in two January 2025 events: the AlphaNorth Capital Event (January 17-19) and Cleantech Forum North America (January 27-29). Mr. Mills' Innovation Showcase presentation from the Cleantech Forum is available on Northstar's website.
Northstar Clean Technologies (TSXV: ROOF, OTCQB: ROOOF) has released the third episode of its construction and commissioning updates video series for the Empower Calgary Facility, its inaugural asphalt shingle reprocessing facility in Calgary, Alberta. The video features President & CEO Aidan Mills and HSE Coordinator Julia Johnson discussing the facility's Health, Safety & Environment protocols, construction status, and critical steps toward commissioning and start-up. The episode is available on the company's YouTube channel.
Northstar Clean Technologies (TSXV: ROOF) has signed a non-binding letter of intent with Great Lakes Port Management for a long-term lease in Hamilton, Ontario. The lease, spanning 15 years with three 5-year extension options, includes a suitable operating building and a 4-acre site for the planned Empower Hamilton Facility. The facility aims to divert 40,000 to 80,000 tonnes of asphalt shingle waste annually from southern Ontario's landfills. The location was chosen for its strong partnership with HOPA, proximity to major industry partners, and access to significant feedstock supply from Hamilton's population of 785,000 and the Greater Toronto Area's 7+ million residents.
Northstar Clean Technologies (TSXV: ROOF) reported its Q3 2024 financial results, highlighted by a $14.0 million royalty transaction with CVW CleanTech. The company continued developing its Empower Calgary Facility, completing procurement and equipment testing. Financial highlights include a cash balance of $15.5 million, cumulative capital expenditures of $15.1 million for the Empower Calgary Facility, and revenue of $165,000. The company secured two draws from BDC's project loan facility totaling $4.3 million and received a patent from CIPO for its asphalt shingle reprocessing technology.
Northstar Clean Technologies (TSXV: ROOF) announces key senior management changes, including the appointment of Greg Phaneuf as CFO and VP of Corporate Development, Lynda Paananen as Corporate Controller, and the promotion of Kellie Johnston to Chief Legal and Administrative Officer. Phaneuf brings extensive experience in corporate finance, having led financings exceeding $2 billion and acquisitions over $7.5 billion. The company also granted 310,000 RSUs at $0.215 and 310,000 stock options at $0.28 per share to officers and employees, with a five-year exercise period.
Northstar Clean Technologies (TSXV: ROOF) has completed its second draw of $2.7 million from its $8.75 million non-revolving senior secured project loan facility with the Business Development Bank of Canada (BDC). This follows the first draw of $1.6 million made on September 12, 2024. The loan facility is designated for the Company's asphalt shingle reprocessing facility in Calgary, Alberta. The Company plans to continue drawing from the BDC facility as the Empower Calgary Facility construction progresses. Additionally, Northstar will host a virtual investor webinar to discuss Q3 2024 results on December 2, 2024.
Northstar Clean Technologies has released the second episode of its construction updates video series for its Empower Calgary Facility, which focuses on asphalt shingle reprocessing. The video features CEO Aidan Mills and Mook Group of Companies President Jon Mook discussing building progress, current installation status, and upcoming steps. The video update showcases the installation of walls and roof, along with offsite equipment testing at the Calgary facility.
Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) has launched a video series to showcase the construction progress of its Empower Calgary Facility, an asphalt shingle reprocessing plant in Calgary, Alberta. The first episode highlights two significant milestones:
1. The arrival of long lead items for the facility
2. The installation of the concrete slab for the building
CEO Aidan Mills expressed excitement about realizing the company's vision of delivering its first commercial facility. The video update is available on Northstar's YouTube channel, marking the beginning of a series that will communicate ongoing progress in the construction and commissioning process.
Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) has announced its participation in several upcoming conferences:
1. Schachter Catch the Energy (In-Person) - Oct 19, 2024, Calgary, AB
2. Kinvestor Day 2024 (Virtual) - Oct 24, 2024
3. LD Micro Main Event (In-Person) - Oct 28-30, 2024, Los Angeles, CA
4. CDRA Shingle Recycling Forum (In-Person) - Oct 29-30, 2024, Louisville, KY
5. RCA Circular Economy Conference (In-Person) - Oct 30-Nov 1, 2024, Banff, AB
These events offer opportunities for investors to interact with company executives, learn about corporate developments, and engage in Q&A sessions. Northstar's representatives, including CEO Aidan Mills, will present at various times during these conferences, showcasing the company's latest developments in clean technology and recycling.
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