20:00:00 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Northstar Clean Technologies Inc
Symbol ROOF
Shares Issued 126,710,381
Close 2024-04-15 C$ 0.17
Market Cap C$ 21,540,765
Recent Sedar Documents

Northstar Clean receives $1.34-million funding from ERA

2024-04-15 13:25 ET - News Release

Mr. Aidan Mills reports

NORTHSTAR RECEIVES C$1.34 MILLION FROM ERA IN GRANT FUNDING FOLLOWING APPROVAL OF FIRST MILESTONE

Northstar Clean Technologies Inc. has received $1,340,722 from the government of Alberta's TIER (Technology Innovation and Emissions Reduction Regulation) 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, Alta. (the Empower Calgary facility) as part of the executed contribution agreement of up to $7,088,000.

For more information on ERA and its proposed Empower Calgary facility funding, please see the company's news releases dated April 8, 2024, and Feb. 13, 2023, filed under its profile on SEDAR+.

About Northstar Clean Technologies Inc.

Northstar Clean Technologies is a Canadian clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already overcrowded landfills, and extracting the liquid asphalt for use in new hot mix asphalt, shingle manufacturing and asphalt flat-roof systems, and aggregate and fibre for use in construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at its first commercial scale-up facility in Calgary, Alta. As an emerging innovator in sustainable processing, Northstar's mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America, extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.

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