Northstar Announces Project Economics Highlights
- $7.6 Million in Potential Annual Revenue Per Facility (1)
- $4.9 Million in Potential Annual Gross Profit Per Facility (65% Gross Margin) (1)
- $4.0 Million in Potential Annual EBITDA (2) Per Facility (52% EBITDA(2) Margin) (1)
- Excludes Any Potential Carbon Credit Revenue or Sustainability "Green" Premium
- Numerous Potential Upside Opportunities Have Been Identified
VANCOUVER, BC, April 1, 2022 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce the results from its internal management-prepared economic analysis for its planned expanded-capacity asphalt shingle reprocessing scale up facility in Calgary, Alberta ("Calgary Empower Facility"). As part of the recently released independent front-end engineering design ("FEED") study prepared by BBA Engineering Ltd. which provided a pre-feasibility level capital estimate for the planned Calgary Empower Facility, the Company completed a detailed internal financial analysis of the planned Calgary Empower Facility. The Company sensitized a broad range of both operational and financial assumptions to ultimately arrive on a conservative base case, which is provided here, as well as identify certain variables to provide potential upside. The results and major assumptions are provided below. All currencies quoted within this press release are in Canadian dollars.