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Northstar Clean Technologies Inc V.ROOF

Alternate Symbol(s):  ROOOF

Industrials
Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use asphalt shingles, and extracting the liquid asphalt for use in new hot mix asphalt, shingle manufacturing and asphalt flat roof systems, and aggregate and fiber for use in construction products and other industrial applications. It plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at both its Empower Pilot Facility in Delta, British Columbia and its commercial scale-up facility in Calgary, Alberta.


TSXV:ROOF - Post by User

Northstar Clean Technologies Inc > Completion of Non-brokered Private Placement @ $0.40 / share
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Comment by lscfaon Aug 22, 2022 12:04am
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Post# 34910524

RE:RE:Completion of Non-brokered Private Placement @ $0.40 / share

RE:RE:Completion of Non-brokered Private Placement @ $0.40 / share

RU paid $0.40/sh so co. will agree to a favourable term sheet for additional financing from RU. Project debt?  

Concurrent with the Private Placement, the Company and Renewable U have signed a non-binding and non-exclusive term sheet covering the Company's phase 1 expansion program of three asphalt shingle reprocessing facilities.




Possibleidiot01 wrote: Baffles me why anybody would pay have paid 40 cents in a private placement.

 

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