Northstar Reports Second Quarter 2025 Financial and Operating Results and Announces Upcoming Investor Conference Call
Financial and Operational Highlights: Northstar Clean Technologies reported significant advancements in Q2 2025, including the receipt of a second Canadian patent for its asphalt reprocessing technology and successful commissioning of processes at its Calgary Facility.
Funding and Milestones: The company achieved Milestone 2 under a contribution agreement with Emissions Reduction Alberta, receiving $3.9 million, and completed the final draw of a project loan from the Business Development Bank of Canada.
Product Development: Northstar's Calgary Facility successfully produced high-quality asphalt that exceeded previous specifications, supporting the company's business model focused on sustainable recovery of asphalt shingles.
Future Plans and Investor Engagement: Northstar plans to host a virtual investor webcast on September 10, 2025, to discuss financial results and operational updates, including timelines for ramping up production at the Calgary Facility.
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