NORTHSTAR CLEAN TECHN INC - ROOOF STOCK NEWS

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.

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) has completed its first draw of approximately C$1.6 million under its C$8.75 million non-revolving senior secured project loan facility with the Business Development Bank of Canada (BDC). This draw is for the planned asphalt shingle reprocessing facility in Calgary, Alberta. The company has satisfied all conditions precedent to draw on the BDC Facility and expects to continue drawing down as the project progresses. The facility has a 15-year repayment period with a two-year interest-only payment period, and an annual interest rate of 7.95% fixed for five years, reduced from the previously announced 8.35%.

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) reported its Q2 2024 financial results, highlighting significant progress in its operations. Key developments include:

1. Received $1.34 million in funding from Alberta's TIER Fund through Emissions Reduction Alberta.

2. Closed a US$1.8 million private placement of convertible debentures with TAMKO Building Products.

3. Announced a three-year asphalt shingle supply agreement with Ecco Recycling & Energy

4. Secured a $2.25 million strategic investment from Calgary-based investors.

5. Selected TAMKO's Frederick, Maryland plant for initial U.S. expansion.

The company's cash balance as of Q2 2024 was $5.623 million, with cumulative capital expenditures for the Empower Calgary Facility reaching $9.348 million. Revenue increased to $240,000 in Q2 2024.

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) has been granted a Canadian patent for its front-end technology used in reprocessing asphalt shingles. This patent, valid until 2042, follows two patents issued by the USPTO for similar technologies. The company also has a pending PCT application, preserving its right to file patent applications in 157 contracting states.

The Canadian patent application received fast-track status due to its focus on green technology that mitigates environmental impacts. Northstar's CEO, Aidan Mills, expressed satisfaction with the patent issuance and highlighted the company's ongoing efforts to protect its proprietary technology in Canada, the United States, and internationally.

Northstar Clean Technologies announced its participation in the 2024 Canadian Climate Investor Conference on June 25, 2024, at the MaRS Discovery District in Toronto. CEO Aidan Mills will present at the event, which aims to connect clean technology companies with climate-conscious investors. The conference, hosted by the Toronto Stock Exchange, is designed to promote sustainable investments.

Additionally, at the Annual General and Special Meeting of Shareholders on June 18, 2024, all proposed matters were approved. These included the re-election of seven directors, reappointment of MNP LLP as auditors, approval of the amended 2023 Equity Incentive Plan, approval of TAMKO Building Products as a new control person, and the re-pricing of stock options. A total of 37,247,380 common shares were voted, representing 29.23% of the company's outstanding shares.

Northstar Clean Technologies (TSXV: ROOF, OTCQB: ROOOF) reported its Q1 2024 financial results, highlighting significant developments at its Empower Calgary Facility. The company secured a five-year asphalt shingle supply agreement with IKO Industries and received its first delivery. Northstar closed an over-subscribed private placement, raising over $3.6 million and reported a 67% increase in cumulative capital expenditures to $4.4 million. Revenue for Q1 2024 was $71,000, with a cash balance of $5.987 million. Post-Q1, Northstar received a $1.34M grant from Emissions Reduction Alberta and partnered with TAMKO for its first U.S. facility. The company plans to commence commissioning its Calgary Facility by year-end 2024 and aims to expand into the U.S. in 2025.

Northstar Clean Technologies (TSXV: ROOF, OTCQB: ROOOF) announced it has been issued a second patent by the USPTO for its proprietary technology to reprocess asphalt shingles. This is part of a series of follow-on patents, with the third and fourth patents pending. The patent is valid until 2044. The company is also progressing similar applications in Canada and internationally. Additionally, Northstar's board amended the exercise price of 6,205,854 stock options from $0.35 to $0.21 per share, with most of these options held by insiders, subject to TSXV and shareholder approval.

Northstar Clean Technologies Inc. (TSXV: ROOF) has received its first long-lead equipment item for its asphalt shingle reprocessing facility in Calgary, Alberta. The advanced shingle grinding machine from Rotochopper Inc. will help maximize the recovery of valuable materials from feedstock. This proactive approach to strategic planning aims to mitigate potential delays due to long-lead equipment items.

Northstar Clean Technologies Inc. (TSXV: ROOF) reported its 2023 financial results, highlighting multiple achievements including starting detailed engineering design for the Empower Calgary Facility, securing private placement for $3.5 million, closing the first tranche for $2.26 million, and receiving various grants and investments. The company signed key supply agreements, completed detailed engineering design, and identified strategic partnerships, positioning itself for significant growth.