Stocks in play: Northstar Clean Technologies Inc.
Northstar Clean Technologies and Renewable U Energy Inc. announced that they have entered into a binding term sheet for a strategic financing of debt and securities, including common shares in the capital of the Company and secured convertible debentures for Northstar's proposed Phase 1 plan of building and constructing three scale-up asphalt shingle reprocessing facilities in Calgary, and, as presently intended, both the greater Toronto area and the Pacific Northwest, USA. The Transaction includes a non-brokered private placement of $1.95 million to Renewable U of up to 4,875,000 Common Shares. The Private Placement to Renewable U will be conducted in tranches over a period of six months from October 2022 to March 2023 at a price equal to the greater of $0.40 and the market price of the Common Shares, less the maximum allowable discount under the policies of the TSX Venture Exchange. Northstar Clean Technologies Inc. shares V.ROOF are trading up 1 cent at $0.14.
Read:
Highly Sought After Natural Ingredients Appearing in More Plant-Based Products Across North America
Fresher, Healthier Food Options Coming Soon to an Airplane Tray Near You
Airline Industry Wooing Back Customers with Enhanced, Healthier Menu Options
Vegetarian and Vegan Fliers Winning Important Battle Over In-Flight Menu Options
Mega Grocery Store Chains Listening to Customers’ Demands for Nutritious, Clean-Label Foods