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Stocks in play: Northstar Clean Technologies Inc.

Baystreet.ca
·1 min read

Announced the Company, along with its wholly-owned subsidiary Empower Environmental Solutions Calgary Ltd., has signed a binding term sheet for a five-year off-take agreement with McAsphalt Industries Ltd., a wholly owned subsidiary of Colas Canada Inc., whereby Northstar will sell and McAsphalt will buy, on an exclusive basis, 100% of liquid asphalt production at the Company's planned scale-up asphalt shingle reprocessing facility in Calgary, Alberta. The Term Sheet is a legally binding obligation between the Parties. Term: Northstar and McAsphalt have agreed to a five-year term for the off-take agreement with automatic three-year renewal options, unless either of the Parties provides 180 days' written notice of its intention not to renew. Northstar Clean Technologies Inc. shares V.ROOF are trading unchanged at $0.19.

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