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Northstar Announces Final Draw of $617,698 from BDC Project Loan Facility
BDCBelden(BDC) Prnewswire·2025-05-20 11:00

CALGARY, AB, May 20, 2025 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce it completed all criteria necessary and received all remaining amounts under the 8.75millionnonrevolvingseniorsecuredprojectloanfacility(the"BDCFacility")withtheBusinessDevelopmentBank.("BDC").Theremainingportiontotaled8.75 million non-revolving senior secured project loan facility (the "BDC Facility") with the Business Development Bank. ("BDC"). The remaining portion totaled 617,698 which included a $250,000 hold-back. With the BDC Facility now fully drawn, the loan will begin to amort ...