Core Viewpoint - Northstar Clean Technologies Inc. reported its financial and operational results for Q2 2025, highlighting advancements in its business model and technology, particularly in asphalt reprocessing, alongside financial losses and ongoing development efforts [1][2]. Financial Results - For the three months ended June 30, 2025, the company reported a loss of CAD 3,130,135 compared to CAD 1,375,777 in the same period of 2024, representing a 128% increase in losses year-over-year [2]. - For the six months ended June 30, 2025, the loss was CAD 6,080,052, up from CAD 2,957,355 in 2024, indicating a 106% increase [2]. - Basic and diluted loss per share for Q2 2025 was CAD 0.02, compared to CAD 0.01 in Q2 2024 [2]. Operational Highlights - Northstar received a second Canadian patent for its asphalt reprocessing technology, which is valid until 2042, enhancing its competitive position in the waste-to-value sector [3]. - The Calgary Facility successfully completed the commissioning of both its water-based front-end process and hydrocarbon-based back-end process, producing high-quality asphalt that exceeds previous specifications [3]. - The company achieved Milestone 2 under a contribution agreement with Emissions Reduction Alberta, receiving CAD 3.9 million for completing construction at the Calgary Facility [3]. - Northstar secured a final draw of CAD 617,698 under the Business Development Bank of Canada Project Loan Facility, which will amortize over the next 13 years [3]. - A non-binding letter of interest was received from Export Development Canada for potential financial support of up to CAD 12.5 million for the first planned shingle reprocessing facility in the U.S. [3]. Capital Expenditures and Liquidity - Capital expenditures for Q2 2025 were CAD 1,946,558, down from CAD 4,094,208 in Q2 2024 [4]. - The company reported a working capital deficit of CAD 1,697,301 as of June 30, 2025, compared to a surplus of CAD 3,446,112 in the previous year [4]. - The total principal amount of convertible debentures outstanding was CAD 9,305,000 as of June 30, 2025, down from CAD 10,405,000 in the previous year [4]. Future Plans - 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 [7][8].

Core Viewpoint - AmmPower Corp. has signed a Memorandum of Understanding (MOU) with Klean Industries to collaborate on green hydrogen production and ammonia solutions, enhancing their capabilities in renewable energy applications [1][2]. Company Developments - AmmPower aims to develop new applications for its containerized ammonia production technologies, focusing on renewable and distributed ammonia solutions for North America [2]. - The company has appointed David Wojie as the new Director of Business Development, replacing Eric Kelley, and is currently seeking candidates for a technology development position following Dr. Zhenyu Zhang's departure [5]. Industry Context - Klean Industries is recognized for its expertise in recovering clean energy from waste and has established a consortium of technology partners to promote circular solutions in the mobility sector [3]. - The collaboration with Klean will enable the deployment of green fuel facilities that produce, store, and distribute carbon-free fuels, supporting the transition to sustainable energy sources [2][4]. - Klean Industries specializes in advanced thermal technologies such as pyrolysis and gasification, converting waste into valuable energy and resources, thereby contributing to a low-carbon circular economy [6][7]. Technology and Innovation - AmmPower's IAMMTM (Independent Ammonia Making Machine) technology is designed for distributed production of green ammonia, which is essential for applications like carbon-free shipping fuel and green fertilizers [8]. - The partnership with Klean is expected to enhance the economic model for distributed green ammonia production, providing flexibility in the placement of IAMMTM units [4].