Core Insights - Northstar Clean Technologies Inc. has completed its first sale of liquid asphalt to McAsphalt Industries Ltd., marking a significant milestone for the company and its operations [1][2][3] Company Overview - Northstar is a Canadian waste-to-value technology company focused on the sustainable recovery and reprocessing of asphalt shingles, aiming to lead the recovery and reprocessing of asphalt shingles in North America [4] - The company has developed a proprietary design process to extract liquid asphalt from discarded shingles, which would otherwise go to landfills, and also recovers aggregate and fiber for construction products [4] Operational Milestones - The sale to McAsphalt represents the first revenue-generating transaction for liquid asphalt produced at the newly constructed Empower Calgary Facility [2][3] - Northstar expects to generate regular ongoing commercial sales in line with the McAsphalt offtake agreement starting in January 2026 [3]

Core Insights - Northstar Clean Technologies Inc. has successfully produced its first liquid asphalt at its Empower Calgary Facility, marking a significant milestone in the commissioning of the facility [1][2][4] - The facility has fully commissioned both the front-end and back-end processing units, with plans to ramp up production to meet the Emission Reduction Alberta (ERA) Commissioning Milestone 3 target of 80 tonnes per day [2][4] - Preliminary tests indicate that the quality of the produced asphalt is significantly better than previous products, meeting the requirements of several commercial agreements [3][4] Company Overview - Northstar is focused on sustainable recovery and reprocessing of asphalt shingles, utilizing a proprietary design process to extract liquid asphalt and other materials from discarded shingles [6] - The company aims to lead the recovery and reprocessing of asphalt shingles in North America, addressing environmental concerns related to landfill waste [6] Incentive Compensation - The company plans to grant a total of 2,422,766 stock options to various stakeholders at an exercise price of $0.335, along with additional restricted and performance share units [5]