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]