09:18 AM EDT, 05/05/2025 (MT Newswires) -- Northstar Clean Technologies ( ROOOF ) on Monday said it completed Milestone 2 requirements stipulated in the Emission Reduction Alberta (ERA) contribution agreement and received the milestone payment of $3.9 million.

The company said that funding under Milestone 2 "materially reimburses" it for construction expenses for the Empower Calgary Facility and that about $1.9 million remains outstanding under the ERA grant, upon attainment of commissioning and operational milestones.

Shares of the company closed up 1.5% to $0.335 on Friday on the TSX Venture Exchange.