financetom
Business
financetom
/
Business
/
Northstar Secures 15-Year Lease Extension for Delta, B.C., Facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Northstar Secures 15-Year Lease Extension for Delta, B.C., Facility
Mar 31, 2025 9:14 AM

11:30 AM EDT, 03/31/2025 (MT Newswires) -- Northstar Clean Technologies ( ROOOF ) on Monday said it signed a 15-year lease extension for its Delta, British Columbia, location.

The extension gives the company the option to retrofit the Empower Delta Facility, formerly home to its pilot asphalt-shingle recycling facility, into a commercial-scale operation. The site holds all necessary regulatory approvals and permits for light industrial operations, Northstar said.

"Our primary focus remains the successful commissioning and ramp-up of the Empower Calgary Facility, which represents our first full-scale commercial facility and is currently in its final commissioning phase," said Chief Executive Aidan Mills. "The Delta lease extension adds flexibility to our portfolio, giving us the opportunity to retrofit the current facility and leverage the existing permitting and site in the future. It also complements our ongoing development plans, where our next priorities are the site development and permitting for our planned facilities in Hamilton, ON and the U.S. Mid-Atlantic region."

The company's shares were last seen down $0.005 to $0.34 on the TSX Venture Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved