Northstar Selects Calgary, Alberta as the Location for Expanded-Capacity Asphalt Shingle Reprocessing Scale Up Facility – InvestingNews.com

Calgary : Canada’s Energy Hub with Strong Government Incentives and Support to Ensure a Clean Energy Transition while Diverting Waste from Landfills
 Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (“Northstar” or the “Company”) is pleased to announce that the Company’s Board of Directors has approved the selection of the City of Calgary, Alberta Canada as the planned location for the Company’s expanded-capacity asphalt shingle reprocessing scale up facility (the “Calgary Empower Facility”).

Based on the independent engineering design study, the Calgary Empower Facility is expected to be the Company’s first modular scale up facility and is expected to be designed and engineered with an estimated capacity of 150–200 tonnes per day (“tpd”), which is approximately two to three times scale up from the full commercial production capacity of 50-75 tpd at the Company’s existing reprocessing pilot facility in Delta, British Columbia . The scale up facility’s build and design are part of the Company’s planned expansion strategy with the goal of operating asphalt shingle reprocessing facilities across Canada and the United States . The Company’s independent front-end engineering design or “FEED” for the scale up facility is expected to be completed by the end of Q1 2022.
Mr. Brad Parry , President and CEO of Calgary Economic Development, states: “With our strong cleantech innovation ecosystem, a long history of industry collaboration and investment, Calgary is the place to be for companies like Northstar that are driven to make an impact on the energy transition. Calgary has a reputation for being a place for people who want to solve environmental and other challenges, and we are pleased Northstar has chosen Calgary to build its new planned facility that can help keep asphalt shingles out of landfills. Northstar’s commitment to clean technology, community, and long-term solutions aligns with our economic strategy’s focus on sustainability and Calgary in the new ‘Energy Transition’ economy. We look forward to the opportunities Northstar’s planned facility can bring to our city.”
Mr. Aidan Mills , President & CEO of Northstar, states, “To be successful, I believe companies like ours with a sustainability focus first need to demonstrate their technology works. Second, they need to scale up their technology. Third, they need to rapidly deploy their technology across their key markets. We have successfully demonstrated the first step with the steady state production of our design specification product at the Empower Pilot Facility in Delta, British Columbia – and we believe the Calgary Empower Facility can deliver on the second step – by scaling up our technology to full commercial potential. We are delighted to have selected Calgary as the site location for our first asphalt shingle reprocessing scale up facility. Calgary is home to Canada’s “energy transition” economy and we are excited to be a part of this movement. The reception to our environmental solution to landfill waste has been well received by the municipality, and we look forward to delivering a long-term solution for significantly reducing landfill waste from asphalt shingles in Calgary . We are also excited to bring jobs to Calgary , adding ten to fifteen staff plus contractors at the Calgary Empower Facility and continuing to expand our corporate office as we grow the business. We are now in advanced stages of identifying a suitable leasing site in Calgary for our scale up facility and we will provide an update once a location is secured.”
Mr. Allen Gervais , General Manager ( Alberta ) at Northstar, comments, “The City of Calgary has been very engaged with us as we move to deliver a solution which could divert an estimated 30,000 to 50,000 tonnes per year of shingles that would otherwise be destined for landfills. We believe this facility will contribute to Calgary’s growing reputation as a hub for innovative green energy and circular economy solutions.”
Calgary Selection
The Company previously commenced an exploratory site selection process for its first scale up facility. The Company then commenced a detailed geographic target market analysis to evaluate potential site locations. After identifying several potential geographic markets for Northstar’s flagship facility, the Company determined that the City of Calgary was the most attractive location for the Company’s first expansion facility for the following reasons:
Expected Sequence of Events
Final site selection and other construction terms are subject to final approval by the Company’s Board of Directors. Upon securing financing and receiving permits, the Company plans to begin construction on the Calgary Empower Facility in the second half of 2022 with targeted operations by the end of the first half of 2023.
The Calgary Empower Facility will operate under “Empower Environmental Solutions Calgary Ltd.”, a wholly owned subsidiary of the Company.
About Calgary Economic Development
Calgary Economic Development is an opportunity-maker, helping to spark and fuel Calgary’s growth. Our job is to connect people with resources that can help them grow their careers or businesses, thrive in new locations or markets, and feel at home in our community. We offer a wealth of information to help everyone succeed and we tirelessly promote Calgary , in Canada and around the world. We are exhilarated about our role in shaping and sharing Calgary’s story and we’re proud to be part of the energy. For more information, please visit our website at www.calgaryeconomicdevelopment.com and follow us on Twitter @calgaryeconomic.
For more information on Calgary Economic Development, please contact:
Sarah Ferguson
Media Coordinator, Communications
Email: sferguson@calgaryeconomicdevelopment.com
Phone: 403 880 7040
About Northstar
Northstar Clean Technologies Inc. is a Vancouver -based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale in the circular economy. As an emerging innovator in sustainable processing, Northstar’s mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America , extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.
For further information about Northstar, please visit www.northstarcleantech.com .
On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director
Northstar Investor Relations Inquiries:
Kin Communications
Phone: 604 684 6730
Email: ROOF@kincommunications.com
Cautionary Statement on Forward-Looking Information
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. The TSXV has neither approved nor disapproved the contents of this press release.
This press release may contain forward–looking information within the meaning of applicable securities legislation, which forward–looking information reflects the Company’s current expectations regarding future events. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward–looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward–looking information. Such risks and uncertainties include, but are not limited to, statements regarding: (i) the Company’s planned national roll out and expansion strategy; (ii) the ability of the Calgary Empower Facility to scale up Northstar’s technology to meet stated production targets and to deliver a long-term solution for the significant reduction of landfill waste from asphalt shingles in Calgary or elsewhere; and (iii) the Company’s expected construction and operation timelines as further described under the heading “Expected Sequence of Events” and elsewhere above. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company as well as those risks and uncertainties which are more fully described under the heading “Risk Factors” in the final prospectus of the Company dated June 18, 2021 and in the Company’s annual and quarterly management’s discussion and analysis and other filings with the Canadian securities regulatory authorities under the Company’s profile on SEDAR. The novel strain of coronavirus, COVID-19, also poses new risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company does not undertake any obligation to update such forward–looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
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SOURCE Northstar Clean Technologies Inc.

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Asphalt shingles are the most popular roofing material in North America. This represents the 4th largest category of construction waste. It is estimated that over 13 million tons of asphalt roofing shingles are disposed of each year in the United States, contributing to already over-crowded landfills. As costs for waste disposal and landfills pile up, companies are increasingly looking for methods to offset their carbon footprint. Luckily, they say one man’s trash is another man’s treasure.
Based on industry research, the Canadian and US markets for asphalt shingle recovery and repurposing are valued at US$1.35bn and US$7bn, respectively, according to a 2021 Global Markets Insights report. With the world shifting to more environmentally friendly solutions for waste reduction and recycling, investors could see significant upside by investing in emerging companies like Northstar where limited processing solutions exist for processing single-use asphalt shingles. Northstar aims to drive sustainable asphalt recovery to new innovative heights in the rapidly growing cleantech space.
Northstar Clean Technologies (TSXV:ROOF, TSXV:ROOF.WT,OTCQB: ROOOF) is a Vancouver-based clean technology company focused on the recovery and repurposing of single-use asphalt shingles. The Company has a fully constructed Empower Facility in Delta, British Columbia and a proprietary design process, which enables it for advancing expansion opportunities in the near future.

Northstar is strongly positioned to potentially become a major innovative player in this particular niche of the clean technology space, having a binding off-take agreement for 100 percent of oil production with a strategic multi-national construction corporation. Northstar also has significant leverage with a first-mover advantage, as the first public company to repurpose asphalt shingles. Northstar’s mission is to become the leading asphalt shingle material recovery provider in North America, extracting 99 percent of the recovered components from single-use asphalt shingles that would otherwise be sent to a landfill.
Most importantly is the recovery of the liquid asphalt, which has seen its price soar to $820 per tonne in recent months, up from a low of $617 per tonne in late 2020. Pricing for liquid asphalt can be found here: http://www.onasphalt.org/mtopriceindex/index.html
At the Empower Facility, Northstar operates a proprietary design process and recovery capability for single-use asphalt shingles that would otherwise be sent to a landfill. Northstar’s major input and output revenue streams from tipping fees and three processed output products (liquid asphalt, fiber and aggregate), respectively, demonstrate the potential of Northstar’s unique business model.

2022 will be an exceptionally exciting year for Northstar Clean Technologies as it completes the final stages of ramping up into commercial production at the Empower Facility. In the first half of 2021, the Company already completed a $12.24 million financing and in July 2021, the Company completed its listing onto the TSX Venture Exchange. Northstar offers investors a near-term revenue opportunity with the expected production commencement of its fully constructed Empower Facility in Delta, BC in Q1 2022.
With near-term revenue, a cashed up balance sheet and low expected capex on its first expansion facility, Northstar has a strong financial position, enabling the company to capitalize on expansion opportunities in both Canada and the United States in 2022 and beyond.
Northstar’s leadership team has a combined 280 years of experience across a strong team of industry professionals. Their operational and capital markets expertise primes the company for impressive economic growth and investment upside in a world rapidly shifting to clean technological solutions.
With the company’s proprietary Bitumen Extraction and Separation Technology (BEST), Northstar Clean Technologies aims to keep asphalt shingles from becoming waste materials in landfills and repurposing discarded shingles to manufacture new marketable products.

Northstar Clean Technologies operates its Empower Facility located in Delta, BC. Strategically located near Highway 17 and Highway 99, Empower is easily accessible for roofing and waste hauling companies throughout Metro Vancouver.
Northstar has a significant existing stockpile of asphalt shingle material ready for processing and the equipment and infrastructure needed to commence operations on site. The facility is well-equipped for its commercial production.

James Currie has over 40 years of experience as a registered professional engineer with senior management, engineering and operations experience. He was the former COO of TSX and NYSE-listed Equinox Gold, Pretium Resources and New Gold. Mr. Currie holds a B.Sc. Degree from Queen’s University in Mining Engineering. He was also the 2014 co-winner of AME BC’s prestigious EA Scholtz Award for Excellence in Mine Development at the New Afton mine.
Mr. Mills is a highly experienced executive with over 30 years of global experience. He spent 19 years with British Petroleum (BP) PLC, which included roles from his start as a graduate control engineer through project and maintenance engineering, corporate strategy, United Kingdom commercial gas and power development, and North American origination, to a role as a senior vice-president in Calgary with accountability for trading, asset and customer development and management. Mr. Mills then spent five years as vice-president, commodity marketing and supply, with Husky Energy in Calgary and two years as managing director with Goldman Sachs. Following a role as vice-president, downstream, for MEG, Mr. Mills was most recently chief commercial officer at the Friesen Group of Companies, a privately owned Calgary business. Mr. Mills is a chartered engineer (CEng) (United Kingdom), and he holds a bachelor of engineering in electrical and electronics engineering from Edinburgh University and a master of business administration with distinction from the Edinburgh Business School.
Mr. Currie has 15 years of experience. He is the CIO, Managing Partner and Co-Founder of Capital Event Management (CEM) and CEM Capital ($10m+ in AUM). Incepted in 2010, CEM has organized 65 investment conferences to date that have been linked to over $1 billion in transactions. Mr. Currie orchestrated five go-public listings on the TSXV raising more than $60 million.
Gord Johnson has over 25 years of experience in building, growing & managing companies. He served with Northstar since its inception in 2015. Mr. Johnson was also the former CEO of Save Energy Walls, Lodgeview Entertainment and Intrepid Security.
Gregg Sedun has nearly 40 years of experience. Former Partner at the Vancouver law firm Rand Edgar Sedun and specialized in the practice of corporate finance and securities law. Current President & CEO of Global Vision Capital Corp. Founding Director of Diamond Fields Resources (sold to Inco for $4.3 billion), Adastra Minerals (sold to First Quantum Minerals for $275 million) and founding shareholder of Peru Copper (sold to Chinalco for $875 million).
James Borkowski has 25 years of experience, serving in executive roles for several private and public companies, and has specialized in operations, product development and strategic communications for clients including 7-Eleven, Caesar’s Palace, Fairmont Hotels and Target. Former CEO of Stonepoint.
Terry Charles has over 30 years of experience as a manager of several companies in the transportation industry. He has served with Northstar since its inception in 2015 and was the former president of Gemaco.
Ms. Rosemary Pritchard has joined Northstar as Chief Financial Officer (“CFO”). Ms. Pritchard intends to develop the Company’s financial strategy and structure with a focus on non-dilutive funding and growth. As well as bringing deep financial expertise, she will also have accountability for the Company’s human resources and information technology departments. Ms. Pritchard has 30 years of executive finance experience in a variety of industries. Her roles included 9 years in the construction industry in controllership and COO roles, 5 years in public practice at Grant Thornton LLP, 8 years as CFO of the national furniture retailer Urban Barn , a Vancouver -based company with over 50 locations and more than 650 employees.
Jim Bird is a professional engineer with over 35 years of experience in the construction industry in Western Canada and internationally. He has held various positions such as CEO, executive VP, VP and director with several major corporations. Mr. Bird has experience in all aspects of management with expertise in product development, performance management and asphalt manufacturing.
Carson Sedun has ten years of industry and capital markets experience. He is the principal of Annapurna Advisors and a former investment banking associate with Canaccord Genuity and Dundee Capital Markets. Mr. Sedun holds an MBA from the Schulich School of Business, a B.Com from McGill University and a Graduate Certificate in Mining Engineering from UBC.
Ms. Johnston brings a wealth of experience as a senior environment, social, and governance (“ESG”) practitioner. She brings with her a strategic understanding and experience of global sustainability issues with deep expertise in leadership, risk identification and mitigation, and strategy implementation. Ms. Johnston also has excellent team-building skills, demonstrated in her collaboration with local, national and international teams as well as advising and reporting sustainability subject matters to C-suites and Boards of Directors. She possesses great passion for the ESG and sustainability industry, and this dedication is accurately reflected in her deep knowledge of these sectors.
Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ( “Northstar” or the “Company” ) is pleased to announce that as part of the Company’s commitment to quality, it has received positive testing results from an independent third-party testing facility for two of its outputs, liquid asphalt and aggregate. After initiating steady state production, liquid asphalt and aggregate were produced through the reprocessing of single-use asphalt shingles currently stockpiled on-site at Northstar’s fully constructed asphalt shingle reprocessing facility in Delta, BC (the “Empower Pilot Facility” ). These independent third-party test results for liquid asphalt and aggregate confirm that these products meet the Company’s end product specification objectives.

The table below compares the test results for Northstar’s liquid asphalt with common liquid asphalt specifications in Canada for the three major specification criteria for liquid asphalt:
Table 1: Comparison
Standard
Northstar
Shingle Asphalt
Roofing
Type III
Roofing
Type IV
Road 80-
100
Softening Point (°C)
ASTM D36
110
88 – 113
85 – 96
99 -107
N/A
Penetration (dmm)
@ 25°C & 100g
ASTM D5
10
15
15 – 35
12 – 25
80 – 100
Flash Point (°C)
ASTM D92
239
N/A
260
260
230
1. The specifications listed above are not exhaustive for all asphalt specifications.
2. Any test requirement identified as N/A indicates that the test is not required for that product specification.
The Northstar specification analysis is as expected and designed and confirms that:
Mr. Aidan Mills , President & CEO and Director of Northstar, stated, “We have always believed that the outputs created through our proprietary bitumen extraction and separation technology (“BEST”) design process were of high quality and now we have the independent test results to support this. Through commissioning and steady state production, we are now fully extracting liquid asphalt from asphalt shingles as designed and producing high quality end products, as expected. We believe this testing confirms that our two primary products will be able to re-enter the manufacturing process for asphalt shingles, creating a circular economy, and used in the hot-mix asphalt manufacturing process for road paving.”
“Quality is a critical part of our business and independent third-party testing is an important element of that. The Company now has in-house testing capability to satisfy ourselves, and our customers, that we have exceptional products with stringent quality control procedures. Softening point, penetration, and flash point specification testing has become an integral part of our steady state production processes,” continued Mr. Mills.
As outlined by the results above, Northstar believes its liquid asphalt can be used for:
Testing Results for Aggregate:
Sieve Size
Passing Mean
Std Dev
5.000 mm
100%
0.0%
2.500 mm
96.9%
1.8%
1.250 mm
55.1%
4.5%
0.630 mm
12.9%
1.1%
0.315 mm
3.0%
0.2%
0.160 mm
0.9%
0.2%
0.080 mm
1.1%
0.2%

Moisture %
VOC %
Asphalt %
6.63%
0.00%
0.50%
Registered & Records Office
The Company also announces that it has moved its registered and records offices to the Company’s location at 7046 Brown Street, Delta, BC V4G 1G8.
About Northstar
Northstar Clean Technologies Inc. is a Vancouver -based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at its Empower Pilot Facility in Delta, British Columbia . As an emerging innovator in sustainable processing, Northstar’s mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America , extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.
For further information about Northstar, please visit www.northstarcleantech.com .
‍ On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director
Cautionary Statement on Forward-Looking Information
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. The TSXV has neither approved nor disapproved the contents of this press release.
This press release may contain forward‐looking information within the meaning of applicable securities legislation, which forward‐looking information reflects the Company’s current expectations regarding future events. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking statements in this press release include the Company’s expectation that shingle manufacturers can increase the penetration grade of Northstar’s liquid asphalt through minor blending operations of 0.5%-2.0% rejuvenation product, that they can meet bulk roofing specification through minor blending operations of 2.0%-5.0% and that Northstar’s liquid asphalt would be suitable for paving application by blending 5.0%-10% of Northstar’s liquid asphalt into virgin asphalt; its belief that these test results confirm that Northstar’s two primary products can re-enter the manufacturing process for asphalt shingles and can be used in the hot-mix asphalt manufacturing process, as well as Northstar’s belief that its liquid asphalt can be used for the applications specified in the news release.  Forward‐looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking information. Such risks and uncertainties include, but are not limited to, factors discussed under “Risk Factors” in the final prospectus of the Company dated June 18, 2021 . The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
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SOURCE Northstar Clean Technologies Inc.

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(TheNewswire)
February 22, 2022 – TheNewswire – V ancouver , BC – Global Stocks News – Northstar Clean Technologies (TSXV:ROOF) (OTC:ROOOF) is a clean technology company focused on the recovery and repurposing of single-use asphalt shingles to produce liquid asphalt, fibre and sands while diverting shingle waste from landfills.
The company has a fully constructed facility in Delta, BC and is gaining steam on its commercialization phase.
On February 17, 2022, Northstar announced that it has initiated steady state production at its reprocessing facility (Empower Pilot Facility) in Delta.
“A steady state implies that the System State is independent of its initial start-up conditions,” reports the International Journal of Development Research , “providing top management with a clear picture of how to make their production line more effective.”
“This announcement proves to the market that our technology works and validates our business model,” states Northstar CEO Aidan Mills, “as we set out to scale up this technology to a facility size that we can expand with across the North American market.”
ROOF’s business model anticipates four revenue streams:  1. tipping fees (paid by waste haulers and roofing contractors), 2.  Sale of Asphalt, 3. Sale of Fiber and 4. Sale of Aggregate.  The sale of carbon credits would add a 5 th revenue stream.

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The operation validates the use of Northstar’s proprietary Bitumen Extraction & Separation Technology (BEST) in the foundational design of the Company’s future “scale up” facilities.
Current Production Profile:
Liquid asphalt and aggregate precisely meet ROOF’s end product specification objectives
Ramping up to steady state production provides a clear roadmap to deliver commercial production of 50-75 tonnes-per-day
Provides production samples to industry partners and potential customers for detailed technical analysis
Currently reprocessing large on-site asphalt shingle inventory
“One of the critical metrics for any energy transition, ESG-based, clean technology company is demonstrating that its transformational technology actually works,” stated Mills, “For Northstar to do that, we need to produce the end products from our facility at the specification we expected, in a repeatable manner.”
“The Empower Pilot Facility is not only producing exactly the end products we planned, but we have also initiated the production plan to do that repeatably,” added Mills.
The Circular Economy is a hot investing theme partly because it inverts the typical regulatory headwinds into powerful tail winds.
Northstar can approach government agencies with the value proposition: “Our technology can help you keep the promises you made to voters , and on the world stage .”

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“An increasing number of investors are incorporating their values into their long-term investing strategies through the lens of environmental, social and governance concerns, or ESG investing,” reports US News.
“An estimated $120 billion poured into sustainable investments in 2021, doubling the $51.1 billion captured by ESG funds in 2020 and setting a new consecutive annual record. And this upward trend is set to continue,” confirmed Goby.
Participating the Circular Economy is a meaningful way for a society to reduce its carbon footprint.

“The global context for reducing industry carbon footprints is forcing companies to identify alternative renewable avenues,” explained Mills, “With the reduced carbon footprint solution for repurposing asphalt shingles, we believe we can support our customers and industry partners on their sustainability journey.”
On November 9, 2021, Northstar announced the results of the independent carbon dioxide footprint Life-Cycle Assessment (LCA), completed by Burgess Environmental Ltd.
Key Take-Aways from LCA:
Confirms ROOF’s Empower Facility is a “circular”, renewable industry solution with lower carbon dioxide emissions
Net estimated greenhouse gas (GHG) emission savings of 121.94 kg of carbon dioxide equivalent per 1 tonne of feedstock , through diverting shingles from landfills and replacing virgin production asphalt production from the Empower Facility.
Net estimated carbon dioxide emission savings in the range of 1,500,000 kg to 3,000,000 kg of carbon dioxide equivalent per year dependent on steady state production volume
“Demand for asphalt binder in North America is currently highest for interstate highways and roofing,” states an October, 2021 Liquid Asphalt Research Report prepared by Kin Communications , “Shingles made from asphalt serve one purpose which is to be used for the roofing of structures.”
“Because these shingles are petroleum based, they are not eco-friendly and their production wastes energy in addition to exacerbating the emission of greenhouse gases,” continues the research report.
“The LCA analysis quantifies how our operations can support our customers and industry partners in delivering circular and “green” renewable asphalt produced with significantly lower carbon intensity,” stated Mills.

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February 17, 2022 Empower Pilot Facility Operational Update:
Steady state production is expected to deliver throughput of asphalt shingles in the range of 10-20 tonnes-per-day up to 4-5 days per week.  The objective is to demonstrate repeatable production in terms of safety, quality, and duration.
The two primary output products (liquid asphalt and aggregate) are being produced exactly as designed, meeting ROOF’s end product specifications.
Northstar is delivering samples of its “green asphalt” and aggregate to multiple major road construction companies, shingle manufacturers, and other industry stakeholders.
ROOF has a clear roadmap for commercial production levels targeted at 50-75 tonnes-per-day.
Northstar believes that each future facility could divert ~40,000 tonnes of shingles each year.
12 million tons of asphalt shingles are sent to landfills annually in North America, equivalent to an entire day of US oil production.
It would require 300 facilities in North America to divert and re-purpose all the asphalt shingles currently going into landfills.
Since its IPO 7 months ago, ROOF has raised $12.3 million , began small batch production , engaged Wellington Dupont to liaise with governments, began modular design , proved carbon reduction , hired a Sustainability Officer and has initiated steady state production.
“New companies often struggle to generate meaningful news while they incubate their technology,” stated Global Stocks News CEO Guy Bennett, “In seven months of trading, Northstar has hit a series of milestones – including steady state production – that move them significantly closer to commercialisation.”
In February and March 2022 Northstar will host Empower Facility visits for industry stakeholders, investors, media, and government agencies to demonstrate its operating process and technology.
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Operation validates Northstar’s Bitumen Extraction and Separation Technology (“BEST”) as
the design foundation for the Company’s future “scale up” facilities
Northstar to Host Site Visits in February and March 2022 for Industry Stakeholders,
Investors, Media, and Government Agencies to Showcase its Operating Process and
Technology
Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (“Northstar” or the “Company”) is pleased to announce that it has initiated steady state production at its fully constructed asphalt shingle reprocessing facility in Delta, British Columbia (the “Empower Pilot Facility”). The Empower Pilot Facility reprocesses discarded single-use asphalt shingles into liquid asphalt, fiber, and aggregate, allowing these products to enter the circular economy while diverting waste from landfills.

The Company is now producing “green asphalt” within the exact specifications the Company has aimed to produce at the Empower Pilot Facility.
Highlights:
Mr. Aidan Mills , President & CEO and Director of Northstar , states, “One of the critical metrics for any energy transition, ESG-based, clean technology company is demonstrating that its transformational technology actually works. For Northstar to do that, we need to produce the end products from our facility at the specification we expected, in a repeatable manner. Therefore, we are very pleased to announce that the Empower Pilot Facility is not only producing exactly the end products we planned, but we have also initiated the production plan to do that repeatably.”
Empower Pilot Facility Operational Update
The Company has initiated steady state production, which is expected to deliver throughput of asphalt shingles in the range of 10-20 tpd up to 4-5 days per week. Steady state operation will continue at these levels with the objective of demonstrating repeatable production in terms of production safety, quality, and duration (hours per day and days per week). Most importantly, the two primary output products (liquid asphalt and aggregate) are being produced exactly as designed, meeting the Company’s end product specifications.
The production of specification products has enabled the Company to deliver samples of its “green asphalt” and aggregate to multiple major road construction companies, shingle manufacturers, and other industry stakeholders. These samples are now enabling detailed technical analysis to be carried out by a wide range of the Company’s potential customers.
Internal testing capability has also been implemented at the Empower Pilot Facility, enabling the development of a quality assurance program for the Company’s reprocessed products.
Since October 2021 , the Company has been implementing the changes identified through the unit-by-unit commissioning of the Company’s proprietary BEST process. This commissioning process, combined with the ramp up to steady state production, has provided a clear roadmap for commercial production levels targeted at 50-75 tpd.
Mr. Mills continues, “We are thrilled to have finally entered this critical stage of our company’s development, as we now have ‘proof of concept” and a viable technology. Critically, this technology is the foundation for our ongoing independent engineering design study for our future scale up facilities. Therefore, this announcement is a major inflection point for the Company as it proves to the market that our technology works and validates our business model, as we set out to scale up this technology to a facility size that we can expand with across the North American market.”
Mr. Mills continues, “Our objective is to maximize the applicability of what we believe is the ‘greenest’ asphalt in North America . In delivering this, we will be in the unique position where our reprocessing of asphalt shingles could not only divert approximately 40,000 tonnes of shingles per annum per facility currently sent to landfill, but these products can be applied in numerous markets. We believe we now have a sustainable, proven solution that can help solve North America’s asphalt waste problem.”
Mr. Mills continues, “I would like to thank our shareholders for their continued support and patience. I would also like to thank all members of our operational team for helping us get to this critical juncture. Our operational team has been working around the clock to achieve this significant milestone for our Company. We greatly appreciate your efforts.”
Site Visits
To showcase its operating process and technology, the Company is hosting site visits at the Empower Pilot Facility for industry stakeholders, investors, media, and government agencies throughout February and March 2022 . All parties interested in receiving a site visit invite should contact the Company below.
About Northstar
Northstar Clean Technologies Inc. is a Vancouver -based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at its Empower Pilot Facility in Delta, British Columbia . As an emerging innovator in sustainable processing, Northstar’s mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America , extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.
For further information about Northstar , please visit www.northstarcleantech.com .
On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director
Cautionary Statement on Forward-Looking Information
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. The TSXV has neither approved nor disapproved the contents of this press release.
This press release may contain forward‐looking information within the meaning of applicable securities legislation, which forward‐looking information reflects the Company’s current expectations regarding future events. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking statements in this press release include its expectation that steady state production can deliver repeatable production of its primary products with throughput of asphalt shingles in the range of 10-20 tpd up to 4-5 days per week ramping up to commercial production levels of 50 – 75 tpd, its anticipation that it can scale production and facility size across the North American market and divert ~40,000 tonnes of shingles per annum per facility, its expectation that its products can be applied in numerous markets and its belief that it has a sustainable, proven solution that can help solve North America’s asphalt waste problem.  Forward‐looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking information. Such risks and uncertainties include, but are not limited to, factors discussed under “Risk Factors” in the final prospectus of the Company dated June 18, 2021 . The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
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SOURCE Northstar Clean Technologies Inc.

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Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (“Northstar” or the “Company”) is pleased to announce the appointment of Ms. Kellie Johnston as the Company’s Chief Sustainability Officer (“CSO”) and corporate counsel.

Ms. Johnston brings a wealth of experience as a senior environment, social, and governance (“ESG”) practitioner. She brings with her a strategic understanding and experience of global sustainability issues with deep expertise in leadership, risk identification and mitigation, and strategy implementation. Ms. Johnston also has excellent team-building skills, demonstrated in her collaboration with local, national and international teams as well as advising and reporting sustainability subject matters to C-suites and Boards of Directors. She possesses great passion for the ESG and sustainability industry, and this dedication is accurately reflected in her deep knowledge of these sectors.
Prior to joining Northstar, Ms. Johnston held the role of Vice President, Sustainability & General Counsel at Certarus Ltd., a North American market leader in providing low carbon energy solutions and prior to that was a member of Norton Rose Fulbright LLP’s global risk advisory practice and led the environment, social and governance (ESG) practice in Canada . She was also Principal with Zoom Strategic Solutions and has held senior ESG-based roles at Total E&P Canada, and Williams Energy ULC. Ms. Johnston holds a Bachelor of Arts degree from the University of Alberta , a Bachelor of Laws degree from Dalhousie University in Nova Scotia and a Master of Laws degree (Distinction), specializing in International Law, from the University of New South Wales in Australia . She holds a certificate in Corporate Citizenship Management from the Carroll School of Management at Boston College . She is a member of the Law Society of Alberta and a Certified Compliance and Ethics Professional (CCEP).
Ms. Johnston stated, “I am thrilled to join Northstar, an emerging enterprise committed to being an environmentally responsible and sustainable clean technology company. Northstar has an incredible opportunity to develop and grow its sustainability agenda to create a more sustainable, circular and inclusive economy. I am very excited to continue my lifelong passion and career focus on sustainability and corporate responsibility, helping shape Northstar’s commitment to the following key priorities: (i) integrating sustainability objectives, (ii) environment, social and governance processes, and (iii) ESG disclosure strategies. I look forward to working together with my new colleagues and stakeholders to develop and implement a sustainability strategy that creates sustainable value now and into the future.”
As the Chief Sustainability Officer, Ms. Johnston will be responsible for the development and execution of Northstar’s sustainability strategy and internal and external engagement and reporting. In the near term, this will include exploration of the steps to monetize of Northstar’s carbon credit benefits, strategic positioning of Northstar’s low carbon footprint asphalt, and leading the effective measurement Northstar’s environmental footprint for the Empower Pilot Facility and the new scale up facilities as well as the implementation of sustainable practices in the design and installation of the new scale up facilities.
As the General Counsel for Northstar, Ms. Johnston will lead the legal agenda for the company.
Mr. Aidan Mills , President & CEO of Northstar, stated, “We are delighted to have Kellie join our team at this important time as we gain momentum with our asphalt shingle recovery process. Her deep experience in leading ESG delivery is exactly what we need as we move the business forward. We are building a strong team of highly experienced, deeply connected individuals to complement the growth of our Company. Kellie’s experience and strong leadership skills will be a valuable addition to the team at Northstar.”
About Northstar
Northstar Clean Technologies Inc. is a Vancouver -based clean technology company focused on the recovery and repurposing of single-use asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Northstar plans to process used or defective asphalt shingle waste back into its three primary components for reuse/resale at its Empower Facility in Delta, British Columbia . Northstar’s mission is to be one of the leading shingle material recovery providers in North America , extracting 99% of the recovered components from asphalt shingles that would otherwise be sent to a landfill.
For further information about Northstar, please visit www.northstarcleantech.com .
On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director
Cautionary Statement on Forward-Looking Information
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. The TSXV has neither approved nor disapproved the contents of this press release.
This press release may contain forward‐looking information within the meaning of applicable securities legislation, which forward‐looking information reflects the Company’s current expectations regarding future events. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking statements in this press release include the Company’s growth plans, its sustainability and ESG plans, its disclosure strategies, its ability to move an ESG agenda forward.  Forward‐looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking information. Such risks and uncertainties include, but are not limited to, factors discussed under “Risk Factors” in the final prospectus of the Company dated June 18, 2021 . The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
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SOURCE Northstar Clean Technologies Inc.

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 Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (“Northstar” or the “Company”) is pleased to announce that its common shares will commence trading on the OTCQB Venture Market (the “OTCQB”) in the United States under the ticker symbol ‘ROOOF’ at the start of trading today. In addition, the Company’s common shares are now eligible for book-entry and depository services at the Depository Trust Company (“DTC”), which will facilitate electronic clearing and settlement of transfers in the United States . The Company will continue trading on the TSX Venture Exchange under the symbol ‘ROOF’.

Aidan Mills , Northstar’s President & CEO, states, “We are pleased to commence trading on the OTCQB. This listing, together with DTC eligibility, should help expand our Company’s exposure to U.S. based investors and enhance trading liquidity for our U.S. based shareholders.”
About OTCQB
To be eligible for OTCQB, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency in the United States , as well as the technology and regulation to improve the information and trading experience for American investors.
About DTC
DTC is a subsidiary of The Depository Trust & Clearing Corp., which manages the electronic clearing and settlement of publicly traded securities in the United States . Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling a security to be traded over a much wider selection of brokerage firms.
About Northstar
Northstar Clean Technologies Inc. is a Vancouver -based clean technology company focused on the recovery and repurposing of single-use asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Northstar plans to process used or defective asphalt shingle waste back into its three primary components for reuse/resale at its Empower Facility in Delta, British Columbia . Northstar’s mission is to be one of the leading shingle material recovery providers in North America , extracting 99% of the recovered components from asphalt shingles that would otherwise be sent to a landfill.
For further information about Northstar, please visit www.northstarcleantech.com .
On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director
Cautionary Statement on Forward-Looking Information
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. The TSXV has neither approved nor disapproved the contents of this press release.
This press release may contain forward–looking information within the meaning of applicable securities legislation, which forward–looking information reflects the Company’s current expectations regarding future events. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking statements in this press release include the Company’s expectation that the OTCQB listing, coupled with DTC eligibility, should help expand the Company’s exposure and liquidity for its U.S. based investors and shareholders.  Forward–looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward–looking information. Such risks and uncertainties include, but are not limited to, factors discussed under “Risk Factors” in the final prospectus of the Company dated June 18, 2021 . The Company does not undertake any obligation to update such forward–looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. The Company does not intend, and do not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
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SOURCE Northstar Clean Technologies Inc.

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Universal PropTech Inc. (TSXV: UPI) (“UPI” or the “Company”) is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated February 1, 2022.
Chris Hazelton, Al Quong and Dan Cohen were elected directors of the Company. MNP LLP was re-appointed auditors of the Company and the amended and restated stock option plan was re-approved.
About Universal PropTech Inc.
Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings. As trusted advisors, we provide holistic evidence-driven solutions and services for building developers, owners, and operators in Canada. UPI operates through its wholly owned subsidiary, VCI Controls Inc. (“VCI”), a leading supplier and integrator of PropTech healthy building solutions and services. VCI is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI’s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.
With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.
Contact Information
Universal PropTech Inc.
Chris Hazelton
President and Chief Executive Officer
chazelton@universalproptech.com
(647) 300-2957
Forward-Looking Statements
Certain information provided in this press release constitutes forward-looking statements and information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “forecast”, expect”, “plan”, “intend”, “estimate”, “propose”, “project”, or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company’s securities not to place undue reliance on forward-looking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company.
The forward-looking information included herein is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange (“Exchange”), nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Click here to connect with Universal PropTech Inc. (TSXV: UPI) to receive an Investor Presentation
Source
Smart grid technology leader Tantalus Systems (TSX: GRID) (“Tantalus” or the “Company”) is pleased to announce that the Company will release its fourth quarter and year end 2021 financial results on Wednesday, March 23, 2022, before the market opens. The Company will hold a conference call and webcast to discuss the financial results on Wednesday, March 23, 2022, at 2:00 pm Eastern Time.
Conference Call
Participant Dial In (Toll Free) 1-844-854-4410
Participant International Dial In 1-412-317-5791
Participants please ask to be joined to the Tantalus Systems call.
Webcast
https://services.choruscall.com/mediaframe/webcast.html?webcastid=tgsu6HTG
Replay Information
A conference call replay will be available until March 31, 2022. The webcast will be available until March 23, 2023 at the link set out above.
To access the conference call replay, please see details below:
US Toll Free: 1-877-344-7529
International Toll: 1-412-317-0088
Canada Toll Free 1-855-669-9658
Replay Access Code 5067892
About Tantalus Systems Holding Inc. (TSX:GRID)
Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of public power and electric cooperative utilities and the communities they serve. Our solutions are purpose-built to allow utilities to restore power quickly after major disruptions, adapt to rapidly shifting consumer expectations and population shifts, innovate new solutions based on the adoption of distributed energy resources and evolve their grid infrastructure at their own pace without needless cost or complexity. All this gives our user community the flexibility they need to get the most value from existing infrastructure investments while planning for future requirements. Learn more at www.tantalus.com.
Forward-Looking Information:
This news release includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, and other statements that contain words such as “believe,” “expect,” “project,” “should,” “seek,” “anticipate,” “will,” “intend,” “positioned,” “risk,” “plan,” “may,” “estimate” or, in each case, their negative and words of similar meaning. By its nature, forward-looking information involves a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Readers should not place undue reliance on forward-looking information, which is based on the information available as of the date of this news release and Tantalus disclaims any intention or obligation to update or revise any forward-looking information contained in this new release, whether as a result of new information, future events or otherwise, unless required by applicable law. The forward-looking information included in this new release is expressly qualified in its entirety by this cautionary statement.
Contact Tantalus:
Jacquie Hudson
Marketing Communications Manager
613-552-4244 | jhudson@tantalus.com
Linda Armstrong
Investor Relations
647-456-9223 | larmstrong@tantalus.com
Website: www.tantalus.com
LinkedIn: LinkedIn/company/tantalus
Twitter: @TantalusCorp

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American Manganese Inc. (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) (“AMY” or the “Company”), a pioneer in advanced lithium-ion battery cathode recycling-upcycling, and its independent R&D contractor Kemetco Research Inc. (“Kemetco”) are pleased to report that the equipment in the Company’s demonstration plant is ready for commissioning. The plant is designed to demonstrate the RecycLiCo process in continuous operating conditions that will enable American Manganese to run the complete process and provide input for commercial operation
“The demonstration plant project is a pivotal and defining moment that will demonstrate the RecycLiCo process’ ability to operate at real-world operating conditions and provide actionable feedback towards the design and development of commercial lithium-ion battery recycling-upcycling plants,” said Larry Reaugh, President and CEO of American Manganese. “We will be working with third parties to validate the demonstration plant’s operating efficiencies and qualify large quantities of recycled-upcycled material to aid in the progression of strategic partnerships.”
The Company has received cathode scrap feedstock, with an NMC (lithium-nickel-manganese-cobalt oxide) chemistry, which is used in the latest generation electric vehicles. Once commissioned, the initial testing and operation of the demonstration plant system will commence with mechanical shredding of the cathode scrap and characterization of the feed material for hydrometallurgical processing. The hydrometallurgical processing is scheduled to run continuously while simultaneously measuring data points to monitor and collect process efficiencies. The demonstration plant will include the following core unit operations at the planned cathode scrap processing capacity of 500 kg/day:
After the initial demonstration plant program, AMY intends to continue additional operation testing of unit operations to produce upcycled materials for interested third parties. These unit operations will include the production of precursor cathode active material, lithium hydroxide, and lithium sulfate products to the desired specifications for lithium-ion battery re-manufacturing.
The global push for sustainability, rising fossil fuel prices, and supply chain instability have significantly influenced the demand and supply trends for battery metals such as lithium, nickel, cobalt, and manganese. AMY continues to advance commercialization of its intellectual property to provide a sustainable supply of these critical materials.
About American Manganese Inc.
American Manganese Inc. is a critical metals company focused on recycling and upcycling lithium-ion battery waste into high-value battery cathode materials, using its closed-loop RecycLiCo™ process. With minimal processing steps and over 99% extraction of lithium, cobalt, nickel, and manganese, the upcycling process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.
About Kemetco Research Inc.
Kemetco Research is a private sector integrated science, technology, and innovation company. Their Contract Sciences operation provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development for both industry and government. Their clients range from start-up companies developing new technologies through to large multinational corporations with proven processes.
Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it can offer a broader range of backgrounds and expertise than most laboratories.
On behalf of Management
American Manganese Inc.
Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Email: lreaugh@amymn.com
www.americanmanganeseinc.com
www.recyclico.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
SOURCE: American Manganese Inc.
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~Company delivers sixth consecutive quarter of record revenue, FY2021 revenue of $55.3 million , up 146% over FY2020 and a record sales order backlog over $50 million~
Greenlane Renewables Inc. (” Greenlane ” or the ” Company “) (TSX: GRN) (FSE: 52G) (OTC: GRNWF) today announced financial results for the fourth quarter and fiscal year ended December 31, 2021 . For further information on these results please see the Company’s Consolidated Financial Statements and Management’s Discussion and Analysis filed on SEDAR at www.sedar.com . All amounts are in Canadian dollars unless otherwise stated and in accordance with IFRS.
Fourth Quarter Highlights Include:
Fiscal Year 2021 Highlights Include:
“2021 was another outstanding year for Greenlane as we advanced our business strategy focused on helping to clean up two of the largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector,” said Brad Douville , President and CEO of Greenlane.  “The year was highlighted by the strongest revenue generation in the Company’s history. We also generated adjusted EBITDA of over $1 million for the fiscal year, a first for the Company. In addition to delivering 2.5 times year over year revenue growth, we achieved several important milestones through the course of the year, including graduating to the TSX, elimination of our outstanding debt, signing of our first acquisition to bring in-house compelling H ₂ S removal technology, and securing new system sales contract wins exceeding $57 million .”
“Looking ahead, we remain in a very strong position and are encouraged with the outlook for the RNG industry both in North America and abroad, as we continue to see expansion in both the transportation and natural gas utility sectors.  Our sales pipeline remains robust while our order backlog is now over $50 million .  Greenlane has strengthened its product offering through the acquisition of Airdep while establishing a footprint in Italy , one of the most dynamic RNG markets, creating new opportunities for sales of our biogas upgrading systems in the region.”
Greenlane continually updates its pipeline of active system sales opportunities, which at December 31, 2021 was over $850 million . For the full year this represented a net increase of more than $190 million in new opportunities and the movement of $57.7 million in signed contracts (including the sales announced on January 4, 2022 of $7.1 million ) into the sales order backlog. The sales pipeline at December 31, 2021 is consistent with the sales pipeline as at September 30, 2021 of over $850 million , reflecting both the net increase of approximately $20.0 million in new opportunities and the movement of $19.2 million in signed contracts (including the sales announced on January 4, 2022 of $7.1 million ) into the sales order backlog, in the quarter. The sales pipeline represents visibility to a significant number of opportunities that funnel down through our sales process, and those opportunities successfully converted into contract wins move into our sales order backlog ² . The Company’s sales order backlog of $50.1 million as at December 31, 2021 is a snapshot in time which varies from quarter end to quarter end. The sales order backlog increases by the value of new system sales contracts and is drawn down over time as projects progress towards completion with amounts recognized in revenue.
The Market Outlook
Global RNG consumption is poised to continue its strong upward trajectory.  In its most recent World Energy Outlook, the International Energy Agency (IEA) highlights the significant potential for biogas and biomethane as countries and industries continue to decarbonize, and projects that global biomethane consumption will increase at a compound annual growth rate exceeding 20 percent under both its Announced Policies and Sustainable Development scenarios through the end of this decade.  Under the IEA’s Announced Policies Scenario, global biomethane volumes are projected to reach approximately 4 percent of total 2020 natural gas supply by 2050, or approximately 5.5 trillion cubic feet.
Europe continues to see accelerating biomethane production and consumption in its natural gas grid transportation sector.  The number of biomethane plants operating today in Europe increased 40 percent over 2020 to reach over 1,000 facilities, 87 percent of which are connected to the natural gas grid, according to the European Biogas Association, which also projects that sustainable biomethane could meet 30 to 40% of the EU’s entire natural gas consumption by 2050.
New data from NGVA Europe, a transportation trade organization, revealed rapid growth in the use of biomethane as a transport fuel in Europe.  More than one quarter of the gas used in road transportation in 2020 was renewable, delivered through more than 3,800 CNG stations.  With more than 4,500 CNG and LNG stations operating in Europe today, there is a significantly higher amount of biomethane available compared to 2020. The European Commission estimates that renewable gas will represent approximately 40% of overall road fleet fuel consumption in 2030. As a reminder, last spring NGVAmerica and the RNG Coalition announced that for the first time ever more than half of all on-road fuel used in natural gas vehicles in the U.S. in 2020 was RNG at 53%.
Global delivery companies continue the push to decarbonize their fleets, as Amazon announced that its European CNG delivery fleet, which can use 100 percent bio-CNG, would exceed 1,000 vehicles by the end of 2022, matching its strategy in the U.S. with its previous commitment to purchase 1,000 CNG engines for its delivery fleet.  UPS, which has been an industry leader in sustainable transportation, announced that it was converting 25 package delivery vans in Canada to operate on CNG as it continues to reduce emissions from its delivery operations.
Natural gas utilities continue to increase RNG supply within gas supply networks. California’s Pacific Gas & Electric announced that pipeline-spec dairy RNG began flowing into its gas transmission system in late December, with the utility providing the clean renewable gas to its residential and commercial customers.  SoCalGas announced a 17 percent increase of RNG volumes distributed through its pipeline network in 2021 to 14 billion cubic feet, and remains on track to deliver 20 percent RNG to its core customers by 2030.
Long time RNG advocate FortisBC tripled its RNG supply to customers in 2021, and expects to triple supply again this year while also forecasting that it will likely exceed its target of 15 percent renewable and low carbon gas volumes in its supply by 2030 as it moves toward a 75 percent renewable and low carbon gas target by 2050. Oregon gas utility NW Natural, which believes that there is a significant and long-term need for RNG, recently announced an expansion of its role in the growing RNG market through the formation of a subsidiary focused on supplying renewable fuels to utilities and commercial, industrial, and transportation sector customers across the U.S.
Conference Call
The public is invited to listen to the conference call in real time by telephone at 2 pm PT ( 5 pm ET ) today, March 10th . To access the conference call by telephone, please dial: 1-800-319-4610 ( Canada & USA toll-free) or 604-638-5340. Callers should dial in 5-10 minutes prior to the scheduled start time and ask to join the Greenlane Renewables conference call.
Shortly after the conference call, the replay will be archived on the Greenlane Renewables website and replay will be available in streaming audio and a downloadable audio file.
SPECIFIED FINANCIAL MEASURES
Management evaluates the Company’s performance using a variety of measures, including “Adjusted EBITDA”, “gross margin” (gross profit excluding amortization), “sales pipeline” and “sales order backlog”. The specified financial measures, including non-IFRS measures and supplementary financial measures should not be considered as an alternative to or more meaningful than revenue or net loss. These measures do not have a standardized meaning prescribed by IFRS and therefore they may not be comparable to similarly titled measures presented by other publicly traded companies and should not be construed as an alternative to other financial measures determined in accordance with IFRS. The Company believes these specified financial measures provide useful information to both management and investors in measuring the financial performance and financial condition of the Company. Management uses these specified financial measures to exclude the impact of certain expenses and income that must be recognized under IFRS when analyzing consolidated underlying operating performance, as the excluded items are not necessarily reflective of the Company’s underlying operating performance and make comparisons of underlying financial performance between periods difficult. From time to time, the Company may exclude additional items if it believes doing so would result in a more effective analysis of underlying operating performance. The exclusion of certain items does not imply that they are non-recurring.
Adjusted EBITDA
Adjusted EBITDA is a non-IFRS measure and is defined by the Company as earnings before interest, taxes, foreign exchange, depreciation and amortization, as well as adjustments for other income (expense), value assigned to options and RSU’s granted, strategic initiatives, transaction costs and non-recurring items (professional fees related to shelf prospectus and other matters and adjustment for the bonus accrual in the comparative year of 2020).
Note 1 – Reconciliation of net loss to Adjusted EBITDA:
Fiscal year ended
December 31, 2021
$000’s
Fiscal year ended
December 31, 2020
$000’s
Net loss, before tax
(2,526)
(2,549)
Add back:
Share based compensation
1,098
414
Depreciation and amortization
1,571
1,526
Finance expense
87
495
Finance income
(162)
–
Other income
(207)
(1,777)
Foreign exchange (gain) loss
184
190
Professional fees (Shelf Prospectus)
101
–
Strategic initiatives
484
–
Transaction costs
451
–
Adjusted EBITDA Income (Loss)
1,081
(1,701)
Note 2 – Sales order backlog is a supplementary financial measure that refers to the balance of unrecognized revenue from contracted projects. The sales order backlog increases by the value of new system sales contracts and is drawn down over time as projects progress towards completion with amounts recognized in revenue (by reference to the stage of completion of each contract).
Note 3 – Greenlane maintains a sales pipeline of prospective projects that it updates regularly based on quote activity to ensure that it is reflective of sales opportunities that can convert into orders within approximately a rolling 24 month time horizon. The sales pipeline is a supplementary financial measure. Not all of these potential projects will proceed or proceed within the expected timeframe and not all of the projects that do proceed will be awarded to Greenlane. Additions to the amount in the sales pipeline come from situations where the Company provides a quote on a prospective project and reductions to the sales pipeline arise when the Company loses a prospective project to a competitor, a project does not proceed or, where a quote in the pipeline is converted to Greenlane’s sales order backlog.
Note 4 – Other than short-term payables and instruments securing performance associated with normal course operations.
All filings related to the fourth quarter and fiscal year ended December 31, 2021 are available on SEDAR at www.sedar.com .
About Greenlane Renewables
Greenlane Renewables is a pioneer in the rapidly growing renewable natural gas (“RNG”) industry. As a leading global provider of biogas upgrading systems, we are helping to clean up two of the largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector. Our systems produce clean, low-carbon and carbon-negative RNG from organic waste sources such as landfills, wastewater treatment plants, dairy farms, and food waste streams. Greenlane is the only biogas upgrading company offering the three main technologies: waterwash, pressure swing adsorption, and membrane separation and has over 30 years industry experience, patented proprietary technology, over 100 hydrogen sulfide treatment systems sold, and over 135 biogas upgrading systems sold into 19 countries, including many of the largest RNG production facilities in the world. For further information, please visit www.greenlanerenewables.com .
Forward Looking Information Advisory – This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as “may”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe”, “continues to”, or “continually” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen. The forward-looking information contained in this press release, includes, but is not limited to: Greenlane’s increased quarterly revenue in the fourth quarter and full year of 2021 being indicative of future growth in revenue, the anticipated benefits of acquiring Airdep including that its products strengthen Greenlane’s product offerings and will be attractive for sales into existing and new biogas projects globally, that there will be new opportunities and future growth, the state of the “sales pipeline” and the ability of the Company to convert opportunities into signed contracts, then deliver against them, including that the sales order backlog will be drawn down as the Company advances and completes projects to realize revenue, the overall growth of the global RNG market, that natural gas utilities will proceed with announced initiatives and projects, that regulatory changes will have a positive impact and support growth in the RNG industry; the ability of the Company to pursue strategic growth initiates and further invest in product enhancements; management’s belief that the sales pipeline represents visibility to a significant number of opportunities that will funnel down, through the sales process, and move into the sales order backlog; management’s expectations and beliefs regarding its ability to maintaining its competitive position going forward.  The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believes to be reasonable at the time such statements were made, including management’s perceptions of future growth, results of operations, operational matters, historical trends, current conditions and expected future developments, the state of competition in the RNG industry and competitors’ capabilities, that natural gas utilities will proceed with announced initiatives and projects, that regulations enacted will have beneficial effects, as well as other considerations that are believed to be appropriate in the circumstances. While management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond Greenlane’s control, could cause actual results to differ materially from the forward-looking information in this press release. Such factors include, without limitation: risks relating to Greenlane’s financial performance in 2022, Airdep’s products may not be attractive for sales into new and existing biogas projects globally, Greenlane may not be able to convert sales opportunities into contracts as expected, Greenlane may face impediments in delivering and advancing projects to be able to timely realize revenue reducing the sales backlog, Greenlane having a role in economies working towards combating climate change, large oil and gas producers not investing in the RNG industry as expected, RNG initiatives and projects of natural gas utilities being changed, delayed or cancelled, RNG not impacting the transportation sector and gas grid as expected, Greenlane’s market outlook, Greenlane’s market share of the RNG value chain, the state of competition in the RNG industry, Greenlane’s position as a leading biogas upgrading and project development solutions provider, US RNG production facilities not having the strong capacity growth expected; the transportation sector not focusing on low carbon fuel sources as anticipated, and large oil and gas producers not aiming to reduce their net carbon intensity as anticipated. Additional risk factors can also be found in the Company’s Management Discussion and Analysis, its Annual Information Form and in its base shelf prospectus dated June 24, 2021 , all of which have been filed under the Company’s SEDAR profile at www.sedar.com . Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
FINANCIAL OUTLOOK INFORMATION – This news release contains “financial outlook information” regarding Greenlane’s prospective revenue and results, which is subject to the same assumptions, risk factors, limitations, and qualifications as set forth in the above.  Revenue and other estimates contained in this news release were made by Greenlane management as of the date of this news release and are provided for the purpose of describing anticipated changes, and are not an estimate of profitability or any other measure of financial performance.  Investors are cautioned that the financial outlook information contained in this news release should not be used for purposes other than for which it is disclosed herein. The Company’s revenues are largely derived from a relatively small number of biogas upgrader orders accounted for on a stage of completion basis over typically a nine to eighteen-month period.  Timing of new contract awards varies due to customer-related factors such as finalizing technical specifications and securing project funding, permits and RNG off-take and feedstock agreements. Some contracts contain termination provisions that allow the customer to terminate with no penalty or with minimum prescribed threshold payments based on the length of time since the contract was entered into. Some projects have built-in pause periods to allow customers to complete concurrent activities such as civil work. As a result, the Company’s revenue varies from month to month and quarter-to-quarter. THE COMPANY QUALIFIES ALL THE FORWARD LOOKING STATEMENTS AND FINANCIAL OUTLOOK INFORMATION CONTAINED IN THIS NEWS RELEASE BY THE FOREGOING CAUTIONARY STATEMENTS.
Neither the TSX Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this news release.
SOURCE Greenlane Renewables Inc.

View original content: http://www.newswire.ca/en/releases/archive/March2022/10/c8843.html
News Provided by Canada Newswire via QuoteMedia

Greenlane Renewables CEO Brad Douville: Demand for Decarbonisation Is Fueling Business Growthyoutu.be
Greenlane Renewables (TSXV:GRN) CEO Brad Douville discusses how the company is making money and growing by providing the right equipment to upgrade the production of renewable natural gas (RNG).
“We’re making money right now,” Douville said. “And how are we doing that? We sell the equipment that does what we refer to in the industry as upgrading. We remove the impurities, and then we separate the carbon dioxide from the biomethane to create high-purity biomethane that’s suitable for direct use in vehicles or direct injection into the local pipeline network.”
Greenlane Renewables creates the specifications for the equipment from its standard products and oversees installation and commissioning. Last year, the company’s Greenlane Biogas North America was awarded a C$12.1 million contract by FortisBC Energy for the supply of a biogas upgrading system for a new project at the Vancouver landfill in BC, Canada. Greenlane also closed its acquisition of Airdep, a provider of biogas desulfurization and air deodorization products based in Vicenza, Italy.
According to Douville, Airdep had very attractive technology that does hydrogen sulfide removal. The company was relatively undiscovered, so Greenlane took the chance to bring it in-house and take its products global. Douville said the acquisition has allowed Greenlane to offer incremental value to its customers.
“We started as a venture-listed company of the TSXV. Usually it takes quite a number of years to graduate to the senior board. But our growth has been phenomenal. We’ve been growing, you know, 100 percent annually. We were only on the junior board for 18 months until we graduated,” Douville said.
“It’s been a really good response from the investor base. The markets certainly embraced the products that we sell, and it’s been a tremendous ride in terms of the growth in the business. We aren’t currently seeing that subside anytime soon.”
Watch the full interview of Greenlane Renewables CEO Brad Douville above.
Disclaimer: This interview is sponsored by Greenlane Renewables (TSXV:GRN). This interview provides information that was sourced by the Investing News Network (INN) and approved by Greenlane Renewables in order to help investors learn more about the company. Greenlane Renewables is a client of INN. The company’s campaign fees pay for INN to create and update this interview.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Greenlane Renewables and seek advice from a qualified investment advisor.
This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN) (FSE: 52G) will announce its 2021 fourth quarter and fiscal year financial results on Thursday, March 10 th 2022 after markets close, followed by a conference call at 5:00 PM ET ( 2:00 PM PT ).  Representing management will be Brad Douville President and Chief Executive Officer and Lynda Freeman Chief Financial Officer. A question-and-answer period with analysts will follow brief remarks from management.
Live Conference Call
The public is invited to listen to the conference call in real time by telephone. To access the conference call by telephone, please dial: 1-800-319-4610 ( Canada & USA toll-free) or 1-604-638-5340. Callers should dial in 5-10 minutes prior to the scheduled start time and ask to join the Greenlane Renewables conference call.
Shortly after the conference call, the replay will be archived on the Greenlane Renewables website and replay will be available in streaming audio and a downloadable audio file.
About Greenlane Renewables
Greenlane Renewables is a pioneer in the rapidly growing renewable natural gas (“RNG”) industry. As a leading global provider of biogas upgrading systems, we are helping to clean up two of the largest and most difficult-to-decarbonize sectors of the global energy system: the natural gas grid and the commercial transportation sector. Our systems produce clean, low-carbon and carbon-negative RNG from organic waste sources such as landfills, wastewater treatment plants, dairy farms, and food waste streams. Greenlane is the only biogas upgrading company offering the three main technologies: waterwash, pressure swing adsorption, and membrane separation and has over 30 years industry experience, patented proprietary technology, over 100 hydrogen sulfide treatment systems sold, and over 135 biogas upgrading systems sold into 19 countries, including many of the largest RNG production facilities in the world. For further information, please visit www.greenlanerenewables.com .
SOURCE Greenlane Renewables Inc.

View original content: http://www.newswire.ca/en/releases/archive/March2022/03/c7494.html
News Provided by Canada Newswire via QuoteMedia

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