Northstar Clean Technologies

Overview

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: https://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.

Company Highlights

• Northstar Clean Technologies is an emerging clean technology company focused on providing single-use asphalt shingle material recovery solutions across North America. The company leverages strategic positioning in the green-friendly jurisdiction of Metro Vancouver, British Columbia.
• Northstar aims to become the leading asphalt shingle material recovery provider in North America.
• The company’s business model includes a two-tier, input and output revenue stream that combines input revenue from tipping fees and output revenue from the sale of its three recovered components.
• The company offers the perfect storm of market size and advanced positioning with an established off-take agreement with a major multi-national construction corporation.
• Northstar Clean Technologies expects to commence commercial production of its fully constructed Empower Facility in Q1 2022. Success from this operation could fast-track development of its first expansion facility.
• The company is led by industry professionals with proven track records of success and over 280 years of combined operational and capital markets experience.