Northstar Secures 15-Year Lease Extension for Delta, B.C., Facility

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

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

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

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

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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