VANCOUVER, British Columbia — Northstar Clean Technologies (TSXV: ROOF), a clean technology company focused on the recovery and repurposing of single-use asphalt shingles, recently raised $12.24 million and subsequently listed on the TSX Venture Exchange.
Northstar's Bitumen Extraction and Separation Technology (BEST) uses a proprietary process to separate the liquid asphalt, fiber and aggregate sands from discarded or defective asphalt roofing shingles destined for landfills. In an era when technology companies often go public while they still in the conceptual stage, Northstar has a fully constructed facility in Delta, British Columbia in the commercialization phase with steady-state production expected in Q4 2021.