Northstar Clean Technologies plans non-brokered private placement of C$2.38 million convertible debentures to Allmine

Bitget2026/10/06 11:30

Northstar Clean Technologies launched a non-brokered private placement of three-year unsecured convertible debentures to Allmine Paving. Financing totals US$1.8 million, the final tranche of a previously announced US$10 million strategic investment. Closing requires TSXV clearance; C$2,138,400 principal expected first, with C$237,600 tied to an ERA holdback release. Debentures carry 10% annual interest; convertible into units at C$0.29, each unit includes a share plus half-warrant. Warrants exercise at C$0.50 until debenture maturity; proceeds earmarked for operations, US development work, working capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northstar Clean Technologies Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610060730CANADANWCANADAPR_C5528) on October 06, 2026, and is solely responsible for the information contained therein.

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