Northstar Signs Waste Asphalt Shingle Supply Letter of Intent with YORK1 for Northstar's Empower Hamilton Facility

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) has signed a non-binding letter of intent (LOI) with YORK1 Environmental Waste Solutions Ltd. as general partner for and on behalf of York1 Environmental Waste Solutions, LP (YORK1) for the supply of waste roofing shingles and co-location of complimentary facilities at the Company's planned facility in southwestern Ontario (the "Empower Hamilton Facility"). The LOI expires on December 31, 2025, with the parties anticipating entering into a definitive agreement by June 30, 2025. Empower Hamilton initially anticipates receiving up to 10,000 tonnes of asphalt shingles for reprocessing per annum from YORK1 facilities, with a mutual understanding for the companies to increase the supply volume through time.

This strategic alliance is a significant milestone for Northstar, as it secures a reliable and consistent supply of waste asphalt shingles, which is crucial for the success of their operations and their ability to make a significant environmental impact in southern Ontario. By working with YORK1, Northstar can create a scalable, sustainable solution for the reprocessing of asphalt shingles, aligning with their mission to lead the recovery and reprocessing of asphalt shingles in North America.

The partnership with YORK1 also contributes to Northstar's overall growth plans, as it allows them to advance the Empower Hamilton Facility project. The next steps in this project include transitioning the LOI into a definitive agreement, commencing permitting and government grant applications in early 2025, and entering into advanced negotiations for feedstock and off-take agreements for the future Empower Hamilton Facility.



The strategic alliance with YORK1 is expected to have several environmental benefits, including waste reduction, resource conservation, energy efficiency, carbon footprint reduction, and landfill diversion. By reprocessing waste asphalt shingles, the partnership can help reduce the amount of waste sent to landfills, conserve valuable resources such as liquid asphalt, aggregate, and fiber, and lower greenhouse gas emissions associated with the production of new materials and energy. This aligns with Northstar's mission to create a more sustainable and circular economy.

In conclusion, the strategic alliance between Northstar Clean Technologies and YORK1 Environmental Waste Solutions is a significant step towards creating a sustainable asphalt shingle recycling industry in North America. By securing a reliable supply of waste asphalt shingles and advancing the Empower Hamilton Facility project, Northstar is well-positioned to make a meaningful difference to southern Ontario's landfills and contribute to a more sustainable future.