Northstar has a non-binding lease agreement for a planned Baltimore asphalt-shingle recycling facility and a non-binding Export Development Canada indication for potential US project financing. Half of CVW's Northstar debenture principal is intended to convert at stated thresholds into a gross-revenue royalty calculated at 1.7143% per C$1.0 million of converted principal, currently about 13.9% per future facility.
- Country
- United States
- Stage
- Pre-Feasibility