Business
Northstar Announces 2021 Financial Results and Details of Virtual Investor Webcast
Northstar Announces 2021 Financial Results and Details of Virtual Investor Webcast ...
About this update from Northstar Clean Technologies, Inc.
[{"type":"text","content":"\n \n \n \n Northstar Announces 2021 Financial Results and Details of Virtual Investor Webcast\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Financial Highlights\n \n \n \n \n \n \n \n \n $6.0 million\n \n in cash as at\n \n December 31, 2021\n \n \n \n \n \n \n \n Total assets increased by\n \n $7.5 million\n \n while total liabilities increased by\n \n $0.6 million\n \n compared to\n \n December 31, 2020\n \n \n \n \n \n \n \n Working capital surplus of\n \n $5.5 million\n \n compared to a working capital deficit of\n \n $0.06 million\n \n compared to\n \n December 31, 2020\n \n \n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n April 25, 2022\n \n \n /CNW/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (\"Northstar\" or the \"Company\") is pleased to announce that today it has filed its audited annual financial statements and management's discussion and analysis (\"MD&A\") on SEDAR for the year ended\n \n December 31, 2021\n \n . These documents are also available on the Company's website at\n \n www.northstarcleantech.com\n \n . The Company has scheduled a virtual investor webcast to discuss these financial results and to provide a business update to the investment community on\n \n Thursday, April 28, 2022\n \n at\n \n 2:00 pm PST\n \n /\n \n 5:00 pm EST\n \n . Details are provided below.\n \n \n \n \n \n \n \n \n \n Mr.\n \n Aidan Mills\n \n , President & CEO of Northstar, commented, \"In 2021, the Northstar team did an excellent job of laying the groundwork for Northstar's future. 2021 was the most progressive and successful year for our Company to date. Our\n \n $12.24 million\n \n financing completed in\n \n July 2021\n \n funded the development of our Empower Pilot Facility in\n \n Delta, British Columbia\n \n and supported the development of our planned Calgary Empower Facility in\n \n Calgary, Alberta\n \n . We are now in steady state production at our Empower Pilot Facility and progressing towards commercial production. We also recently c...