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Northstar Raises $1.0 Million in Debenture Proceeds
Northstar Raises $1.0 Million in Debenture Proceeds Canada NewsWire CALGARY, AB ...
About this update from Northstar Clean Technologies, Inc.
[{"type":"text","content":"\n\n\nNorthstar Raises $1.0 Million in Debenture Proceeds\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n\n\n\n\n\nCanada NewsWire\n\n\nCALGARY, AB, Jan. 28, 2026 /CNW/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) (\"Northstar\" or the \"Company\") is pleased to announce a second closing of unsecured debentures totaling $1,000,000 (the \"Financing\"). This closing was completed on terms that are substantially similar to the debentures previously announced by the Company on December 9, 2025.  Certain minor changes to the terms were agreed to with subscribers under the Financing, principally relating to the number of warrants issuable and the applicable exercise price. The terms of the Financing are set out below:\n\n\n\n\n\n\n\nUnit composition:                 \n$5,000 face value debenture with 2,500 detachable non-transferable whole warrants per unit\nCoupon:                               \n9.0%, paid semi-annually in cash or shares (as described below)\nTotal proceeds:                     \n$1,000,000 (200 units)\nWarrant exercise price:         \n$0.35 per warrant\nWarrant term:                       \n36 months from closing\nSecurity:                               \nUnsecured\n\"This Financing reflects our continued commitment to minimizing the dilution from our funding strategies as we advance Nor...