09:55 AM EST - Northstar Clean Technologies Inc. : Announced that its wholly owned subsidiary Empower Environmental Solutions Calgary Ltd. has signed a non-binding letter of intent for a potential long-term 15-year lease for an industrial zoned property of 3.98 acres located in Greater Calgary, Alberta as the site for the Company's planned scale-up facility. The LOI is for an initial term of 15 years, with two extension options of five years each. The 125m x 125m site is strategically located just outside of metropolitan Calgary, easily accessed 4.4km southeast of the City of Calgary East Landfill. The Company is expected to have access to the site starting July 1, 2023 . The Property is currently zoned as industrial; however, the standard change of land-use development permit application required by the municipality was submitted on August 2, 2022 and is expected to be received in the next 45 days. The lease also allows for certain improvements to be made and financed under the lease at Northstar's discretion. Northstar Clean Technologies Inc.
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