Northstar Announces Draw of $2.7 Million from BDC Project Loan Facility and Timing of Q3 2024 Investor Webinar
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Northstar Clean Technologies Inc. has drawn $2.7 million from its $8.75 million BDC project loan for its Calgary facility. This marks the second draw, following a previous $1.6 million draw. The company also announced the timing for its Q3 2024 investor webinar.
November 25, 2024 | 1:15 pm
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Northstar Clean Technologies has drawn $2.7 million from its BDC loan, indicating progress in funding its Calgary facility. This financial move supports the company's growth and operational plans.
The drawdown of $2.7 million from the BDC loan facility suggests that Northstar is advancing its project in Calgary, which could lead to increased operational capacity and potential revenue growth. This is a positive development for the company, likely to boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90