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Northstar Clean Technologies Inc. announces closing of C$3.6 million in funding for transition to commercial operations and future facility business development

Fasken
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Overview

Client

Northstar Clean Technologies Inc.

On July 28, 2025, Northstar Clean Technologies Inc. (“the Company”) announced the closing of a non-brokered private placement of 11,926,664 units at a purchase price of C$0.30 per unit for aggregate gross proceeds of approximately C$3.6 million to transition the Company to commercial operations and fund ongoing business development efforts for Hamilton and its first US site.

Fasken advised Northstar Clean Technologies Inc. with a team comprised of Sarah Gingrich, Jason Giborski, Payton Holliss and Samuel Kalmakoff (Capital Markets and Mergers & Acquisitions).

Jurisdiction

  • British Columbia

Team

  • Sarah Gingrich, Partner | CO-LEADER, CAPITAL MARKETS AND MERGERS & ACQUISITIONS (CM AND M&A), Calgary, AB, +1 587 233 4103, [email protected]
  • Jason Giborski, Partner | Emerging Technology & Venture Capital, Corporate/Commercial, Calgary, AB, +1 403 261 6154, [email protected]
  • Payton Holliss, Associate | Capital Markets, Mergers & Acquisitions, Calgary, AB | Toronto, ON, +1 403 261 9430, [email protected]
  • Samuel Kalmakoff, Associate | Capital Markets, Mergers & Acquisitions, Calgary, AB, +1 403 261 9454, [email protected]
Sarah Gingrich, Partner | CO-LEADER, CAPITAL MARKETS AND MERGERS & ACQUISITIONS (CM AND M&A) Sarah Gingrich Partner | CO-LEADER, CAPITAL MARKETS AND MERGERS & ACQUISITIONS (CM AND M&A) Calgary, AB +1 587 233 4103
Jason Giborski, Partner | Emerging Technology & Venture Capital, Corporate/Commercial Jason Giborski Partner | Emerging Technology & Venture Capital, Corporate/Commercial Calgary, AB +1 403 261 6154
Payton Holliss, Associate | Capital Markets, Mergers & Acquisitions Payton Holliss Associate | Capital Markets, Mergers & Acquisitions Calgary, AB Toronto, ON +1 403 261 9430
Samuel Kalmakoff, Associate | Capital Markets, Mergers & Acquisitions Samuel Kalmakoff Associate | Capital Markets, Mergers & Acquisitions Calgary, AB +1 403 261 9454