Brief: Northstar And Renewable U Energy Inc. Announce Strategic Partnership To Fully Fund Northstar's Phase 1 Expansion Program Through Financing Of Over $43.5 Million
Oct 4 (Reuters) - Northstar Clean Technologies Inc
ROOF.V :
* NORTHSTAR AND RENEWABLE U ENERGY INC. ANNOUNCE STRATEGIC
PARTNERSHIP TO FULLY FUND NORTHSTAR'S PHASE 1 EXPANSION PROGRAM
THROUGH FINANCING OF OVER $43.5 MILLION
* CO TO ISSUE 4,500,000 WARRANTS AT AN EXERCISE PRICE OF
$0.60 PER
COMMON SHARE, EXERCISABLE OVER 24 MONTHS
* OVER $36 MILLION IN DEBT FINANCING FOR THE PHASE 1
EXPANSION
PROGRAM COMMITTED
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