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Firma Advanced Carbon Materials Inc. Announces Acquisition of Northstar Sustainable Energy, LLC


Firma Advanced Carbon Materials Inc. Announces Acquisition of Northstar Sustainable Energy, LLC
ACCESSWIRE
20 May 2021, 22:31 GMT+10
WHEATON, IL / ACCESSWIRE / May 20, 2021 / (OTC PINK:FRMA) - Firma Advanced Carbon Materials Inc., a wholly-owned subsidiary of Firma Holdings Corp., is pleased to announce that it has entered into an Agreement to acquire a 51% interest in the existing shares of NorthStar Sustainable Energy LLC, a Kentucky-based operator of the state of the art Huff Plant which is a Carbon Enhancement facility for heavy media course and fine coal cleaning rated at 450 tons/hr. The transaction is based on a typical 60-day due diligence period.
Sebastien Dufort, CEO/Chairman of Firma Holdings Corp., stated; We are extremely excited to complete this transaction, as NorthStar through the R.H Group is comprised of over 130 million recoverable tons of very high quality, high-vol coal reserves, mining permits, a modern preparation plant and tipples on both t ....

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