LONDON, Ontario, July 03, 2025 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, announces today that it has granted (the “Option Grant”) an aggregate of 743,500 stock options (each, an “Option”) to purchase up to 743,500 common shares of the Company to certain ...

Core Insights - Aduro Clean Technologies Inc. has appointed David Weizenbach as Chief Operating Officer effective July 1, 2025, to support the company's expansion and pilot-scale execution [1][3][4] Company Overview - Aduro Clean Technologies specializes in clean technology, transforming lower-value feedstocks such as waste plastics and heavy bitumen into valuable resources using patented water-based technologies [7] Leadership Appointment - David Weizenbach brings over 30 years of experience in engineering leadership and operations, including 25 years at NOVA Chemicals, where he developed expertise in process automation and capital project delivery [2][5] - His recent consulting role with Aduro involved operational planning and scale-up strategy, facilitating a smooth transition into the COO position [3][4] Operational Focus - Weizenbach's leadership is expected to enhance the commissioning of the Next Generation Process (NGP) pilot plant and establish a foundation for demonstration-scale facilities and commercial deployment [2][4][6] - His background in managing complex technical environments and guiding organizations through technology transitions will be crucial for Aduro's operational framework [2][6] Technology and Innovation - Aduro's Hydrochemolytic™ Technology operates at relatively low temperatures and costs, utilizing water as a critical agent to convert low-value feedstocks into higher-value resources [7]

Aduro Clean Technologies Inc. Interim Condensed Consolidated Financial Statements For the three and nine months ended February 28, 2025 (Unaudited) (Expressed in Canadian Dollars) Aduro Clean Technologies Inc. Consolidated Statements of Financial Position Expressed in Canadian Dollars | | | February 28, 2025 | | May 31, 2024 | | --- | --- | --- | --- | --- | | ASSETS | | | | | | Current | | | | | | Cash and cash equivalents | $ | 8,362,459 | $ | 2,814,576 | | Deposits and prepaid expenses (Note 5) | | 1,418 ...

Aduro Clean Technologies Inc. Interim Condensed Consolidated Financial Statements For the three and six months ended November 30, 2024 (Unaudited) The accompanying notes are an integral part of these interim condensed consolidated financial statements. (Expressed in Canadian Dollars) Aduro Clean Technologies Inc. Consolidated Statements of Financial Position Expressed in Canadian Dollars | | | November 30, 2024 | | May 31, 2024 | | --- | --- | --- | --- | --- | | ASSETS | | | | | | Current | | | | | | Cash ...

Aduro Clean Technologies Inc. Interim Condensed Consolidated Financial Statements For the three months ended August 31, 2024 (Unaudited) (Expressed in Canadian Dollars) Aduro Clean Technologies Inc. Consolidated Statements of Financial Position Expressed in Canadian Dollars | | | | August 31, 2024 | | May 31, 2024 | | --- | --- | --- | --- | --- | --- | | ASSETS | | | | | | | Current | | | | | | | Cash and cash equivalents | | $ | 5,950,892 | $ | 2,814,576 | | Deposits and prepaid expenses (Note 4) | | | 45 ...