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Clear Blue Technologies International to provide Corporate Update and Report Fiscal 2024 Financial Results and Host Conference Call on Thursday, May 1st, 2025
Globenewswire·2025-04-28 11:00

Corporate Update - Clear Blue Technologies International Inc. will provide a corporate update and report financial results for fiscal 2024 on April 30, 2025, after market close [1] - The company has successfully completed its financial restructuring and is now positioned to execute on future opportunities [2] Conference Call - A conference call is scheduled for May 1, 2025, at 11:00 a.m. Eastern Time to review the financial restructuring, 2024 results, and provide an update on the 2025 outlook and growth plan [2] Financial Restructuring - On April 9, 2025, the company announced the completion of its financial restructuring, which included a transaction with RE Royalties that replaced its banking loan [3] - The TSX-V approved the issuance of 1,388,889 equity units, each consisting of one common share priced at CAD 0.18 and one common share purchase warrant exercisable at CAD 0.30 for 24 months [3] Company Overview - Clear Blue Technologies International focuses on delivering clean, managed, "wireless power" for reliable, low-cost solar and hybrid power solutions across various applications [4] - The company manages thousands of systems across 37 countries, including the U.S. and Canada [4]