Core Viewpoint - Aduro Clean Technologies Inc. has entered into a market-making agreement with Generation IACP Inc. to enhance the liquidity of its shares on the Canadian Securities Exchange [1][2]. Group 1: Agreement Details - The agreement with Generation IACP is effective from May 12, 2025, and is set for an initial term of six months, automatically renewing for successive six-month periods unless terminated with 30 days' notice [2]. - Generation will receive a monthly fee of US$8,000 during the initial term, increasing to US$9,000 for the first renewal term, and thereafter will increase by 3% annually on each anniversary of the agreement [3]. - Generation is independent of Aduro and does not currently own any securities of the company, although it may acquire interests in the future [4]. Group 2: Company Background - Aduro Clean Technologies specializes in patented water-based technologies aimed at recycling waste plastics, converting heavy crude into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [6]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, which is designed to convert low-value feedstocks into valuable resources for the 21st century [6]. Group 3: Market Context - The CFO of Aduro noted an increasing interest from both institutional and retail investors, indicating a positive market sentiment towards the company's growth story [5].
Aduro Clean Technologies Engages Generation IACP to Provide Market Making Services