Core Viewpoint - CleanGo Innovations Inc. announced the issuance of up to 1 million bonus warrants in connection with a consulting agreement, aimed at enhancing its capital structure and incentivizing stakeholders [1][2]. Group 1: Bonus Warrants Details - Each bonus warrant allows the holder to purchase one common share at an exercise price of CAD$0.54 for a period of 24 months from the issue date [2]. - The warrants include an acceleration clause that enables their acceleration if the shares trade at or above CAD$0.75 for any 10 consecutive trading days [2]. - There is a hold period of four months and one day from the date of issuance for the warrants [2]. Group 2: Company Overview - CleanGo Innovations Inc. is a publicly traded Canadian company focused on developing and commercializing proprietary non-toxic and biodegradable cleaning and industrial solutions [2]. - The company targets the oil services and industrial cleaning markets, emphasizing environmental sustainability through its innovative product suite [2]. - CleanGo serves critical cleaning needs across various sectors, including oil and gas, mining, commercial, and retail, on a global scale [2].
CleanGo Innovations Inc. Corporate Update
Thenewswireยท2025-08-07 21:45