Core Viewpoint - Aduro Clean Technologies Inc. has successfully closed a public offering of common shares and warrants, raising approximately US$20 million to fund its clean technology initiatives [1][2]. Group 1: Offering Details - The offering consisted of 1,739,130 common shares and accompanying warrants to purchase 869,565 common shares [1]. - Each whole warrant has an exercise price of US$16.00 per share, is immediately exercisable, and will expire three years from the issuance date [1]. - The underwriters were granted a 45-day over-allotment option to purchase up to an additional 260,869 common shares and/or warrants for an additional 130,434 common shares [3]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used for the construction of a Demonstration-Scale Plant, with any remaining funds allocated for ongoing research and development, general corporate purposes, and working capital [2]. Group 3: Regulatory Compliance - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [4][5]. - The securities were offered and sold exclusively in the United States, with no sales to Canadian purchasers [4]. Group 4: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies aimed at chemically recycling waste plastics and converting heavy crude and bitumen into more valuable oil [7]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, transforming low-value feedstocks into valuable resources for the 21st century [7].

Core Viewpoint - Aduro Clean Technologies Inc. has successfully completed an underwritten public offering, raising approximately US$1.2 million through the issuance of additional common shares and warrants, which will be utilized for research and development, construction of a demonstration-scale plant, and general corporate purposes [1][3]. Group 1: Offering Details - The company issued 142,180 common shares and 71,090 warrants, with each whole warrant exercisable into one common share at an exercise price of US$10.13, expiring three years from issuance [1][2]. - The offering was managed by D. Boral Capital LLC, which acted as the sole book-running manager [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to ongoing research and development costs, expenditures for the construction of the demonstration-scale plant, and any remaining funds for general corporate purposes and working capital [3]. Group 3: Regulatory Information - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus, both effective as of May 28, 2025 [4][5]. - The securities were offered and sold exclusively in the United States, with no sales to Canadian purchasers [4]. Group 4: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies aimed at chemically recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [8]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, providing a cost-effective solution for converting low-value feedstocks into valuable resources [8].