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Aduro Clean Technologies Announces Pricing of US$20 Million Underwritten Public Offering
Globenewswire· 2025-12-19 13:00
LONDON, Ontario, Dec. 19, 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, today announced the pricing of its underwritten U.S. public offering (the “Offering”) of 1,739,130 common shares, together with accompanying warrants to purchase 869,565 common sha ...
Aduro Clean Technologies Advances Demonstration Plant Program; Begins Global Site Selection Project
Globenewswire· 2025-10-09 11:00
Core Insights - Aduro Clean Technologies Inc. has initiated a global site-selection process for its Demonstration Plant program, focusing on locations in Canada, Europe, and Mexico [1][2] - The Next Generation Process (NGP) Pilot Plant is on schedule, validating technical aspects for scale-up and optimizing key parameters [2][4] - A multidisciplinary team is efficiently progressing through the site-selection project, with a shortlist of candidate locations expected by the end of the year [3][4] Site Selection Criteria - The site selection is crucial for jurisdictional permitting, economic modeling, and ensuring access to reliable feedstock supply [2][4] - Standardized evaluation criteria include: - Feedstock and logistics alignment: proximity to waste-plastic supply and efficient transport networks [6] - Offtake and market connectivity: regional demand for recycled intermediates and compliance with Extended Producer Responsibility (EPR) programs [6] - Mass balance readiness: ability to implement certified chain-of-custody systems for circular content claims [6] - Regulatory and permitting pathways: frameworks governing environmental approvals and recycling legislation [6] - Incentives and local support: availability of industrial development incentives and community engagement [6] - Utilities and infrastructure: necessary energy, water, and transport links for operations [6] - Future expansion: sites accommodating growth from 8,000 tonnes per year to 16,000-20,000 tonnes per year [6] Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics and converting heavy crude into valuable oil [5] - The Hydrochemolytic™ Technology operates at low temperatures and costs, transforming low-value feedstocks into valuable resources [5]
Aduro Clean Technologies Initiates Marketing Campaign
Globenewswire· 2025-08-29 11:00
Core Viewpoint - Aduro Clean Technologies Inc. has initiated a marketing campaign through agreements with investor relations and marketing firms to enhance brand awareness among retail investors [1] Group 1: Marketing Agreements - The company entered into a TIA Agreement with The Investing Authority for investor relations and marketing services, including social media campaigns and analytics reporting, for an initial term of 1 month starting September 16, 2025, with a total potential fee of up to US$187,500 [2][3] - The Stocktwits Agreement allows Stocktwits to provide marketing services such as native advertisements and video promotions, also for an initial term of 1 month starting September 16, 2025, with a total potential fee of up to US$125,000 [4][5] - The LFG Agreement with LFG Equities Corp. includes marketing consulting services for an initial term of 1 month starting September 16, 2025, with a total potential fee of up to US$187,500 [7][8] Group 2: Service Details - Services provided by The Investing Authority will be disseminated through various platforms including Discord, Reddit, X/Twitter, YouTube, and email [3] - Stocktwits will utilize its platform for real-time discussions and advertisements, enhancing visibility among investors [5] - LFG will focus on messaging development and influencer engagement, distributing content through media channels and newsletters [8] Group 3: Financial Implications - The company has committed to pay US$75,000 upon entering each of the TIA and LFG agreements, with additional payments contingent on extensions [3][8] - The Stocktwits agreement includes an initial payment of US$50,000, with further payments based on potential extensions [5]
Aduro Clean Technologies Announces Closing of Underwriter's Over-Allotment Option in Public Offering
GlobeNewswire News Room· 2025-06-20 20:33
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].
Aduro Clean Technologies Announces Pricing of US$8 Million Underwritten Public Offering
Globenewswire· 2025-06-10 12:00
Core Viewpoint - Aduro Clean Technologies Inc. has announced a public offering of 947,868 common shares at a price of US$8.44 per share, aiming to raise approximately US$8 million for research and development, construction of a demonstration-scale plant, and general corporate purposes [1][2]. Group 1: Offering Details - The offering includes 947,868 common shares and accompanying warrants to purchase 473,934 common shares, with each whole warrant exercisable at US$10.13 and expiring three years from issuance [1]. - The offering is managed by D. Boral Capital LLC as the sole book-running manager [2]. - An over-allotment option allows underwriters to purchase an additional 142,180 common shares and/or warrants for 71,090 common shares within 45 days [3]. 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 a demonstration-scale plant, and any remaining funds for general corporate purposes and working capital [2]. Group 3: Regulatory Information - The offering is 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]. - The base shelf prospectus has been filed with applicable securities commissions in Canada and the SEC, and is available for public access [5]. Group 4: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies for recycling waste plastics, converting heavy crude into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [7]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, aiming to convert low-value feedstocks into valuable resources for the 21st century [7].