Core Viewpoint - Aduro Clean Technologies Inc. has selected Chemelot Industrial Park in the Netherlands for its planned industrial scale-up facility, which will utilize Hydrochemolytic Technology for the chemical recycling of waste plastics, marking a significant step towards commercial operation [1][2]. Company Overview - Aduro Clean Technologies is focused on transforming lower value feedstocks, such as waste plastics and heavy bitumen, into valuable resources using patented water-based technologies [10]. - The company's Hydrochemolytic™ technology operates at relatively low temperatures and costs, aiming to convert low-value feedstocks into resources for the 21st century [10]. Facility Details - The planned facility will be a First-of-a-Kind (FOAK) industrial plant with an initial processing capacity of approximately 10,000 tonnes per year, with potential for phased expansion [7]. - The site selection process involved extensive due diligence across multiple candidate locations, ultimately choosing Chemelot for its technical, industrial, and strategic advantages [5][6]. Chemelot Industrial Park - Chemelot is a leading integrated chemical industry cluster in Europe, featuring shared utilities and a centralized wastewater treatment system, which supports efficient industrial project development [3]. - The site aims to transition towards a climate-neutral, circular chemistry and materials site, focusing on increasing the use of non-fossil and circular feedstocks [3][12]. Ecosystem and Innovation - Brightlands Chemelot Campus, located within Chemelot, serves as an open-innovation ecosystem that supports technology development and industrial implementation [4]. - Aduro has been part of the Brightlands ecosystem since 2021, contributing to its European technology development activities [4]. Strategic Importance - The selection of Chemelot aligns with the company's goal to transition from pilot-scale validation to a fully operational industrial facility capable of producing commercially relevant outputs [8]. - The facility is expected to enhance the existing ecosystem at Chemelot, contributing to the development of scalable circular feedstock routes [9].

Core Insights - Aduro Clean Technologies Inc. has reported significant operational and financial milestones in its interim condensed consolidated financial results for the second fiscal quarter of 2026, highlighting advancements in its clean technology initiatives and capital position [1][2]. Financial Highlights - Quarterly revenue for Q2 2026 was CAD $122,706, representing a 222% increase compared to CAD $38,143 in Q2 2025. Year-to-date revenue for the six months ending November 30, 2025, was CAD $167,206, an 80% increase from CAD $93,143 during the same period in 2024 [5][6]. - Loss from operations for Q2 2026 was CAD $(6,461,987), a 107% increase from CAD $(3,114,712) in Q2 2025. Year-to-date loss for the six months ending November 30, 2025, was CAD $(12,787,005), a 129% increase from CAD $(5,577,244) in the same period of 2024 [5][6]. - Adjusted EBITDA for Q2 2026 was CAD $(3,299,026), compared to CAD $(1,887,750) for Q2 2025. Year-to-date adjusted EBITDA for the six months ending November 30, 2025, was CAD $(5,553,410), compared to CAD $(3,634,498) for the same period in 2024 [5][6]. Operational Highlights - The commissioning of the Next Generation Process Pilot Plant has commenced, with significant progress made in construction and system integration, preparing for operational readiness [7][8]. - A non-binding letter of intent was executed for the acquisition of a brownfield industrial site in the Netherlands, with a proposed purchase price of €2 million, aimed at establishing a Demonstration Plant [10][12]. - Engineering trials using industrial-scale equipment have been initiated as part of the Demonstration Plant program, focusing on processing contaminated and mixed waste plastics [14]. Capital Position - The company completed a U.S. public offering, raising approximately USD $20 million, which will primarily support the Demonstration Plant program and ongoing research and development [2][18]. - As of November 30, 2025, the company maintained a strong cash position of CAD $13.04 million, an increase from CAD $6.96 million in Q4 2025 [5][6]. Strategic Collaborations - Aduro entered into a multi-year framework collaboration agreement with ECOCE in Mexico to evaluate the application of Hydrochemolytic™ Technology using real post-consumer materials [19]. - The company successfully completed its participation in the Shell GameChanger program, which focused on evaluating Hydrochemolytic™ Technology within Shell's Chemical Decarbonization initiative [20].

Core Insights - Aduro Clean Technologies Inc. has reported significant operational and financial milestones in its interim condensed consolidated financial results for the second quarter of fiscal 2026, highlighting advancements in its clean technology initiatives and capital position [1][2]. Financial Highlights - Quarterly revenue for Q2 2026 was CAD $122,706, representing a net increase of 222% compared to CAD $38,143 in Q2 2025. Year-to-date revenue for the six months ending November 30, 2025, was CAD $167,206, an 80% increase from CAD $93,143 during the same period in 2024 [5][7]. - Loss from operations for Q2 2026 was CAD $(6,461,987), a 107% increase from CAD $(3,114,712) in Q2 2025. Year-to-date loss for the six months ending November 30, 2025, was CAD $(12,787,005), a 129% increase from CAD $(5,577,244) in the same period of 2024 [5][7]. - Adjusted EBITDA for Q2 2026 was CAD $(3,299,026), compared to CAD $(1,887,750) for Q2 2025. Year-to-date adjusted EBITDA for the six months ending November 30, 2025, was CAD $(5,553,410), compared to CAD $(3,634,498) for the same period in 2024 [5][7]. Operational Developments - The commissioning of the Next Generation Process Pilot Plant has commenced, marking a transition from construction to operational phases, with significant milestones achieved in collaboration with engineering partners [8][9][10]. - Aduro has initiated a Demonstration Plant program, including a non-binding letter of intent for acquiring a brownfield industrial site in the Netherlands for €2 million, which is under evaluation for its potential as a future plant location [11][13]. - The company has begun engineering trials using industrial-scale equipment to support the Demonstration Plant program, focusing on processing contaminated and mixed waste plastics [15]. Capital Position - Aduro strengthened its capital position with a U.S. public offering that raised approximately US$20 million, intended to support the Demonstration Plant program and ongoing research and development [2][19]. - As of November 30, 2025, the company maintained a strong cash position of CAD $13.04 million, up from CAD $6.96 million in Q4 2025 [5][7]. Strategic Collaborations and Engagements - Aduro entered into a multi-year collaboration agreement with ECOCE in Mexico to evaluate the application of its Hydrochemolytic™ Technology on post-consumer materials [20]. - The company participated in various investor and technical conferences globally, enhancing its engagement with stakeholders in the chemicals, plastics, and recycling sectors [17][18].

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 announced the pricing of its public offering of 1,739,130 common shares in the U.S., aiming to raise approximately $20 million before deducting underwriting discounts and offering expenses [1][3]. Group 1: Offering Details - The offering includes 1,739,130 common shares and associated warrants to purchase 869,565 common shares, with a gross proceeds target of about $20 million [1]. - Each whole warrant allows the purchase of one common share at an exercise price of $16.00 per share, with warrants being immediately exercisable and expiring three years from the issuance date [1]. - The company has granted the underwriters a 45-day option to purchase up to 260,869 additional common shares and/or warrants to purchase up to 130,434 additional common shares [4]. Group 2: Use of Proceeds - Aduro intends to use the net proceeds from the offering for expenses related to the construction of its demonstration facility, ongoing research and development, general corporate purposes, and working capital [3]. Group 3: Regulatory Compliance - The offering is conducted under a valid shelf registration statement filed with the SEC and a Canadian short form prospectus, with securities being offered exclusively in the United States [5]. - The base prospectus detailing the terms of the offering has been filed with the relevant securities regulatory authorities and can be accessed for free on the company's profiles on SEDAR+ and the SEC's website [6]. Group 4: Company Overview - Aduro Clean Technologies develops patented water-based technologies to chemically recycle plastic waste, convert heavy crude oil and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals [8]. - The company's Hydrochemolytic™ technology operates at relatively low temperatures and costs, utilizing water as the primary agent in a chemical platform to convert low-value raw materials into resources for the 21st century [8].

Core Viewpoint - Aduro Clean Technologies Inc. has announced a public offering of common shares and warrants, aiming to raise approximately US$20 million to fund its clean technology initiatives [1][2]. Group 1: Offering Details - The offering consists of 1,739,130 common shares and accompanying warrants to purchase 869,565 common shares, with gross proceeds expected to be around US$20 million before expenses [1]. - Each whole warrant has an exercise price of US$16.00 per share, is immediately exercisable, and will expire three years from issuance [1]. - The underwriters have a 45-day over-allotment option to purchase an additional 260,869 common shares and/or warrants for 130,434 common shares [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for the construction of a Demonstration-Scale Plant, ongoing research and development, general corporate purposes, and working capital [2]. Group 3: Regulatory Information - The offering is made 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 final prospectus supplement detailing the terms will be filed with the relevant securities regulatory authorities [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].

Core Viewpoint - Aduro Clean Technologies Inc. has announced the pricing of its underwritten U.S. public offering, aiming to raise approximately US$20 million through the sale of common shares and accompanying warrants [1][2]. Group 1: Offering Details - The offering consists of 1,739,130 common shares and warrants to purchase 869,565 common shares, with gross proceeds expected to be around US$20 million before deductions [1]. - Each whole warrant has an exercise price of US$16.00 per share, is immediately exercisable, and will expire three years from the date of issuance [1]. - The underwriters have been 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 be used for expenditures related to the construction of Aduro's Demonstration-Scale Plant, with any remaining funds allocated for ongoing research and development, general corporate purposes, and working capital [2]. Group 3: Regulatory Information - The offering is being made 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 free on the respective websites [5]. Group 4: Company Overview - Aduro Clean Technologies specializes in developing patented water-based technologies for chemically recycling waste plastics, converting heavy crude and bitumen 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].

Core Insights - Aduro Clean Technologies has successfully completed pilot-scale steam-cracking trials, demonstrating that its Hydrochemolytic™ oil can be processed without hydrotreatment or dilution, yielding olefins comparable to conventional feedstocks, indicating its potential as a drop-in circular feedstock for steam crackers [1][5][6] Company Overview - Aduro Clean Technologies is focused on transforming lower-value feedstocks, such as waste plastics and heavy bitumen, into valuable resources using patented water-based technologies [9] Technology Validation - The trials conducted in October 2025 at a pilot-scale facility in Europe used a hydrocarbon liquid product derived from mixed waste plastics, confirming the Hydrochemolytic™ oil's suitability for stringent steam-cracker feedstock specifications without costly post-treatment [4][5] - The technology achieves a higher saturation rate and lower impurity content compared to traditional chemical recycling processes, which often require extensive sorting and upgrading [3][4] Economic and Environmental Impact - The ability to use Hydrochemolytic™ oil without additional hydrotreatment or dilution simplifies the processing pathway, potentially reducing capital investment and operational expenses for downstream operators, thereby improving project economics [5][6] - The findings suggest that the technology can help bridge the gap between waste plastic sources and the production of new, virgin-quality plastics, enhancing both economic and environmental models [6][7] Future Directions - Aduro plans to collaborate with global partners to further evaluate feedstock quality, scalability, and integration pathways for its Hydrochemolytic™ Technology, marking a significant step in its commercialization pathway [8][9]

Core Insights - Aduro Clean Technologies Inc. is progressing with the commissioning of its Next Generation Process (NGP) Pilot Plant, which is crucial for validating its Hydrochemolytic™ Technology and preparing for future scale-up [1][3][7] Commissioning Progress - The NGP Pilot Plant has advanced from Phase 1 to Phase 2 commissioning, with Phase 1 focusing on assembly and installation of major systems, and Phase 2 concentrating on integrated operations and process tuning [4][5][8] - All major systems, including the extruder and automation controls, are now installed and undergoing staged commissioning [8] - The commissioning roadmap is structured, with activities planned to continue through November and into mid-December 2025 [5][8] Key Partnerships - Zeton Inc. and Siemens Canada are key partners in the commissioning phase, providing engineering, fabrication, and automation support [6][9] - The collaboration with these partners is essential for ensuring reliable process performance and data acquisition during the commissioning [6][9] Technology and Future Plans - The Hydrochemolytic™ Technology aims to transform lower-value feedstocks into valuable resources, operating at relatively low temperatures and costs [10] - The data and experience gained from the Pilot Plant will inform the design and commissioning of a future Demonstration Plant with an initial capacity of 8,000 tons per year [3][9]

Core Insights - Aduro Clean Technologies Inc. is advancing its Demonstration Plant program through a series of engineering trials using industrial-scale equipment to enhance the selection of long-lead procurement items and support detailed engineering [1][5] Group 1: Collaboration and Engineering Trials - Aduro is collaborating with KraussMaffei Extrusion GmbH and CHILL B.V. to combine industrial engineering capabilities with applied research expertise for the evaluation of extrusion systems [2][4] - The current phase focuses on preparing and feeding contaminated waste plastics into the Hydrochemolytic™ process under realistic operating conditions, which will inform equipment design and integration planning [2][3] Group 2: Objectives and Expected Outcomes - The trials aim to simplify feed preparation and reduce the need for costly pretreatment, confirming operating conditions and performance characteristics necessary for selecting long-lead equipment [3][4] - Data generated from these trials will guide the design and integration of pretreatment systems for the Demonstration Plant, enhancing reactor feed quality and reducing contamination levels [4][5] Group 3: Strategic Importance and Future Steps - The completion of these engineering trials is expected in Q4 2025, establishing a framework for specifying long-lead equipment, which is crucial for the Demonstration Plant build [5] - The structured approach to commercialization emphasizes the importance of data and engineering insights in advancing Hydrochemolytic™ technology efficiently and responsibly [5]