Aduro Clean Technologies Announces Upcoming Conference Schedule and Engagement of Outside The Box Capital to Provide Marketing and Investor Relations Services
22 Febbraio 2024 - 1:00PM
Aduro Clean Technologies Announces Upcoming Conference Schedule and
Engagement of Outside The Box Capital to Provide Marketing and
Investor Relations Services
Aduro Clean Technologies Inc.
(“
Aduro” or the “
Company”) (CSE:
ACT) (OTCQX:
ACTHF) (FSE:
9D50), a Canadian 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, is pleased to share its upcoming conference
attendance schedule. Additionally, the Company has entered into a
new marketing and consulting agreement with
Outside the Box
Capital Inc. to provide marketing and
investor relations services.
March
12-13th, 2024 – Houston, Texas |
Chemical Recycling North America – AMI
Events |
The fourth edition of Chemical Recycling North America is a
must-attend for professionals in the recycling and chemical
industries. This event is a premier platform for exploring the
latest advancements and innovations in chemical recycling. It
offers attendees the opportunity to network with industry leaders,
exchange knowledge, and discover new strategies for tackling the
challenges associated with recycling chemical materials.
Representing Aduro is Gene Cammack, Chief Operating Officer. |
|
March 14th, 2024 – Edmonton, Alberta |
Alberta Circular Plastics Day 2024 – Alberta Plastic
Recycling Association (APRA) |
The 2nd Annual Alberta Circular Plastics Day is being held on March
14th, 2024, at NAIT's Productivity and Innovation Centre in
Edmonton. This event, hosted by the Alberta Plastics Recycling
Association, focuses on the future of plastics circularity in
Alberta, offering insights and networking opportunities for
industry professionals. Abe Dyck, Head of Corporate Development at
Aduro, will be presenting and joining a panel discussion from
2:45-3:45 PM on the topic of "Success Stories - We are the
Champions! See what others have done to help advance the plastics
circular economy." |
|
March 24-26th, 2024 – San Antonio, Texas |
International Petroleum Conference 2024 – American
Fuels & Petrochemical Manufacturers |
The AFPM International Petroleum Conference is one of the largest
petroleum events in the world It is the premier refining meeting,
assembling key executives, decision-makers, and technical experts
from refining businesses, technology providers, contracting and
consulting firms, and equipment manufacturers around the world.
Aduro will discuss the role of Hydrochemolytic™ technology in both
bitumen partial upgrading and plastics chemical recycling. Gene
Cammack, Chief Operating Officer, will hold pre-arranged one-on-one
meetings. |
|
Marketing and Investor Relations
Agreement with Outside the Box Capital
The Company announces that it has entered into a
marketing and consulting agreement (the “OTBC
Agreement”) with an arm’s length marketing firm,
Outside The Box Capital Inc. (“OTBC”) of Oakville
Ontario, to provide marketing consulting and investor relations
services, including marketing services through social media
channels and online media distribution.
In connection with the OTBC Agreement, for an
initial term of eight months starting on February 22, 2024, Aduro
will pay OTBC an aggregate cash fee of C$175,000 plus applicable
taxes, with C$75,000 to be paid on or before February 26, 2024, and
the balance of C$100,000 to be paid on or before June 24, 2024. In
addition, Aduro granted OTBC 67,000 stock options of the Company.
The options will vest immediately upon grant, and are exercisable
at a price of C$1.49 per common share for a period of 12 months.
OTBC has no direct relationship with the Company other than as set
out in this press release.
The Company’s engagement with OTBC is another
step in its efforts to enhance communication with the current
investor community and expand visibility to a greater audience.
OTBC specializes in various social media platforms and will be able
to facilitate greater awareness and widespread dissemination of the
Company's news.
The stock options and common shares issuable
upon exercise of the options granted to OTBC are subject to resale
restrictions imposed by applicable law or regulation, including a
statutory hold period expiring four months and one day from the
date of grant.
None of the securities acquired upon exercise of
the stock options issued by the Company will be registered under
the United States Securities Act of 1933, as amended (the “1933
Act”), and none of them may be offered or sold in the United States
absent registration or an applicable exemption from the
registration requirements of the 1933 Act.
This news release shall not constitute
an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of the securities in any state where such offer,
solicitation, or sale would be unlawful.
About Aduro Clean
Technologies
Aduro Clean Technologies is a developer of
patented water-based technologies to chemically recycle waste
plastics; convert heavy crude and bitumen into lighter, more
valuable oil; and transform renewable oils into higher-value fuels
or renewable chemicals. The Company’s Hydrochemolytic™ technology
activates unique properties of water in a chemistry platform that
operates at relatively low temperatures and cost, a game-changing
approach that converts low-value feedstocks into 21st-century
resources.
For further information, please
contact:
Ofer Vicus, CEOovicus@adurocleantech.com
Abe Dyck, Investor
Relationsir@adurocleantech.com+1 604-362-7011
ArrowheadThomas Renaud, Managing
Directorenquire@arrowheadbid.com+1 212 619 6889
Forward-Looking StatementsThis
news release contains forward-looking statements. All statements,
other than statements of historical fact that address activities,
events, or developments that the Company believes, expects or
anticipates will or may occur in the future, are forward-looking
statements. The forward-looking statements reflect management’s
current expectations based on information currently available and
are subject to a number of risks and uncertainties that may cause
outcomes to differ materially from those discussed in the
forward-looking statements. In this release, the forward looking
statements include, but are not limited to, expectations regarding
the implementation of marketing and investor relations services of
OTBC; and, in particular, the anticipated effects of the proposed
marketing services, including to enhance communication with the
current investor community, expand the Company’s visibility to a
greater audience, and facilitate greater awareness and widespread
dissemination of the Company's news.. Although the Company believes
that the assumptions inherent in the forward-looking statements are
reasonable, forward-looking statements are not guarantees of future
performance and, accordingly, undue reliance should not be put on
such statements due to their inherent uncertainty. Important
factors that could cause actual results to differ materially from
the Company’s expectations include, but are not limited to, the
marketing services not being provided as anticipated, the delivery
of such services not resulting in the anticipated results, adverse
market conditions and other factors beyond the control of the
parties. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise,
except as required by applicable law.
The CSE has not reviewed, approved, or
disapproved the content of this news release.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d68c55a8-60ae-4381-979b-ec899cfb8290
Grafico Azioni Aduro Clean Technologies (TG:9D50)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Aduro Clean Technologies (TG:9D50)
Storico
Da Set 2023 a Set 2024