Aduro Clean Technologies Announces Grant of Stock Options
07 Agosto 2024 - 1:00PM
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,
such as waste plastics, heavy bitumen, and renewable oils, into
resources for the 21st century, announces today that it has granted
(the “
Grant”) an aggregate of 2,685,000 stock
options (each, an “
Option”) to purchase up to
2,685,000 common shares of the Company to certain directors,
officers, employees and a consultant of the Company.
The Options are exercisable for a period of 5
years from the date of Grant at a price of $2.00 per common share.
The Options will vest on a monthly basis over a period of two years
from the date of Grant.
All 2,685,000 of the Options and the common
shares underlying such Options are subject to a hold period of four
months and one day from the date of issuance.
None of the securities acquired in the Grant or
Award 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 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
relies on water as a critical agent in a chemistry platform that
operates at relatively low temperatures and cost, a game-changing
approach that converts low-value feedstocks into resources for the
21st century.
For further information, please
contact:
Ofer Vicus, CEOovicus@adurocleantech.com
Abe Dyck, Investor Relationsir@adurocleantech.com+1 226 784
8889
KCSA Strategic CommunicationsJack Perkins, Vice
Presidentaduro@kcsa.com
Forward-Looking Statements
This 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.
Forward-looking statements in this release include the vesting
schedule, expiry date and applicable hold periods for the Options
issued in the Grant. 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 potential changes or amendments
to the vesting schedule, expiry date and/or applicable hold periods
for the Options and/or underlying securities. 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 Canadian Securities Exchange 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/8472e20f-1c48-420e-ba71-50c35c8c5aff
Grafico Azioni Aduro Clean Technologies (TG:9D50)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Aduro Clean Technologies (TG:9D50)
Storico
Da Mar 2024 a Mar 2025