Mr. Ofer Vicus reports
ADURO CLEAN TECHNOLOGIES TO LIST ON THE TORONTO STOCK EXCHANGE
Aduro Clean Technologies Inc.
has received conditional approval to list its common shares on the Toronto Stock Exchange under the symbol ACT. Final approval of the listing remains subject to the company fulfilling all the requirements of the TSX, including receipt of all required documentation.
The company will issue a news release once the TSX confirms the expected trading date. In connection with the TSX listing, the company expects to delist its common shares from the Canadian Securities Exchange. Shareholders are not required to exchange their share certificates or take any other action in connection with the listing as there will be no change in the trading symbol or Cusip number for the common shares.
"Since going public on the CSE in 2021, Aduro has advanced from an early-stage public technology company into a Nasdaq-listed chemical technology developer with a strengthened balance sheet and expanding industrial commercialization programs," said Ofer Vicus, chief executive officer of Aduro. "The company has progressed its Hydrochemolytic technology (HCT) through next-generation process (NGP) pilot plant operating campaigns, first-of-a-kind (FOAK) industrial project development, commercial offtake engagement, licence package development and expanded petroleum applications. We sincerely thank the CSE for providing a platform for our early public-market growth and investor access and look forward to taking this next step with the Toronto Stock Exchange as we continue advancing HCT across waste plastics, heavy hydrocarbons and renewable oils."
Aduro is currently included in the CSE25 Index, which represents the 25 largest companies on the Canadian Securities Exchange by market capitalization. This is a testament to Aduro's growing capital markets profile and shareholder recognition for the continued progress achieved since Aduro's public listing on the CSE. The proposed TSX listing represents the next stage in Aduro's capital markets evolution, supporting broader market visibility, increased access to institutional investors and the continued development of the company's Canadian public-market profile.
About Aduro Clean Technologies
Inc.
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.
We seek Safe Harbor.
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