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Cleango Innovations Inc (3)
Symbol CGII
Shares Issued 7,314,656
Close 2026-01-02 C$ 0.50
Market Cap C$ 3,657,328
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Cleango rolls out MycoSet technology internationally

2026-01-08 12:56 ET - News Release

Mr. Anthony Sarvucci reports

CLEANGO INNOVATIONS INC. ANNOUNCES GLOBAL LAUNCH OF MYCOSET REMEDIATION SUITE; CLEANGO ARABIA LTD TO SPEARHEAD EXPANSION IN SAUDI ARABIA AND GCC

Cleango Innovations Inc. has commercially launched its MycoSet oil field remediation technology globally. This international rollout will be made available to new and existing clients led by the company's Saudi Arabian subsidiary, Cleango Arabia Ltd., which was previously announced on Aug. 6, 2025. marking a strategic entry into the Gulf Cooperation Council (GCC) and broader Middle East markets.

As global environmental regulations tighten and the energy sector seeks to reduce its carbon footprint, Cleango's MycoSet offers a revolutionary biological alternative to traditional, high-cost mechanical remediation. The MycoSet suite -- which includes the BioIngress biostimulant and PhytoCentra surfactant -- is specifically engineered to thrive in the extreme arid and hypersaline environments of the Saudi Arabian desert, providing an effective solution for in situ hydrocarbon cleanup that outperforms legacy methods used by major regional operators.

"The global launch of MycoSet represents a paradigm shift for the oil and gas industry," said Anthony Sarvucci, chief executive officer of Cleango Innovations. "Through our subsidiary, Cleango Arabia Ltd., we are incredibly proud to offer an organic, nature-based solution that is fundamentally changing how the world addresses oil remediation. We have developed a platform that is not only environmentally regenerative but also significantly more cost-effective than the toxic, energy-intensive processes currently dominating the market. We are proving that sustainability and profitability can go hand in hand in the oil services sector."

Strategic launch in Saudi Arabia and the GCC

About Sanad Industrial Co.

Sanad Industrial, a subsidiary of EROG Holding, is a Saudi-based industrial platform focused on advancing environmentally responsible and green technologies. Through the localization of innovative solutions such as Cleango's MycoSet remediation technology, Sanad supports sustainable environmental restoration, industrial efficiency and Saudi Vision 2030 objectives by enabling cleaner, nature-based solutions for the energy and industrial sectors.

The MycoSet system provides a unique competitive advantage for regional well services:

  • In situ efficiency: eliminates the need for dig-and-dump excavation, reducing logistical costs by up to 60 per cent;
  • Water stewardship: requires 85 per cent less water than traditional soil washing, a critical advantage in the water-scarce GCC region;
  • Biological restoration: unlike thermal desorption, which leaves soil sterile, MycoSet restores the biological health of the sand, allowing native flora to return.

"By starting our global rollout in Saudi Arabia, we are placing our most advanced technology in the hands of the world's most sophisticated energy companies," added Mr. Sarvucci. "Cleango Arabia is ready to set a new standard for the GCC, delivering a product that cleans the environment while protecting the bottom line."

About the MycoSet technology

MycoSet is a proprietary fungal slurry delivery system that utilizes specialized mycelial networks to dismantle complex petroleum hydrocarbons. Supported by BioIngress for enhanced bioavailability and PhytoCentra for superior substrate penetration, the system provides a comprehensive, non-toxic tool kit for soil and water restoration.

About Cleango Innovations Inc.

Cleango Innovations is an international publicly traded company specializing in the development of proprietary, certified green and sustainable solutions for industrial, commercial and retail applications. With manufacturing operations across North and South America and now Saudi Arabia, Cleango is dedicated to replacing toxic chemicals with high-performance green alternatives.

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