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Cleango Innovations Inc (3)
Symbol CGII
Shares Issued 7,314,656
Close 2026-02-12 C$ 0.50
Market Cap C$ 3,657,328
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Cleango rehashes news from last six months

2026-02-18 12:04 ET - News Release

Mr. Anthony Sarvucci reports

CLEANGO INNOVATIONS INC. PROVIDES 6-MONTH CORPORATE UPDATE

Cleango Innovations Inc. has provided a detailed summary of its strategic milestones, international expansion and new product launches achieved over the last six months.

Corporate highlights: August, 2025, to February, 2026

International expansion and joint ventures

  • Cyprus Mediterranean launch (February, 2026): Cleango signed a landmark agreement with WSR Services Ltd. in Cyprus to spearhead the launch of Cleango Marine. This partnership provides exclusive, eco-friendly vessel maintenance solutions for the Mediterranean shipping industry.
  • South American entry (January, 2026): The company successfully dispatched its first shipment to Indioquimica S.A. in Argentina. This 6,000-litre deployment marks Cleango's official entry into the South American oil, gas and heavy industrial sectors.
  • Saudi Arabia operations (August, 2025): Through the establishment of Cleango Arabia Ltd. (a joint venture with Sanad Industrial Co./EROG Holdings), the company is localizing manufacturing to supply the Middle Eastern energy sector, including applications for desalination plants and oil field remediation.

Acquisitions and bioremediation technology

  • Pharma acquisition (December, 2025): Cleango announced the intent to acquire Freia Farmaceutici Srl, an Italian pharmaceutical leader with 3.8 million euros in 2025 revenue. The company has already filed for FDA (Food and Drug Administration) foreign registration to bring these therapeutics to the United States market.
  • MycoSet launch (January, 2026): Cleango launched the MycoSet remediation suite, a fungal-based living system for restoring soil and water. This follows the acquisition of a 49-per-cent stake in AgritechBC Solutions.
  • Agritech B.C. joint venture (October, 2025): A strategic partnership formed to target the multibillion-dollar environmental remediation market using proprietary bio-technologies.

Product innovation and awards

  • Cleango Marine CG-M100 (September, 2025): The company unveiled its specialized marine-grade solution, which was recognized with the "Think Clean Oceans" Innovators Award for its non-toxic, biodegradable performance in vessel cleaning.

Financial strategy

  • Debt settlement (February, 2026): Cleango entered into agreements to settle outstanding debt through share issuances, preserving cash for continued global operations and the Freia Farmaceutici integration.

About Cleango Innovations Inc.

Cleango Innovations is a publicly traded Canadian company at the forefront of developing and commercializing proprietary non-toxic and biodegradable cleaning and industrial solutions. For oil services and industrial cleaning markets. Driven by a mission for environmental sustainability, Cleango's innovative product suite is designed to deliver high performance while safeguarding the planet, serving critical cleaning needs across the oil and gas, mining, commercial, and retail sectors globally.

The company is proud of its suite of proprietary, Green Seal-certified non-toxic green products that are Health Canada approved to claim 99.9-per-cent disinfecting of viruses and bacteria on a hard surface. Cleango's portfolio is proud to be a part of Cruelty Free/Leaping Bunny as a certified product while being both family and pet safe. It is Cleango's mission to create the world's leading non-toxic, green solutions for the worlds cleaning problems.

Cleango Innovation's experienced team brings new ideas and innovation based on science to find solutions to the problems of the current world we live in. Customers rely on quality, non-toxic products to keep their homes and business's clean and their loved ones safe. Cleango also has several commercial and industrial applications to solve many problems of the world's heavier and large-scale cleaning problems.

We seek Safe Harbor.

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