Aduro Clean Technologies Announces Closing of LIFE Offering (opens original article in a new tab)

Aduro Clean Technologies closed a private placement for C$9.16 million to support technology development and commercialization.

• Aduro Clean Technologies closed a non-brokered private placement for C$9,155,940.80 from selling 431,884 common shares at C$21.20 per share.
• The funds will be used for technology development, commercialization, working capital, and general corporate purposes.
• The offering was made under the LIFE Exemption, excluding Quebec, and subject to Toronto Stock Exchange approval.