InvestmentJun 24, 2026, 10:07 PM
Aduro Clean Technologies Closes CAD 9.16M Private Placement
AI Summary
Aduro Clean Technologies Inc. announced the closing of a non-brokered private placement, raising gross proceeds of CAD 9,155,940.80 (USD 6,564,810.21). The company sold 431,884 common shares at a price of CAD 21.20 per share. The net proceeds are intended for technology development, commercialization activities, working capital, and general corporate purposes. Certain insiders of the company participated in the offering.
Key Highlights
- Closed non-brokered private placement for CAD 9,155,940.80 (USD 6,564,810.21).
- Sold 431,884 common shares at CAD 21.20 (USD 15.20) per share.
- Paid CAD 539,994.53 in finder's fees.
- Net proceeds to be used for technology development and commercialization.
- Funds also allocated for working capital and general corporate purposes.
- Certain insiders participated in the private placement.
Price Impact
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