Aduro Clean Technologies Expands Technology Evaluation Scope with Leading Petrochemical Company

Highlights:

• Aduro’s HydrochemolyticTM Technology Expansion: A major energy company joins Aduro’s Customer Engagement Program, boosting Phase 1 testing funding by 450%. Diverse waste feedstock testing will focus on challenging contaminants.
• Positive Outcomes and Increased Confidence: The decision to expand Phase 1 testing reflects growing interest and confidence in Aduro’s technology, showcasing adaptability and innovation in recycling solutions.
• Stock Options Grant: Aduro grants 225,000 stock options to directors and employees, aligning with its commitment to reward and retain key team members at an exercise price of $1.09 per common share for five years.