Aduro Clean Technologies Inc. - ADUR STOCK NEWS

Aduro Clean Technologies (Nasdaq: ADUR) has completed the Basic Engineering Design phase for its Hydrochemolytic™ Technology (HCT) Next Generation Process (NGP) Pilot Plant, marking a important milestone in commercializing its platform technology. The company has partnered with Zeton for the plant's design, emphasizing modularity and scalability.

The NGP Pilot Plant, scheduled for completion in Q3 2024, will support Aduro's Customer Engagement Program by demonstrating HCT application on simpler materials while serving as a testing platform for processing harder-to-recycle feedstocks. The company has begun procuring critical equipment and preparing the site in London, Ontario, including infrastructure enhancements and facility expansion.

The plant will be designed with industrial components to process various waste streams, generating operational data important for technology refinement and commercialization scaling. The technology uses water-based processes at relatively low temperatures to convert waste plastics, heavy crude, bitumen, and renewable oils into valuable resources.

Aduro Clean Technologies (ADUR) reported Q2 2025 financial results, highlighting several key developments. The company successfully uplisted to the Nasdaq Capital Market and completed a US$4.52 million public offering. Revenue decreased 48% to $38,143 in Q2 2025 compared to Q2 2024, while operating loss increased to $3,114,712.

Notable achievements include engaging Zeton to develop a 10 kg/hour Hydrochemolytic™ pilot plant, expected for completion by Q3 2025, and signing an MOU with GF Building Flow Solutions Americas for recycling crosslinked polyethylene waste. The company maintained a strong cash position of $9.2 million as of November 30, 2024, with property and equipment valued at $4.1 million.

The company expanded its market presence through participation in key industry conferences including IRPC 2024 and ARC24, showcasing its Hydrochemolytic™ technology as an alternative to pyrolysis for waste plastic recycling.

Aduro Clean Technologies (Nasdaq: ADUR) has announced two significant developments in its commercialization journey. The company has appointed Dr. Arturo Gomez as Vice President of Engineering, bringing over 20 years of expertise in process engineering and chemical process design. Dr. Gomez will play a important role in completing the company's Hydrochemolytic™ Technology (HCT) pilot plant, scheduled for commissioning in Q3 2025.

Additionally, Aduro has entered into a marketing agreement with Outside The Box Capital (OTBC) for a 12-month term starting January 15th, 2025. The agreement includes C$360,000 in cash compensation and 40,000 stock options. OTBC will provide marketing and investor relations services through various social media platforms. The company has also granted 270,000 stock options to certain employees, exercisable at C$9.00 per share over two years.

Aduro Clean Technologies (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5) will ring the closing bell at the Nasdaq MarketSite in Times Square, New York, on Friday, January 17, 2025. This event celebrates the company's recent uplisting to the Nasdaq Capital Market. The ceremony, led by CEO Ofer Vicus and joined by the leadership team, Board of Directors, employees, and key stakeholders, will be broadcast live starting at 3:45 pm Eastern Time.

Ofer Vicus expressed pride in this milestone, emphasizing the importance of the uplisting for engaging a broader investor audience and advancing their Hydrochemolytic™ technology. This technology utilizes water-based chemistry to recycle waste plastics, convert heavy bitumen, and transform renewable oils into valuable resources. The company remains focused on commissioning its pilot plant, a critical step in commercializing this technology.

Exclusive photos and videos of the event will be available on Aduro's Media page shortly after the ceremony.

Aduro Clean Technologies (Nasdaq: ADUR, CSE: ACT, FSE: 9D5) has announced a virtual fireside chat scheduled for Thursday, January 23rd, 2025, at 4:30 pm ET. The event will feature key executives including CEO Ofer Vicus, CFO Mena Beshay, and CRO Eric Appelman.

The discussion will focus on the company's commercialization strategy for its Hydrochemolytic™ technology (HCT), a water-based solution operating at relatively low temperatures that transforms waste plastics, heavy crude, bitumen, and renewable oils into valuable resources. Updates on the construction of their chemical recycling Pilot Plant for waste plastics will also be provided.

The session will conclude with a Q&A segment, and participants can submit questions in advance to aduro@kcsa.com. A recording will be available on Aduro's Investor Relations website after the event.

Aduro Clean Technologies (Nasdaq: ADUR) announced the second partial exercise of the over-allotment option from its U.S. public offering underwriters, who purchased an additional 22,470 common shares at US$4.25 per share. Following this exercise, the company has sold a total of 1,063,647 common shares, generating gross proceeds of approximately US$4.52 million before deducting expenses.

The company's shares began trading on The Nasdaq Capital Market on November 7, 2024, under 'ADUR'. The proceeds will fund ongoing R&D, construction of the 'Next Generation Process' unit, and general corporate purposes. Craft Capital Management served as the representative underwriter, with D. Boral Capital as co-underwriter. The offering was not available to Canadian residents.

Aduro Clean Technologies has announced the partial exercise of an over-allotment option in its U.S. public offering, with underwriters purchasing an additional 100,000 common shares at US$4.25 per share. The total offering now comprises 1,041,177 common shares, generating gross proceeds of approximately US$4.43 million.

The company's shares began trading on The Nasdaq Capital Market on November 7, 2024, under the ticker symbol 'ADUR'. The net proceeds will be used for research and development, construction of a 'Next Generation Process' unit, and general corporate purposes. Craft Capital Management served as the lead underwriter, with D. Boral Capital as co-underwriter.

Aduro Clean Technologies (Nasdaq: ADUR) (CSE: ACT) announced the voting results from its 2023/2024 annual general meeting held on November 22, 2024. All nominated directors were successfully elected with strong shareholder support. A total of 10,327,618 common shares, representing 37.93% of outstanding shares, were voted by proxy. The elected directors include Ofer Vicus (99.84% approval), James Scott (98.96%), Peter Kampian (99.97%), William Marcus Trygstad (99.97%), and Marie Grönborg (99.97%).

Aduro Clean Technologies (NASDAQ: ADUR) has partnered with Zeton Inc., a global leader in pilot plant design and fabrication, to develop a Hydrochemolytic™ Technology (HCT) Pilot Plant. The 10 kg/hour facility, scheduled for commissioning in Q3 2025, will be located in London, Ontario. This milestone project aims to demonstrate Aduro's modular, scalable solution for converting waste plastics into valuable chemicals. The pilot plant will validate HCT's performance in real-world conditions, processing various plastic waste feedstocks. Zeton brings extensive expertise with over 800 projects delivered across 45+ countries, strengthening Aduro's path to full commercialization.