Aduro Clean Technologies collaborates with Crystal Research Associates to provide marketing and investor relations services

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LONDON, ON, January 30, 2024 (Globe Newswire) — Aduro Clean Technologies Co., Ltd. (“aduro” or “company”) (CSE: activity) (OTCQX: ACTHF) (FSE: 9D50) is a Canadian technology company that harnesses the power of chemistry to transform low-value raw materials such as waste plastics, heavy asphalt, and renewable oils into 21st century resources.^cent Century announced that it has entered into a marketing and consulting agreement with Crystal Research Associates, LLC.

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We have entered into a marketing and consulting agreement (“CRA contract) Crystal Research Associates, LLC, an independent investment research and analysis firm (“Crystal Research Associates) produces and distributes executive information summaries and quarterly updates about the company through Crystal Research Associates' social media channels and online media distribution.

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For more than 20 years, Crystal Research Associates has successfully told the best small- and mid-cap stocks stories to the Wall Street investor community. Through a long track record and established methodologies, Crystal Research Associates delivers objective, researched, fact-based information to both institutional and retail clients. This information is distributed through a wide range of channels, including industry-leading financial data and information providers, and a highly targeted digital media portal that collectively reaches millions of readers. Crystal Research Associates' research is made available to investors through Capital IQ (A Division of Standard and Poor's), Thomson Reuters, Bloomberg, FactSet, AlphaSense, and their websites and networks, as well as other means and means. Crystal Research Associates is increasingly leveraging LinkedIn and other related media platforms to increase exposure to our clients.

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In connection with the CRA Agreement, for a period of two years beginning February 1, 2024, Aduro will pay Crystal Research Associates an aggregate amount of $90,000 plus applicable taxes in cash. Of this amount, US$35,000 was paid at the conclusion of his CRA contract, US$15,000 will be paid three months after the start of service, and US$40,000 will be paid on February 1, 2025. Aduro also granted Crystal Research Associates 300,000 stock options in the Company. The options vest immediately upon grant and are exercisable for 24 months at a price of C$1.28. As of the date of this press release, Crystal Research Associates owns no stock in the Company and has no direct relationship with the Company other than as described in this press release.

Crystal Research Associates' involvement is intended to increase U.S. and international awareness of Aduro's developing technology.

Any securities acquired through the exercise of stock options issued by us will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”) and may not be offered or sold in the United States. You can't. Where there is no registration or an applicable exemption from the registration requirements of the 1933 Act applies.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state in which such offer, solicitation or sale would be unlawful.

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About Aduro Clean Technologies
Aduro Clean Technologies is a developer of patented water-based technology for chemically recycling waste plastics. Converting heavy crude oil and asphalt into lighter, more valuable oil. Converting renewable petroleum into higher value fuels and renewable chemicals. The company's Hydrochemolytic™ technology is an innovative approach to activating water's unique properties with a chemical platform that operates at relatively low temperatures and costs, transforming low-value raw materials into his 21st century resources.

For more information, please contact us below.

Ofer Vikas, CEO
[email protected]

Abe Dyke, Investor Relations
[email protected]
+1 604-362-7011

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Thomas Renaud, Managing Director
[email protected]
+1 212 619 6889

Forward-looking statements
This news release contains forward-looking statements. All statements, other than statements of historical fact, about activities, events or developments that we believe, expect or anticipate will occur or may occur in the future are forward-looking statements. Forward-looking statements reflect management's current expectations based on currently available information and are subject to numerous risks that could cause actual results to differ materially from those discussed in the forward-looking statements. Subject to risks and uncertainties. This release includes, but is not limited to, expectations regarding the performance of Crystal Research Associates' marketing and investor relations services. and, in particular, the anticipated effects of the proposed marketing services, including increasing awareness of the Company and its developing technologies in the United States and internationally. Although the Company believes that the assumptions underlying forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, therefore, are subject to their inherent uncertainties. , you should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from our expectations include the failure of marketing services to be provided as anticipated, the provision of such services not to produce anticipated results, unfavorable market conditions; and other factors. Party control. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

CSE has not reviewed, approved, or disapproved the contents of this news release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e23a040-df86-4dee-95df-5884d8191ef4.

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