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Aduro Clean Technologies Inc C.ACT

Alternate Symbol(s):  ACTHF

Aduro Clean Technologies Inc. is a Canada-based clean technology company. The Company is a developer of water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals. Its chemical recycling platform features three water-based technologies: Hydrochemolytic Plastics Upcycling (HPU), Hydrochemolytic Renewables Upgrading (HRU) and Hydrochemolytic Bitumen Upgrading (HBU). The Company's HPU transforms plastics into useful feedstocks in the circular economy for production of new plastics and foams, paints and coatings, and detergents, or into high performance fuels. Its HRU transforms renewable oils into renewable motor fuels, bio-jet fuel, and specialty chemicals at relatively low temperatures. Its HBU transforms heavy crude oil and bitumen into light synthetic crude co-processing biobased feedstocks, such as cellulose or glycerol.


CSE:ACT - Post by User

Aduro Clean Technologies Inc
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Post by GermanManon Jan 20, 2022 10:10am
238 Views
Post# 34337046

Good news. But ....

Good news. But ....Aduro Announces Achievement of First Milestone After Receiving Independent Validation of Hydrochemolytic Chemical Conversion Technology
https://stockhouse.com/news/press-releases/2022/01/20/aduro-announces-achievement-of-first-milestone-after-receiving-independent

a who ???
The completion of independent validation also marks the achievement of the First Milestone. On the receipt of the Third-Party Report, 13,333,328 Class A special warrants held by the special warrants trustee are deemed to be distributed in accordance with the Securities Exchange Agreement and are automatically converted on a one-for-one basis into common shares of the Company for no additional consideration and will be distributed to the former security holders of Aduro Energy Inc
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