(TheNewswire)
Vancouver, BC – TheNewswire - November 21, 2024 - CleanGo Innovations Inc. (CSE:CGII) (OTC:CLGOF) (FRA:APO2) (“CleanGo”) or (the “Company”) a leader in green certified eco-friendly industrial, commercial and household cleaning solutions, has announced a strategic partnership with Valkyrie Specialty Corp., a Texas-based specialty distributor, under a five-year private-label manufacturing and supply agreement. This collaboration is projected to generate a material increase in revenue over in the first year, with Valkyrie committing to an average monthly minimum purchase of 10,000 liters of CleanGo’s innovative green industrial products.
The partnership marks an exciting chapter for both companies as they work together to deliver effective, eco-friendly solutions to the industrial, and commercial, markets across the United States.
The agreement is a key component to the company’s growth plans for 2025. The partnership is already off to a successful start, with Valkyrie Specialty Corp. completing and paying for its first two orders. This milestone sets the stage for sustained revenue growth as CleanGo’s innovative products are integrated into Valkyrie’s portfolio of high-quality offerings, further solidifying both company’s positions in the market.
Anthony Sarvucci, President of CleanGo Innovations, commented: “This partnership with Valkyrie Specialty Corp. represents a significant step forward in our mission to deliver sustainable, non-toxic solutions to diverse markets. The successful completion of the first two orders is a testament to the strong collaboration between our teams. As we look toward 2025, we are excited about the opportunities this partnership will unlock for CleanGo.”
Heidi Flaig, Senior Operations Manager at Valkyrie Specialty Corp., added: “At Valkyrie, we pride ourselves on delivering innovative, high-quality solutions to our customers. Partnering with CleanGo Innovations allows us to expand our offerings with environmentally responsible products that align with our values and market demands. The success of our initial orders demonstrates the potential for significant growth, and we are eager to see what the future holds as we work together to make a positive impact.”
About the Agreement
The agreement, Signed September 13, 2024, includes a commitment by Valkyrie Specialty Corp. to purchase a minimum average of 10,000 liters of CleanGo’s products monthly at a preferred price. With CleanGo’s proprietary formulations, Valkyrie will distribute these products under its own branding, ensuring flexibility and market adaptability.
About Valkyrie Specialty Corp.
Valkyrie Specialty Corp., based in San Antonio, Texas, is a leading distributor of high-quality specialty products across the United States. With a focus on innovation and customer satisfaction, Valkyrie is committed to delivering exceptional solutions that meet the needs of diverse industries. https://valkyriespecialty.com/
CleanGo Innovations Further Announces a PPM.
The Company further announces a non brokered Private placement for an aggregate of $250,000 for Units being offered at $0.60 per unit consisting of one common share of the Company (each, a "Common Share") and one half Common Share purchase warrant (each, a "Warrant"). Each Warrant allows for the purchase one additional Common Share at an exercise price of $0.70 for a period of 24 months from the date of issue. The use of proceeds will be for General Working Capital, The Company may pay finders' fees on the Offering, in accordance with applicable securities laws and the policies of the CSE.
All securities issued will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities legislation.
About CleanGo Innovations Inc.
CleanGo Innovations, a dynamic and forward-thinking company, dedicated to developing and distributing a range of innovative, green certified environmentally friendly cleaning solutions. With a focus on sustainability and efficiency, CleanGo is committed to transforming the cleaning industry through its green certified products. www.cleangoinnovations.com
The Canadian Securities Exchange and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
On behalf of the CEO & Board of Directors Anthony Sarvucci
Chief Executive Officer CleanGo Innovations Inc.
For More information Contact:
info@cleangogreengo.com Phone 1 949 200 6534
Forward-looking Information
This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. Forward-looking statements can often be identified by words such as “will”, “plans”, “expects”, “may”, “intends”, “anticipates”, “believes”, proposes” or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Actual results could differ from those projected in any forward-looking statements due to numerous factors, including risks and uncertainties relating to general economic, market or business conditions or changes in laws, regulations and policies affecting the Company’s operations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. Any forward-looking statements included in this news release are made as of the date hereof and the Company does not intend to update or revise any forward-looking statements, except as expressly required by law.
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