Aduro Clean Technologies announces a private placement of up to $2.5M for R&D of chemical recycling technologies.

Aduro Clean Technologies, a Canadian company specializing in waste plastic, bitumen, and renewable oil conversion, announces a non-brokered private placement of up to $2.5M. The placement consists of 1.5-1.9M units at $1.30 each. Funds will go towards R&D of chemical recycling technologies and administrative/working capital expenses. Closing date: June 14, 2024, pending conditions and approvals.