This past Friday, January 17, we at Aduro proudly took center stage at <a href="https://www.nasdaq.com/market-activity/stocks/adur" rel="follow noopener" target="_blank">Nasdaq</a>, <a href="https://investors.adurocleantech.com/press-releases/press-releases-details/2025/Aduro-Clean-Technologies-to-Ring-the-Nasdaq-Closing-Bell-on-Friday-January-17th-2025/default.aspx" rel="follow noopener" target="_blank">ringing the iconic Closing Bell</a>. This event marks a significant milestone for us as we celebrate our uplisting to Nasdaq in November 2024 and set our sights on a groundbreaking year in 2025. Our entire team was present at the ceremony, standing together to acknowledge our remarkable journey and the exciting future that lies ahead.
While the bell may have signaled the close of trading for the day, for us, it represented the opening of a new chapter&mdash;one filled with innovation, growth, and game-changing advancements in the field of chemical technologies that drive sustainability and circularity.
<img src="https://cdn.buttercms.com/jxQI9WoySOapkS0EMsig" alt="Aduro Team at Nasdaq 1.webp" style="display: block; margin-left: auto; margin-right: auto;">
<h3>Reflecting on a transformative 2024</h3>
Our path to the Nasdaq has been paved with milestones and achievements that demonstrate our commitment to our road to commercialization. In 2024 alone, we:
<ul data-spread="false">
<li>
Successfully <a href="https://investors.adurocleantech.com/press-releases/press-releases-details/2024/Aduro-Clean-Technologies-Announces-Pricing-of-US4-Million-Uplisting-to-Nasdaq/default.aspx" rel="follow noopener" target="_blank">uplisted to Nasdaq</a>, marking a new level of visibility and credibility in the global market.
</li>
<li>
Filed a new patent to strengthen our intellectual property portfolio and reinforce our leadership in advanced chemical recycling technology.
</li>
<li>
Completed two oversubscribed private placements, showcasing the confidence investors have in our technology platform and its potential.
</li>
<li>
<a href="https://investors.adurocleantech.com/press-releases/press-releases-details/2024/Aduro-Clean-Technologies-Engages-Global-Leader-Zeton-for-Design-and-Fabrication-of-Hydrochemolytic-Pilot-Plant/default.aspx" rel="follow noopener" target="_blank">Engaged leading firm Zeton</a> to design our first pilot plant&mdash;a key step in commercializing our patented Hydrochemolytic&trade; Technology.
</li>
</ul>
These accomplishments have laid the groundwork for what promises to be a transformative year ahead. As we step into 2025, we are energized by a vision of growth, innovation, and collaboration, as we shared in a recent statement. This year we are focusing on our drive towards commercialization, expanding partnerships, and setting new benchmarks in sustainability and advanced chemical recycling technology.
<h3>A milestone event: The Closing Bell ceremony</h3>
The <a href="https://www.nasdaq.com/videos/aduro-clean-technologies-inc-rings-nasdaq-stock-market-closing-bell" rel="follow noopener" target="_blank">Nasdaq Closing Bell ceremony</a> on that Friday was more than just a symbolic gesture&mdash;it was a moment to celebrate the collective effort that has propelled us to this stage. Our CEO, Ofer Vicus, joined by the leadership team, employees, families, and friends stood at the podium, visibly humbled and proud of the progress we&rsquo;ve made and optimistic about the road ahead. It was a testament to the dedication and resilience of our team, and the unwavering support of our investors, partners, families, and community.
<h3>Looking ahead: 2025 and beyond</h3>
As we reflect on our accomplishments, our eyes are firmly fixed on the future. Our primary focus in 2025 is to advance our patented Hydrochemolytic&trade; Technology&mdash;a revolutionary process that converts plastic waste and other challenging feedstocks into valuable resources. Key initiatives include:
<ul data-spread="false">
<li>
Building the first pilot plant: We will construct our first pilot plant in 2025, a critical step towards scaling our technology and demonstrating its commercial viability.
</li>
<li>
Expanding partnerships: Collaboration remains at the heart of our strategy. By forging new partnerships and strengthening existing ones, we aim to accelerate the adoption of our innovative solutions.
</li>
<li>
Driving innovation: Our research and development efforts will continue to push boundaries, setting new standards for sustainability and efficiency in advanced recycling technologies.
</li>
</ul>
Our leadership team has also been bolstered by the recent addition of <a href="https://investors.adurocleantech.com/press-releases/press-releases-details/2025/Aduro-Clean-Technologies-Appoints-VP-of-Engineering-and-Initiates-New-Marketing-Efforts/default.aspx" rel="follow noopener" target="_blank">Dr. Arturo Gomez as Vice President of Engineering</a>. Dr. Gomez brings a wealth of expertise and will play a pivotal role in leading us through our next phase of growth. His appointment underscores our commitment to building a strong foundation for commercialization and long-term success.
As 2025 unfolds, we are prepared to make significant strides in our mission to create a more sustainable future. With the Closing Bell ceremony serving as both a capstone to past achievements and a springboard for future endeavors, we are ready to embrace the opportunities and challenges ahead.
The Nasdaq Closing Bell on January 17 may have marked the end of a trading day, but for us, it signifies the beginning of an exciting new chapter. With a strong foundation, a clear vision, and an unwavering commitment to innovation, 2025 is set to be a year of milestones for Aduro, impacting the future of sustainable chemical technologies.

<img src="https://cdn.buttercms.com/EG2ubNQRS9mbmkfdWpP3" alt="Mena Closing Markets.webp" style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif; display: block; margin-left: auto; margin-right: auto;">

Forward-Looking Statements Disclaimer
This blog contains forward-looking statements, which are subject to risks and uncertainties. These statements are based on current expectations, estimates, and projections about the industry and markets in which Aduro Clean Technologies Inc. operates, as well as management&rsquo;s beliefs and assumptions. Words such as &ldquo;anticipates,&rdquo; &ldquo;expects,&rdquo; &ldquo;intends,&rdquo; &ldquo;plans,&rdquo; &ldquo;believes,&rdquo; &ldquo;seeks,&rdquo; &ldquo;estimates,&rdquo; and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described below and other risks and uncertainties detailed in our filings with regulatory authorities. Forward-looking statements in this blog post include, but are not limited to, our plans for a groundbreaking year in 2025, including our plan to drive towards commercialization, expanding partnerships, and setting new benchmarks in sustainability and advanced chemical recycling technology; our focus on advancing our patented Hydrochemolytic&trade; Technology; our plans to construct our first pilot plant in 2025, a critical step towards scaling our technology and demonstrating its commercial viability; our plan to forge new partnerships and strengthen existing ones, with the goal of accelerating the adoption of our innovative solutions; our plans to continue our research and development efforts to push boundaries, setting new standards for sustainability and efficiency in advanced recycling technologies; and our plan to make significant strides in our mission to create a more sustainable future.
Factors that could cause actual results to differ materially include, but are not limited to, our ability to successfully develop and commercialize our Hydrochemolytic&trade; Technology, the timing and success of our pilot plant and subsequent commercial demonstration plant, market acceptance of our technology, regulatory changes, and other risks detailed in our filings with securities regulators. In addition, we are subject to various other risks, including, but not limited to, our ability to successfully commercialize our technology, which depends on various factors, including the construction and operational success of our pilot plant, market acceptance, and regulatory approvals. Any delays or failures in these areas could adversely affect our business. While we have filed patents to protect our technology, there is no guarantee that these patents will provide adequate protection against competitors. Additionally, we may face challenges in defending our intellectual property rights. Our financial performance is subject to risks related to market conditions, investor confidence, and our ability to secure additional funding. Any adverse changes in these areas could impact our financial stability and growth prospects. Our strategy relies heavily on partnerships and collaborations. The success of these relationships is uncertain and may be affected by factors beyond our control, such as changes in partner priorities or financial health. The development and commercialization of our technology are subject to extensive regulatory requirements. Any changes in regulations or failure to comply with existing regulations could delay or prevent the successful commercialization of our products. The market for advanced chemical recycling technology is highly competitive. We face competition from both established companies and new entrants. Our ability to compete effectively will depend on our ability to innovate and respond to market changes.
Investors and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this blog. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.

Aduro proudly took the stage at Nasdaq, ringing the iconic Closing Bell, and marking a significant milestone as we celebrate our uplisting to Nasdaq in 2024.

Nasdaq Closing Bell: Aduro Opens a New Chapter for 2025

Nasdaq Closing Bell: Aduro opens a new chapter for 2025

London, Ontario, October 31, 2024 &ndash;&nbsp;<a href="https://www.adurocleantech.com/?utm_source=AduroWebsite&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Aduro Clean Technologies Inc</a>. (&ldquo;Aduro&rdquo; or the &ldquo;Company&rdquo;) (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, has filed its interim consolidated financial results for the three months ended August 31, 2024, and has provided the following highlights. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
Ofer Vicus, CEO of Aduro, remarked, &ldquo;This quarter, Aduro continued to achieve essential milestones that underscore our technical progress towards higher market readiness. We advanced our engagement with TotalEnergies from an extended technical evaluation phase into an augmented research and collaboration agreement. In addition, we continue to <a name="_Hlk181216607"></a>make great progress on the design of our Next Generation Process, while filing a new patent application, further strengthening our intellectual property and expanding our addressable market.&rdquo;&nbsp;
&ldquo;Q1 featured notable financial and structural improvements that strengthen Aduro&rsquo;s operational foundation,&rdquo; remarked Mena Beshay, CFO of Aduro. &ldquo;The successful private placement significantly strengthened our capital structure and bolstered our research and development and scale-up up activities. These steps collectively place Aduro in a stronger financial position to continue advancing our technology applications and customer engagement initiatives.&rdquo;
First Quarter 2025 - Financial Highlights
<ul type="disc">
<li>Quarterly revenue was $55,000 for Q1 2025, a slight decrease of 6% compared to revenue of $58,545 generated in Q1 2024.</li>
<li>Loss from operations was $2,462,532 for Q1 2025, as compared to loss from operations of $1,570,322 in Q1 2024.</li>
<li>Property, plant, and equipment carrying cost as of August 31, 2024, was $3.92 million representing an increase of approximately $0.313 million over Q1 2025, signifying an increased investment in research and laboratory equipment.</li>
<li>The Company maintained a strong cash position of approximately $5.95 million as of August 31, 2024.</li>
</ul>
First Quarter 2025 - Corporate Highlights and Subsequent Events&nbsp;
<a href="https://adurocleantech.com/news/aduro-clean-technologies-announces-closing-of-non-brokered-private-placement2?utm_source=PR116LIFE&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Private Placement</a>: Completed a $3.52 million non-brokered private placement, bolstering funds for ongoing R&amp;D and operational growth.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-announces-grant-of-stock-options?utm_source=PR121OptionsGrant&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Stock Option Grants</a>: Issued 2,685,000 stock options to directors, officers, employees, and a consultant, exercisable over five years with monthly vesting over 24 months, aligning incentives with corporate growth and execution.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-engages-kcsa-strategic-communications-to-provide-investor-relations-and-dig?utm_source=PR117KCSA&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Investor Engagement</a>: Engaged KCSA Strategic Communications, a leading New York-based communications firm, <a name="_Hlk181216908"></a>to provide investor relations and digital services. Using the AmplifIR platform to expand investor outreach and strengthen brand presence, the Company expects that KCSA will be able to facilitate greater awareness and widespread dissemination of the Company&rsquo;s news and progress.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-announces-effective-date-for-share-consolidation-and-conversion-of-class-b?utm_source=PR122ClassBConsolidation&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Conversion of Class B Warrants and Share Consolidation</a>: Upon reaching the Second Milestone in the Securities Exchange Agreement between the Company and Aduro Energy Inc. dated October 22, 2020, as amended, the Company converted the Class B Special Warrants and issued 4,102,563 post-consolidation common shares. Additionally, the Company executed a 3.25-to-1 common share consolidation effective August 20, 2024, reducing the common shares issued and outstanding from 88,316,467 shares to 27,174,297 common shares inclusive of the Class B warrant conversion.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-enters-new-phase-of-collaboration-with-totalenergies?utm_source=PR120TotalEnergies&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Entered New Phase of Collaboration with TotalEnergies</a>: After two positive technical evaluation programs with TotalEnergies, Aduro has advanced to a new research and development collaboration phase with TotalEnergies to optimize Hydrochemolytic&trade; technology for complex multi-polymer waste, establishing parameters for potential commercial deployment.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-provides-update-on-next-generation-process?utm_source=PR118NGP&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Next Generation Process (NGP):</a> Conducted semi-industrial experiments to finalize reactor configurations for the NGP. Aduro aims to complete NGP design by calendar year-end, advancing its scale-up program and expanding its capabilities to expand collaborations within its Customer Engagement Program.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-files-new-patent-application-to-transform-waste-plastics-and-renewable-oils?utm_source=PR123BTXPatent&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">New Patent Filing</a>: Submitted a patent for a cost-effective and efficient process to produce BTX chemicals (benzene, toluene, <a name="_Hlk181217021"></a>and xylenes) from waste plastics and renewable oils, strengthening Aduro&rsquo;s IP and addressing high-demand markets. BTX compounds are essential building blocks for a wide array of high-value chemicals and materials, including plastics, paints, sealants, coatings, and pharmaceuticals. Aromatic chemicals like BTX are key building blocks, accounting for 40% of petrochemical production by volume. The new patent application marks significant progress towards a key objective set out by Aduro at the beginning of 2024, the expansion of the Company&rsquo;s technology and intellectual property position.
<a href="https://adurocleantech.com/news/aduro-clean-technologies-to-present-innovative-hydrochemolytic-technology-at-the-international-refin?utm_source=PR125IRPC&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Conference Participation:</a> Participated in the International Refining &amp; Petroleum Conference 2024 (IRPC), highlighting advancements and fostering potential partnerships to support ongoing innovation and commercialization efforts.
These achievements underscore Aduro&rsquo;s commitment to scaling innovative technology solutions and positioning itself as a leader in sustainable chemical processing.
For a more detailed discussion of Aduro's Q1 2025 results, please refer to the Company's condensed interim consolidated financial statements and interim management discussion &amp; analysis for the three months ended August 31, 2024, which are available at <a href="http://www.sedarplus.ca/">www.sedarplus.ca</a>.
Upcoming Annual General Meeting
The Company&rsquo;s <a href="https://us02web.zoom.us/j/81086061737?pwd=dLbw3MaXY2ruM8ObutqyJ1WE3qa2pg.1?utm_source=ACT2024AGM&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">Annual General Meeting (AGM)</a> is scheduled for November 22, 2024, at 11:00 a.m. Eastern Time, and will be accessible via Zoom and teleconference. Shareholders will vote on important matters, including the election of directors and auditor appointments. The AGM circular, containing the access link and agenda, has been sent to shareholders of record as of October 16, 2024. Shareholders are encouraged to vote by proxy in advance and join the AGM via Zoom or teleconference.
To access the Meeting by Zoom, please join via the following link:
<a href="https://us02web.zoom.us/j/81086061737?pwd=dLbw3MaXY2ruM8ObutqyJ1WE3qa2pg.1">https://us02web.zoom.us/j/81086061737?pwd=dLbw3MaXY2ruM8ObutqyJ1WE3qa2pg.1</a> Meeting ID: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 810 8606 1737 Passcode: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 010600 To dial-in by phone find your local number here: <a href="https://us02web.zoom.us/u/kA2AqZOpw">https://us02web.zoom.us/u/kA2AqZOpw</a> 
About Aduro Clean Technologies&nbsp;
Aduro Clean Technologies is a developer of patented 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. The Company&rsquo;s Hydrochemolytic&trade; technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st&nbsp;century.
&nbsp;
For further information, please contact:
Abe Dyck, Investor Relations ir@adurocleantech.com +1 226 784 8889
<a href="https://www.kcsa.com/?utm_source=KCSA&amp;utm_campaign=PR126&amp;utm_medium=PressRelease">KCSA Strategic Communications</a>
Jack Perkins, Vice President aduro@kcsa.com&nbsp;
Forward-Looking Statements&nbsp;
This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects, or anticipates will or may occur in the future, are forward-looking statements. The forward-looking statements reflect management&rsquo;s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. <a name="_Hlk181217639"></a>In this news release, the forward-looking statements include, but are not limited to, the ongoing progress of the design of the Company&rsquo;s Next Generation Process, strengthening the Company&rsquo;s intellectual property and expansion of the total addressable market; the plan to continue strengthening the Company&rsquo;s capital structure and bolster research and development and scale-up activities; the anticipated stronger financial position and continued advancement of the Company&rsquo;s technology applications and customer engagement initiatives; the intended use of proceeds from private placement financings for ongoing R&amp;D and operational growth; the issuance of stock options intended to align employee incentives with corporate growth and execution; the engagement of KCSA Strategic Communications with an intention to expand investor outreach and strengthen brand presence, including facilitation of greater awareness and widespread dissemination of the Company&rsquo;s news and progress; the anticipated collaboration phase with TotalEnergies aimed to establish parameters for potential commercial deployment; the participation by the Company in conferences aimed to highlight advancements and foster potential partnerships to support ongoing innovation and commercialization efforts; the Company&rsquo;s intention to scale innovative technology solutions and position itself as a leader in sustainable chemical processing; and the Company&rsquo;s plans for the upcoming annual general meeting. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Important factors that could cause actual results to differ materially from the Company&rsquo;s expectations include, but are not limited to, the various factors that may impede or prevent the Company&rsquo;s ongoing progress for the design of the Next Generation Process, the strengthening its intellectual property and expansion of the total addressable market; that the Company may for various reasons fail to strengthen its capital structure or bolster research and development and scale-up activities; that the Company&rsquo;s financial position may not continue to improve as anticipated for various reasons; that the advancement of the technology applications and customer engagement initiatives of the Company may fail to progress for various reasons; that the proceeds from private placement financings may be used for other unanticipated purposes; that the incentive equity awards may not incentivize employees to align with corporate growth and execution; that the engagement of KCSA may fail to expand the investor outreach or strengthen brand presence as anticipated; that the collaboration phase with TotalEnergies may not proceed as anticipated or may fail to establish any viable parameters for potential commercial deployment; that the participation by the Company in conferences may not achieve desired results or foster partnerships supporting commercialization; that the Company may be unsuccessful in scaling its technology solutions and be unable to establish itself as a leader in sustainable chemical processing due to other competing technologies or unforeseen circumstances; and thatadverse market conditions and other factors beyond the control of the parties may negatively affect the company and its business. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether because of new information, future events, or otherwise, except as required by applicable law.
&nbsp;
The CSE has not reviewed, approved, or disapproved the content of this news release.

London, Ontario, October 31, 2024 – Aduro Clean Technologies Inc . (“ Aduro ” or the “ Company ”) (CSE: ACT ) (OTCQX: ACTHF ) (FSE: 9D5 ), a

Aduro Clean Technologies Reports Fiscal 2025 First Quarter Results

London, Ontario, October 31, 2024 – Aduro Clean Technologies Inc . (“ Aduro ” or the “ Company ”) (CSE: ACT ) (OTCQX: ACTHF ) (FSE: 9D5 ), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, ...

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