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Aduro Clean Technologies Targets $2.5M in Private Placement
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Aduro Clean Technologies Targets $2.5M in Private Placement

Aduro Clean Technologies (TSE:ACT) has released an update.

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Aduro Clean Technologies is launching a private placement to raise between $2 million and $2.5 million to fund research and development in chemical recycling technologies and cover general expenses. This offering, consisting of units priced at $1.30 each, includes shares and warrants, with the latter exercisable at $1.60. Scheduled to close around June 14, 2024, the initiative is open to investors in all Canadian provinces and is not subject to resale restrictions for Canadians.

For further insights into TSE:ACT stock, check out TipRanks’ Stock Analysis page.

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