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Clear Blue Technologies International ( (TSE:CBLU) ) has issued an update.
Clear Blue Technologies International has applied to the TSX Venture Exchange to increase its previously announced non-brokered private placement to 24 million units and extend its price protection to January 29, 2026, allowing more time to complete subscriptions. The offering, priced at $0.05 per unit and including a common share and a warrant exercisable at $0.06 for 36 months, could raise up to $1.2 million, with $793,700 already secured through two tranches that also involved cash finder’s fees and finder’s warrants; insider participation classifies part of the deal as a related-party transaction, though the company plans to rely on regulatory exemptions as the insider portion will remain below 25% of its market capitalization, subject to final TSXV and securities law approvals and standard hold periods for the issued securities.
The most recent analyst rating on (TSE:CBLU) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Clear Blue Technologies International stock, see the TSE:CBLU Stock Forecast page.
Spark’s Take on TSE:CBLU Stock
According to Spark, TipRanks’ AI Analyst, TSE:CBLU is a Neutral.
The score is primarily held back by weak financial performance: ongoing losses, negative equity and leverage concerns, and challenged operating/free cash flow. Technicals are moderately supportive in the near term (price above shorter moving averages with positive momentum), but valuation remains constrained by unprofitable earnings (negative P/E) and no dividend yield data.
To see Spark’s full report on TSE:CBLU stock, click here.
More about Clear Blue Technologies International
Clear Blue Technologies International is a Toronto-based provider of Smart Off-Grid power solutions and services for mission-critical infrastructure, including telecommunications, Internet of Things (IoT) applications and street lighting. Its technology is designed to deliver cost savings, predictive maintenance and reliable power in remote or challenging environments, targeting customers that require dependable off-grid energy for critical systems.
Average Trading Volume: 65,631
Technical Sentiment Signal: Sell
Current Market Cap: C$5.5M
Learn more about CBLU stock on TipRanks’ Stock Analysis page.