ACTHF - Aduro Clean Technologies Presents at CEM AlphaNorth Capital Event and Extends Engagement with Arrowhead Business and Investment Decisions | Benzinga
LONDON, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. ("Aduro" or the "Company") (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50), a Canadian 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, announces that it will participate in the 10th Annual CEM AlphaNorth Capital Event in Nassau, Bahamas from January 19-21, 2024 hosted by Capital Event Management Ltd ("CEM"). During the event, Aduro will conduct one-on-one meetings with interested investors and other stakeholders. The Company has also extended its engagement with Arrowhead Business and Investment Decisions, LLC ("Arrowhead"), originally announced on May 4, 2023, regarding the provision of investor relations services to the Company.
The Company is pleased to be participating in the CEM AlphaNorth Capital Event and to have the opportunity to showcase its recent achievements and discuss future plans with investors. Aduro's mission of unlocking significant value from its technology platforms and to revolutionize the plastic industry through sustainable and environmentally friendly solutions remains at the forefront of everything we do, and the Aduro team is thrilled to share our progress and future plans with the investment community.
The Company is also pleased to announce that it has extended its marketing and investor relations agreement with Arrowhead. Arrowhead will provide services for a renewed term starting January 1, 2024, and ending June 30, 2024. This renewed term will be automatically extended for successive six-month terms, subject to earlier termination by 30 days' written notice from either party. Cash compensation for the services during the renewed term will be US$50,000, with US$25,000 payable on the renewal ...