$ACT.CN

Aduro Clean Technologies Brief: Closes an Underwritten U.S. and Canadian Public Offering of 1.03-Million Shares Priced at US$15.20, Raising US$15.64 Million

Aduro Clean Technologies Starts Trading on the Toronto Stock Exchange

Aduro Clean Technologies (ACT.CN) on Tuesday said it received final approval to list its shares on the Toronto Stock Exchange (TSX) under the symbol "ACT".Trading on the TSX will start at market open on May 27. In connection with the TSX listing, the company will concurrently delist its shares from the Canadian Securities Exchange.Aduro shares will continue to trade on the Nasdaq Capital Market under the symbol "ADUR" and Frankfurt Stock Exchange under the symbol "9D5".Shares of the company were last seen up $1.35 to $20.75 on the Canadian Securities Exchange.Price: $20.75, Change: $+1.35, Percent Change: +6.96%

Aduro Clean Technologies to List on the Toronto Stock Exchange

Aduro Clean Technologies (ACT.CN) received conditional approval to list its shares on the Toronto Stock Exchange (TSX) under the symbol "ACT", it said on Tuesday.Final approval of the listing remains subject to the company fulfilling all the needs of the TSX, including receipt of all required documentation, it said.The company expects to delist its shares from the Canadian Securities Exchange (CSE) in connection with the TSX listing.Shares of the company were last seen down $0.68 to $18.24 on the CSE.Price: $18.24, Change: $-0.68, Percent Change: -3.59%

Aduro Clean Technologies Says HCT Extends to "Highly Paraffinic" Crude Oils

Aduro Clean Technologies' (ACT.CN) hydrochemolytic technology (HCT) now extends to "highly paraffinic" crude oils, the company said on Thursday.This advancement is a new potential application of HCT, following heavy bitumen upgrading and chemical recycling of waste plastics. It supports the technology's positioning across diverse hydrocarbon feedstocks.Aduro has filed a continuation-in-part (CIP) patent application with the United States Patent and Trademark Office (USPTO) to protect this development.Paraffinic crudes account for between 20% to 33% of global crude production, but transport and processing constraints limit the range of refineries able to receive them and reduce realized market value. Yet, these feedstocks are increasingly recognized for favorable refining characteristics, including low sulfur and metals content, high cetane diesel yields, and premium performance in lubricant base oil and fluid catalytic cracker (FCC) applications, a statement said."Paraffinic crude oils are widely produced and inherently valuable, but their full potential is often constrained by excessive handling and processing requirements. This extension reflects a practical step in expanding the relevance of our technology and its potential application across the hydrocarbon value chain. Each new application we validate strengthens HCT's position as a platform technology, increases our value proposition, and broadens the set of potential markets and partners we can pursue over time," said chief executive Ofer Vicus.Aduro shares closed up $1.12, to $16.39 on the Canadian Securities Exchange on Wednesday.