Aduro Clean Technologies Announces Closing $15.54 Million Underwritten Public Offering

Aduro Clean Technologies Inc. completed an underwritten public offering of 1,028,645 common shares at US$15.20 per share, raising US$15.64 million in gross proceeds. The company plans to use the net proceeds for design, engineering, and construction of its first-of-a-kind demonstration-scale industrial plant, along with R&D costs and general corporate purposes.