06:01:19 EDT Fri 04 Jul 2025
Enter Symbol
or Name
USA
CA



Aduro Clean Technologies Inc (2)
Symbol ACT
Shares Issued 30,631,255
Close 2025-07-03 C$ 12.22
Market Cap C$ 374,313,936
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Aduro Clean grants stock options, RSUs

2025-07-03 16:38 ET - News Release

Mr. Abe Dyck reports

ADURO CLEAN TECHNOLOGIES ANNOUNCES GRANT OF STOCK OPTIONS AND RSUS

Aduro Clean Technologies Inc. has granted an aggregate of 743,500 stock options to purchase up to 743,500 common shares of the company to certain directors, officers, employees and consultants of the company.

The options are exercisable for a period of five years from the date of grant at a price of $13.50 per common share. The options will vest on a monthly basis over a period of two years from the date of the option grant.

In addition, the company granted 100,000 restricted share units of the company to a consultant of the company. Each RSU represents the right to receive, once vested, one common share in the capital of the company. The RSUs will vest in three tranches, with the 35,000 RSUs vesting immediately upon the date of grant, 35,000 RSUs vesting on the date that is six months following the date of grant and 30,000 RSUs vesting on the date that is 12 months following the date of grant. All 743,500 of the options, 100,000 of the RSUs, and the common shares underlying such options and RSUs are subject to a hold period of four months and one day from the date of issuance.

About Aduro Clean Technologies Inc.

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics, convert heavy crude and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals. The company's Hydrochemolytic technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.

We seek Safe Harbor.

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