18:45:18 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Cleango Innovations Inc (3)
Symbol CGII
Shares Issued 4,694,427
Close 2024-04-30 C$ 1.08
Market Cap C$ 5,069,981
Recent Sedar Documents

Cleango applies to uplist to OTCQB, hires Positive Phil

2024-04-30 09:09 ET - News Release

Mr. Anthony Sarvucci reports

CLEANGO INNOVATIONS ANNOUNCES THAT THE COMPANY HAS FILED AN APPLICATION TO UPLIST TO THE OTCQB

As of April 29, Cleango Innovations Inc. has completed and submitted an application to the OTCQB Venture Market to uplist.

Cleango Innovations, a leader in proprietary green technologies is excited to announce that the company has filed an application to uplist to the OTCQB Venture Market, the application is subject to review and exchange approval. This strategic move to a higher tier of the exchange underscores the company's preparation for future developments and its commitment to enhancing shareholder value.

Upon receiving final approval from the exchange, this listing to the OTCQB Venture Market will provide Cleango Innovations with more efficient access to United States investors, greater transparency, enhanced liquidity and the potential for achieving a larger shareholder base. This transition is aligned with the company's objective to broaden its investor base and increase market exposure as it enters a pivotal phase in its enterprise-focused growth trajectory.

With a focus on driving sales and expanding the commercial reach of Cleango's flagship product, the CG-100, Cleango Innovations anticipates accelerated growth. The CG-100's innovative features have already started to drive change in market standards, and the company is committed to scaling up its production to meet increasing demand.

"As Cleango Innovations approaches a critical juncture in its development, we believe that trading on the OTCQB Venture Market will not only attract a more stable and long-term shareholder base, but also better prepare us for further advancements up the seniority ladder in the future," said Anthony Sarvucci, president and chief executive officer of Cleango Innovations.

The company also announces it has engaged Positive Phil Inc. of San Diego, Calif., to provide digital marketing services to the company for a term of 30 days to 90 days for a total consideration of $24,000 (U.S.). Positive Phil will utilize its on-line programs and media placement to generate a greater following, increase market awareness and attract new influencers through many different on-line platforms and methods of engagement. This includes programmatic audio advertising, digital public relations and pay-per-click campaigns. Phil Morgan of Positive Phil will be providing the services, and may be contacted via e-mail: phil@positivephil.com. Positive Phil and its principals are at arm's-length to the company.

About Cleango Innovations Inc.

Cleango Innovations is an international, publicly traded company that specializes in the development of early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.

The company is proud of its suite of proprietary, Green Seal-certified, non-toxic, green products that are Health Canada approved to claim 99.9 per cent disinfecting of viruses and bacteria on a hard surface. Cleango's portfolio is proud to be a part of Cruelty Free/Leaping Bunny as a certified product while being both family and pet safe. It is Cleango's mission to create the world's leading non-toxic, green solutions for the world's cleaning problems.

Cleango Innovation's experienced team brings new ideas and innovation based on science to find solutions to the problems of current world it lives in. Customers rely on quality, non-toxic products to keep their homes clean and their loved ones safe.

We seek Safe Harbor.

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