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Clear Blue Technologies International Inc (2)
Symbol CBLU
Shares Issued 78,601,919
Close 2025-07-22 C$ 0.085
Market Cap C$ 6,681,163
Recent Sedar+ Documents

Clear Blue appoints Ross to board, hires Panolia for IR

2025-07-22 19:57 ET - News Release

Ms. Miriam Tuerk reports

CLEAR BLUE TECHNOLOGIES WELCOMES MR. GREG ROSS TO BOARD OF DIRECTORS AND ENGAGES PANOLIA FOR INVESTOR RELATIONS SERVICES

Greg Ross has joined Clear Blue Technologies International Inc.'s board of directors. Mr. Ross is an award-winning investment executive bringing over 35 years of senior management experience across North American insurance and asset management companies.

"I am honoured to join Clear Blue's board at a critical time in the company's evolution," stated Mr. Ross. "The company's Smart Off-Grid technologies play an important role in sustainable, mission-critical infrastructure by reducing both emissions and costs for customers. I look forward to leveraging my past success in public and private financings, and debt restructuring as the company enters this next phase of growth."

Mr. Ross is currently president of Big Red Management Consulting Ltd., where he provides investment advisory to various clients. He previously served as president and chief executive officer of Foresters Asset Management prior to its acquisition by Fiera Capital Corp. Mr. Ross also held the same role at Aegon Capital Management and was chief investment officer at Transamerica Life Canada, where he received the Lipper awards in 2012 and 2014. He holds a bachelor of arts in philosophy from the University of Toronto.

In addition, Clear Blue has signed a service agreement with Ontario-based Panolia Investor Relations Inc. to develop and execute a comprehensive investor relations program. The program's goal is to broaden the company's shareholder base, manage investor communications and expectations, and provide Clear Blue with strategic capital markets advisory.

"Clear Blue is a unique company benefiting from several trends in distributed energy, satellite Internet and telecommunications infrastructure investment," stated Brandon Chow, principal and founder at Panolia. "With the recent restructuring completed and key commercial partnerships in place, I believe there is a compelling long-term opportunity. I am excited to help the team execute their next phase of investor relations efforts."

Pursuant to the agreement, the company will pay Panolia a monthly fee of $3,500, plus applicable taxes and reasonable expenses, on a month-to-month basis. The company is at arm's length from Panolia and the costs of the activities under the agreement are expected to be financed with cash on hand. The agreement remains in effect until either party terminates the agreement by providing the other party 30 days of prior written notice of termination.

Also pursuant to the agreement, 80,000 options to purchase common shares will be granted to Brandon Chow, principal and sole shareholder of Panolia. These options are granted effective July 22, 2025, and will vest in quarterly instalments over a 12-month period at a price of nine cents, which represent the closing price of the previous trading day, and expire after five years. All the foregoing stock options are subject to the terms and conditions of the company's stock option plan.

Panolia confirmed to the company that neither Panolia nor Mr. Chow currently owns, directly or indirectly, any securities in the company or any right to acquire any securities of the company. Mr. Chow intends to acquire, through open-market transactions, additional common shares of the company for personal investment purposes.

The agreement is subject to the regulatory acceptance by the TSX Venture Exchange.

About Clear Blue Technologies International Inc.

Clear Blue Technologies provides Smart Off-Grid power solutions and services for mission-critical infrastructure such as telecommunications, Internet of Things (IoT) and street lighting. The company's technology enables cost savings, predictive maintenance and reliable power in remote or challenging environments.

We seek Safe Harbor.

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