GNW-Adhoc: Aduro Clean Technologies presents itself at the CEM AlphaNorth Capital Event and expands its commitment to business and investment decisions…

^LONDON, Ontario, Jan. 17, 2024 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc.

(https://www.adurocleantech.com/?utm_source=AduroWebsite&utm_campaign=PR88&utm_m

edium=PressRelease) (“Aduro” or the “Company”) (CSE: ACT) (OTCQX: ACTHF)

(FSE: 9D50), a Canadian technology company that harnesses the power of chemistry

used to produce low-quality raw materials such as plastic waste, heavy bitumen and

Transforming Renewable Oils into 21st Century Resources Announces

that it was at the 10th annual CEM AlphaNorth Capital Event

(https://cem.ca/conference/alphanorth-capital-event-2024/) from 19th to 21st.

January 2024 in Nassau, Bahamas, hosted by Capital Event

Management Ltd (“CEM”). During the event, Aduro

Conduct individual discussions with interested investors and other stakeholders.

The company has also terminated its contract with Arrowhead Business and

Investment Decisions, LLC (“Arrowhead”), originally on May 4th

2023 (https://adurocleantech.com/news/aduro-clean-technologies-announces-

engagement-of-investor-relations-services-provider-arrowhead-

busi?utm_source=Arrowhead%20PR84&utm_campaign=PR101&utm_medium=PressRelease)

was announced and relates to the provision of investor relations services

provides services for the company.

The company is pleased to participate in the CEM AlphaNorth Capital Event and the

To have the opportunity to showcase his recent successes and future ones

Discuss plans with investors. Aduro’s mission, a significant one

Unlocking value from its technology platforms and the plastics industry

to revolutionize through sustainable and environmentally friendly solutions

continues to be at the forefront of our actions, and the Aduro team is pleased to

to share our progress and future plans with the investor community.

The Company is also pleased to announce that it has terminated its agreement

with Arrowhead on marketing and investor relations. Arrowhead

will provide its services for a further term from January 1, 2024 to

Offer June 30, 2024. The term is automatically extended each time

six months, unless one of the parties gives notice of 30

days in writing. The cash compensation for the services

during the extended term is 50,000 USD, with 25,000 USD per day

of the contract extension and $25,000 due after three months.

Arrowhead is not affiliated with or has any direct ownership interest in the Company

indirectly an interest in the company or its securities.

Arrowhead will continue to support Aduro in its international capital markets strategy

advise and work closely with Aduro to create a comprehensive international

Develop and implement marketing program for investors. These include the

Presentation of the company on the Arrowhead platform, the publication

independent analyses, the targeted approach of investors, the dissemination

of company information, roadshows outside of business transactions,

Reporting and strategic advice. The marketing services

will be posted on Arrowhead’s and the social media channels and platforms

Platform arrowhead.bid (https://arrowhead.bid/cnsx-act/) provided.

About Capital Event Management Ltd.

Capital Event Management Ltd (https://cem.ca/), (“CEM”) is a leading

Provider of opportunities for small cap investment advisors, portfolio managers,

institutional investors and high net worth individuals, with emerging

To get in touch with companies that are looking for capital and

support on the open market. With more than 10 years of experience in

maintaining an exclusive investor database and a partner fund at CEM

Capital, the company has done the groundwork to make it easy for customers

to build relationships that can make a difference. The five-column one

CEM’s approach includes a partner fund, target events, virtual

Meetings, leadership advice and advisory services, all on it

are aimed at providing valuable experiences that capitalize on opportunities

connect.

Arrowhead Business and Investment Decisions, LLC

Arrowhead Business and Investment Decisions LLC.,

(https://arrowheadbid.com/) (“Arrowhead”) is headquartered in New York City

and was founded in 2008. Arrowhead advises listed companies in the

areas of investor relations, financial communication and capital market strategies.

As a cross-border specialist, Arrowhead offers ideation, insights

and corporate access to an international network of institutional and

private investors. Supported by targeting, research and interaction

Arrowhead helps companies and investors evaluate opportunities, contacts

socialize, exchange information and carry out transactions.

About Aduro Clean Technologies

Aduro Clean Technologies develops patented water-based technologies to

Chemically recycle plastic waste, heavy crude oil and bitumen in

lighter, more valuable oil and renewable oils into higher quality fuels or

convert renewable chemicals. The Hydrochemolytic(TM) technology of the

Company activates the unique properties of water in one

chemical platform operating at relatively low temperatures and low cost

works – a pioneering approach that uses lower quality raw materials

Transforming 21st century resources.

For further information please contact:

Ofer Vicus, CEO

[email protected] (mailto:[email protected])

Abe Dyck, Investor Relations

[email protected] (mailto:[email protected])

+1 604-362-7011

Arrowhead

Thomas Renaud, Managing Director

[email protected] (mailto:[email protected])

(mailto:[email protected])+1 212 619 6889

Forward-Looking Statements

This press release contains forward-looking statements. All statements that

refers not to historical facts, but to activities, events or

Developments relate to the belief, expectation or forecast of the

According to the company, will or may occur in the future

forward-looking statements. The forward-looking statements reflect the

current expectations of the management, which are based on the current

based on available information. They are subject to a number of risks and

There are uncertainties that could cause actual results to vary

differ materially from those contained in the forward-looking statements

be presented. This press release contains forward-looking information

Statements include, among other things, expectations regarding the implementation of the continued

Arrowhead Marketing and Investor Relations Services and

in particular the expected effects of the proposed

Marketing services, including increasing awareness

of the company and its evolving technologies in the United States

States and internationally. Although the company believes that the

The assumptions underlying forward-looking statements are reasonable

Forward-looking statements are not guarantees of future performance, and

accordingly, due to the uncertainty involved, no

undue reliance can be placed on such statements. Important factors,

which could cause actual results to differ materially

Expectations of the company differ, among other things, that the marketing

Services are not provided as expected

Services do not lead to the expected results that are unfavorable

market conditions prevail and that other factors outside the

are under the control of the parties. The company has neither

express intention nor the obligation to make forward-looking statements

new information, future events or for other reasons

update or revise unless otherwise required by applicable law

is prescribed.

The CSE has not reviewed, approved or approved the contents of this press release

rejected.

A photo accompanying this announcement is available

at https://www.globenewswire.com/NewsRoom/AttachmentNg/584db0a0-b635-477b-

b14b-f3ac42e3caed.

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