Aduro Clean Technologies Inc. Announces Closing of Transaction with Aduro Energy and Fundamental Change under the Policies of the CSE
VANCOUVER, BC / ACCESSWIRE / April 28, 2021 /
Aduro Clean Technologies Inc. (CSE: ACT) (the "
Company" or "
Aduro Clean Technologies"), formerly Dimension Five Technologies Inc. (CSE: DFT), is pleased to announce that, further to its news releases dated July 14, 2020, October 23, 2020 and April 6, 2021, the Company has completed its acquisition (the "
Transaction") of all of the issued and outstanding shares of Aduro Energy Inc. ("
Aduro Energy") from the securityholders of Aduro Energy (the "
Vendors"), pursuant to a securities exchange agreement dated October 22, 2020, as amended (the "
Agreement"). The Transaction, which was an arm's length acquisition, constituted a "fundamental change" for the Company under the policies of the Canadian Securities Exchange (the "