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
Dimension Five Technologies Inc. Announces Amendment of Securities Exchange Agreement with Aduro Energy Inc. and Majority Shareholder Approval
Acquisition will constitute a fundamental change under the policies of the CSE
VANCOUVER, BC / ACCESSWIRE / April 6, 2021 /
Dimension Five Technologies Inc. (CSE:DFT) (the
Company ,
Dimension Five or
D5 ) announces that, further to its news releases dated July 14, 2020 and October 23, 2020, the Company has obtained the conditional approval of the Canadian Securities Exchange (
CSE ) for its re-listing application on CSE Form 2A to be completed following the closing (the
Closing ) of the proposed acquisition (the
Acquisition ) of all of the issued and outstanding shares Aduro Energy Inc. (
Dimension Five Technologies Inc.: Dimension Five Announces Closing of Private Placement
Dimension Five Technologies Inc.
(CSE:DFT) (the Company ) announces that it has completed a non-brokered private placement pursuant to which it has issued an aggregate of 16,898,174 units (each, a
Unit ), at a price of $0.083 per Unit for gross proceeds of $1,402,548.44 (the
Offering ), before giving effect to a three (3) for one (1) consolidation of the Company s capital (the
Consolidation ) which will be completed as soon as reasonably practicable following completion of the proposed acquisition of Aduro Energy Inc. (
Aduro ) and its clean energy business pursuant to the Share Exchange Agreement with Aduro and the securityholders of Aduro dated October 22, 2020 (being $0.25 per Unit on a post-Consolidation basis). Each Unit is comprised of one common share (each, a
Dimension Five Technologies Inc.: Dimension Five Announces Departure of Officer and Appointment of Officer
Dimension Five Technologies Inc.
(CSE:DFT) (the Company ) announces departure of interim Chief Financial Officer ( CFO ) and interim Corporate Secretary, Daniel Hejcman, effective January 11, 2021. The Company is grateful to Mr. Hejcman for his leadership and services during our CFO transition and wishes him all the best.
The Company is pleased to appoint Donnacha Rahill as the Companies new CFO and Corporate Secretary. Mr. Rahill recently served as Chief Financial Officer of Flow Capital Corp. (FW) and during this time he took a leadership role in two business combination transactions. Mr. Rahill has over 20 years of experience in various CFO and senior finance roles in Ireland, Canada and Singapore and these roles were primarily in startup businesses. He is a Fellow of the Institute of Chartered Accountants in Ireland and was admitted to membership in November 1987.
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Dimension Five Announces Departure of Officer and Appointment of Officer
January 12, 2021 GMT
VANCOUVER, BC / ACCESSWIRE / January 11, 2021 / Dimension Five Technologies Inc. (CSE:DFT) (the “Company”) announces departure of interim Chief Financial Officer (“CFO”) and interim Corporate Secretary, Daniel Hejcman, effective January 11, 2021. The Company is grateful to Mr. Hejcman for his leadership and services during our CFO transition and wishes him all the best.
The Company is pleased to appoint Donnacha Rahill as the Companies new CFO and Corporate Secretary. Mr. Rahill recently served as Chief Financial Officer of Flow Capital Corp. (FW) and during this time he took a leadership role in two business combination transactions. Mr. Rahill has over 20 years of experience in various CFO and senior finance roles in Ireland, Canada and Singapore and these roles were primarily in startup