(MENAFN- GlobeNewsWire - Nasdaq) SARNIA, Ontario, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. (“ Aduro ” or the“ Company ”) (CSE: ACT ) (OTCQX: ACTHF ) (FSE: 9D50 ), a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is pleased to announce that it has upgraded its trading tier on the OTC Markets to the OTCQX® Best Market from the OTCQB® Venture Market.
To qualify for OTCQX, the top tier of the over-the-counter (“OTC”) markets, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX marks an important milestone for Aduro and is expected to increase visibility, liquidity, and investor access, thereby providing an excellent platform for Aduro to enhance its prominence among U.S. investors.
Effective today, Aduro begins trading on the OTCQX under the symbol“ACTHF”. U.S. investors can now access Real-Time Level 2 quotes and the latest financial disclosures for the Company on .
“We are proud to be traded on OTCQX, the top tier of the OTC Markets, and we anticipate that this upgrade will increase our exposure within the U.S. investment community, enhance liquidity, bring new visibility to Aduro, and provide greater access to shareholders wanting to take part in Aduro's journey,” stated Ofer Vicus, CEO of Aduro.“The upgrade to the OTCQX Market is a testament to our continuous endeavor to increase transparency, accessibility, and engagement with our shareholders as we expand our Customer Engagement Program and continue to advance our innovative HydrochemolyticTM technology platform.”
About OTC Markets Group Inc.
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About Aduro Clean Technologies
Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil; and transform renewable oils into higher-value fuels or renewable chemicals. The Company's HydrochemolyticTM technology relies on water as a critical agent in a chemistry platform that operates at relatively low temperatures and cost, a game-changing approach that converts low-value feedstocks into resources for the 21st century.
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