From GlobeNewswire: 2025-04-09 13:00:00

Clear Blue Technologies International Inc. has successfully completed a balance sheet restructuring initiative to enhance financial flexibility and position the company for long-term growth. The company’s ongoing commitment to R&D has required significant capital investment, resulting in a higher debt component on its balance sheet. Clear Blue has worked collaboratively with stakeholders to restructure its financial position, including signing financing agreements with RE Royalties Ltd. and completing a share consolidation. The company is optimistic about entering 2025 with strong momentum and targets positive EBITDA for the year. Clear Blue benefits from a diversified global customer base and is focused on execution as market conditions evolve.



Read more at GlobeNewswire: Clear Blue Technologies Completes Balance Sheet