Aduro Clean Technologies Inc. announced the closing of its underwritten U.S. public offering of 1,739,130 common shares and accompanying warrants, raising approximately US$20 million. D. Boral Capital LLC acted as lead underwriter, and Roth Capital Partners was the financial advisor. The net proceeds will fund the construction of the Demonstration-Scale Plant and for ongoing research and development. The underwriters were granted a 45-day over-allotment option. The Offering was made pursuant to an effective shelf registration statement filed with the SEC and the Company’s Canadian short form base shelf prospectus. Copies of the final prospectus are available on the SEC’s website or from D. Boral Capital LLC.

Aduro Clean Technologies is a developer of patented water-based technologies to chemically recycle waste plastics, convert heavy crude and bitumen into valuable oil, and transform renewable oils into higher-value fuels. The Company’s Hydrochemolytic™ Technology uses water as a critical agent at low temperatures, converting low-value feedstocks into resources. Forward-looking statements in the press release address the Company’s expectations regarding the public offering and use of net proceeds, subject to risks and uncertainties. The Company undertakes no duty to update this information except as required by law.

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