Aduro Clean Technologies Sets Stage For Growth With New Financing

Aduro Clean Technologies Inc., a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21^st century, today announced

An underwritten U.S. and Canadian public offering  of 1,028,645 common shares at a price of US$15.20 per common share  for gross proceeds to the Company, under the Public Offering, of US$15,635,404, before deducting underwriting discounts and Public Offering expenses.

A concurrent non-brokered private placement of up to 471,698 common shares at the Offering Price per common share for gross proceeds to the Company, under the LIFE Offering, of up to US$7,169,810, before deducting any finder’s fees and other LIFE Offering expenses, for aggregate gross proceeds to the Company of up to US$22,805,214, before deducting discounts, fees and other Offering expenses. Canaccord Genuity is acting as sole bookrunner for the Public Offering. In connection with the Public Offering, the Company entered into an underwriting agreement with Canaccord Genuity, as representative of the several underwriters in the Public Offering.

Aduro intends to use the net proceeds from the Offering for expenditures related to the design, engineering and construction of first-of-a-kind demonstration-scale industrial plant, ongoing research and development costs and the remainder for general corporate purposes and working capital. The Public Offering is expected to close on or about June 11, 2026, subject to the satisfaction of customary closing conditions including the listing of the offered common shares on the Toronto Stock Exchange and the Nasdaq Capital Market and any required approvals of the TSX and Nasdaq. The Public Offering is not conditional on the closing of the LIFE Offering, and the LIFE Offering is not conditional on the closing of the Public Offering. The LIFE Offering is expected to close on or about the Closing Date, or such other date as the Company may determine, and, in any event, on or before a date not later than 45 days after the date hereof. The LIFE Offering may close in one or more tranches.

The Public Offering is being made pursuant to an effective shelf registration statement on Form F-10, as amended, previously filed with the U.S. Securities and Exchange Commission on December 15, 2025 and became effective upon filing, and the Company’s Canadian short form base shelf prospectus dated December 15, 2025 and an accompanying prospectus supplement to the Base Shelf Prospectus.

The Base Shelf Prospectus relating to the Public Offering and describing the terms thereof has been filed with the securities regulatory authorities in British Columbia and Ontario and with the SEC in the United States and is available for free by visiting the Company’s profiles on the SEDAR+ website maintained by the Canadian Securities Administrators at sedarplus or the SEC’s website at sec, as applicable. The Prospectus Supplement will be filed with the securities regulatory authorities in British Columbia and Ontario and the SEC. Copies of the Final Prospectus may be obtained, when available, at the SEC’s website at sec or from Canaccord Genuity LLC.

Before you invest, you should read the Final Prospectus and other documents the Company has filed or will file with the with the securities regulatory authorities in British Columbia and Ontario and the SEC, for more complete information about the Company and the Offering.

The LIFE Offering is being made to purchasers resident in all provinces of Canada, except Québec, pursuant to the listed issuer financing exemption from the prospectus requirement available under Part 5A of National Instrument 45-106 – Prospectus Exemptions and Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption of the Canadian Securities Administrators. Subject to compliance with the terms of the LIFE Exemption, the common shares offered under the LIFE Exemption will not be subject to resale restrictions pursuant to applicable Canadian securities laws. In addition, the LIFE Shares may be offered for sale on a private placement basis pursuant to available exemptions from the registration or prospectus requirements to investors resident in certain other jurisdictions outside of Canada and the United States; provided it is understood that the Company will not be required to register or make any filings in such jurisdictions.

The Company anticipates certain insiders of the Company may participate in the LIFE Offering. Any participation in the LIFE Offering by insiders constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. However, the Company expects to rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 based on the fact neither the fair market value of the LIFE Shares subscribed for by the insiders, nor the consideration for the LIFE Shares paid by such insiders, would exceed 25% of the Company’s market capitalization as at the date of this press release.

The Company intends to rely upon the exemption set forth in Section 602.1 of the TSX Company Manual in connection with the Offering, which provides that the TSX will not apply its standards to certain transactions involving eligible interlisted issuers on a recognized exchange.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offers, solicitations or sales would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. None of the LIFE Shares will be registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an exemption from registration.

All amounts in this press release are in United States dollars unless otherwise indicated. All foreign exchange calculations set forth in this press release is based on the exchange rate posted by the Bank of Canada on June 9, 2026 of US$1 = C$1.3947.

ADURO CLEAN TECHNOLOGY

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Reliable Processing, Outstanding Pellet Results

For decades, MAAG has set benchmarks in underwater strand pelletizing technology (USG). With the new M²-USG generation, the company introduces a system designed to deliver enhanced process stability, higher throughput, and consistently superior pellet quality. Design improvements combined with advanced sensor integration enable customers to achieve more reliable production and improved operational efficiency.

Focus on Reliability and Product Quality

The new development is engineered to ensure maximum system availability (>99% OEE) and highly stable production processes. Reduced downtime and minimized scrap rates help lower operating costs while improving overall plant profitability.

At the core of the system is the newly developed M²-USG cutting head, designed to simplify operation and maintenance while minimizing the risk of operator error. Maintenance procedures can largely be performed without tools, and cleaning times have been significantly reduced, allowing operators to return to production faster.

From Polymer Melt to Perfect Pellets

MAAG systems are engineered to produce uniform, cylindrical pellets with minimal fines. During the process, the polymer melt passes through a die plate, is cooled and automatically guided into the pelletizer.

Precise control of process parameters is essential. Incorrect settings can cause strand adhesion, unstable cutting conditions, and ultimately production interruptions. The M²-USG addresses these challenges with a series of targeted design optimizations, helping customers maintain stable, efficient, and sustainable production.

Mastering the Critical Startup Phase

The startup phase is often one of the most critical moments in pelletizing operations. During this stage, polymer strands must be reliably transferred into the guide system.

A newly developed scraper combines high operating speed with particularly gentle strand handling. The strands are cut sequentially at the die plate and fed into the strand guide section and the cutting head with a controlled time delay. This significantly reduces the risk of strand sticking, clogging or excessive startup waste, resulting in faster and more reliable process ramp-up.

Seamless Transition for Enhanced Stability

An optimized water film on the startup table prevents turbulence and reduces the risk of strands sticking together. In addition, transport water is injected immediately after cutting, preventing potential blockages inside the cutting head, even when processing high-temperature polymers or challenging materials such as polycarbonate.

The result is smoother machine operation, improved process stability and increased system availability for the customer.

Larger Cutting Rotor for Higher Performance

The new cutting head features a compact and optimized design with improved sound insulation. The rotor diameter has increased from 162.5 mm to 200 mm, while the number of blades has grown from 30 to 36.

This upgrade enables significantly higher throughput while extending service life by 20%. A stable cutting gap ensures consistently high pellet quality and reduces maintenance requirements and spare-part consumption further lowering operating costs.

High Capacity in a Compact Design

The M²-USG is available in machine widths of 600, 900, and 1200 mm. At 600 mm width, the system achieves throughputs of up to 13,000 kg/h (PET), while the 1200 mm version reaches up to 24,000 kg/h – significantly exceeding the performance of previous models.

This higher capacity allows processors to achieve the same output with smaller machine sizes, reducing both capital investment and installation footprint.

Integrated Sensors for Maximum Efficiency

Integrated sensors continuously monitor key parameters such as vibration, temperature, flow rates, and pressure to ensure an optimal production at the sweet spot. Any deviations are immediately detected and reported, also via remote monitoring, helping operators prevent process instability and scrap.

A camera system monitors strand flow, while compressed air consumption is also tracked. In addition, energy-efficient reluctance motors contribute to lower energy consumption and improved sustainability.

Conclusion

With its advanced engineering, improved process stability, and outstanding pellet quality, the new M²-USG sets a new benchmark in underwater pelletizing.

Customers benefit from reduced operating costs, higher throughput, improved efficiency, and integrated sensor technology that ensures maximum process reliability.

In short: The M²-USG demonstrates that even a proven pelletizing system can still be significantly optimized.

MAAG

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Nano101 – Stronger Performance Starts With Better Layers

Building on the success of previous generations of SmartCast stretch film lines, SML has now developed the fourth generation of the SmartCast Infinity, equipped with the latest advancements: a newly developed nanolayer feedblock for 101 layers.

Nanolayer technology is an advanced technology in stretch film production to improve film quality and wrapping application. Nano-layered film gives stretch film incredible performance despite its thickness. While Nano67 is already an established technology for high-end applications on the market, SML now pushes this technology further.

 What makes Nano101 unique?

In close collaboration with Cloeren and drawing on the vast experience and learnings of Nano67, we developed a truly unique piece of equipment. The new nanolayer feedblock was custom-engineered to meet highest requirements. This design differs from every previous solution in three key ways:

• 101 layers – the highest number count ever achieved in stretch film
• Highest percentage of nano-structured film in the total film
• Highest number of extruders – the nanolayer feedblock is fed by eight extruders

 Overall, these features offer higher flexibility to influence film properties. “Nano101 lets us combine a wider range of functional materials, in different sequences and at lower percentages. While the stretch films produced on our machinery already exceed the market requirements for elongation, Nano101 ,” explains Thomas Rauscher, Product Manager at SML.

With Nano101, SML now offers two innovative nanolayer technologies as standard: the time-proven Nano67 and the brand-new Nano101!

SML 

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