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LONDON, Ontario, March 25, 2026 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), 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 21st century, today announced that it has entered into an agreement (the “Agreement”) with Water Tower Research LLC (“WTR”), an institutional research and investor engagement firm to provide comprehensive research coverage and strategic investor engagement services to support Aduro’s growth objectives and enhance visibility within the institutional investment community.
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Under the terms of the Agreement, WTR will provide research and capital markets communications services to the Company for an initial term of six months beginning April 1, 2026. The services provided to the Company include the production of content, including research reports distributed through WTR’s proprietary digital delivery infrastructure and digital and marketing channels. In consideration for the services to be provided by WTR, the Company has agreed to pay an aggregate cash fee of US$39,000 (plus any applicable taxes), payable upon the execution of the Agreement. The Company may renew the Agreement for a subsequent six-month period (the “Renewal Term”) at any time after August 31, 2026, by providing a written notice of intent to renew (the “Notice”) to WTR, which Renewal Term will be effective as of September 30, 2026. If the Company provides the Notice to WTR, the Company will pay to WTR an aggregate cash fee of US$48,000 (plus applicable taxes) in consideration for the services provided during the Renewal Term.
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WTR is arm’s length to the Company and does not own any securities of Aduro as of the date of this release; however, WTR may acquire an interest in the securities of the Company in the future. Other than the engagement for research and capital markets communications services described herein, WTR has no other relationship with the Company. No performance-based compensation or securities are being granted in connection with the engagement of WTR.
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The engagement of WTR is aimed to increase the visibility of Aduro’s developing technologies in the United States and internationally.
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About Water Tower Research LLC
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Water Tower Research is an investor engagement and research-driven communications firm focused on modernizing investor engagement. The firm provides open-access, institutional-quality research, along with strategic investor engagement services, including events and digital distribution, to facilitate effective communication between companies and the investment community. For more information, visit www.watertowerresearch.com
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About Aduro Clean Technologies
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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 Hydrochemolytic™ 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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