Clear Blue Technologies Announces Extension of Warrant Expiry

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA) (OTCQB: CBUTF) is pleased to announce it has extended the expiry date of an aggregate of 9,666,336 previously issued common share purchase warrants (the “Warrants”).

5,822,554 Warrants were originally issued by the Company on April 29, 2022 at an exercise price of $0.22 per common share and were to expire on April 29, 2024. 5,822,554 Warrants have been extended to April 29, 2025. The exercise price of the 5,822,554 Warrants will remain unchanged.

3,843,782 Warrants were originally issued by the Company on May 20, 2022 at an exercise price of $0.22 per common share and were to expire on May 20, 2024. 3,843,782 Warrants have been extended to May 20, 2025. The exercise price of the 3,843,782 Warrants will remain unchanged.

The Proposed amendment of the Warrants is subject to TSXV approval.

For more information, contact:

Miriam Tuerk, Co-Founder and CEO
[phone]
[e-mail]
www.clearbluetechnologies.com/en/investors

Nikhil Thadani, Sophic Capital
[phone]
[e-mail]

About Clear Blue Technologies International 

Clear Blue Technologies International, the Smart Off-Grid company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems. Today, Clear Blue has thousands of systems under management across 37 countries, including the U.S. and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF)  

Legal Disclaimer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.