Clear Blue Technologies Provides Update to Convertible Debenture Financing and Engages Firm to Drive Social Media Engagement

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Jan 08, 2022

TORONTO, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU), the Smart Off-Grid™ Company, today announces an adjustment to the previously announced issuance of convertible unsecured subordinated debentures in 2021. The Company completed a private placement offering of convertible unsecured subordinated debentures (the “Debentures”) for gross proceeds of C$2,799,000. With the second tranche completed, and cumulative gross proceeds of C$4,334,000 (the “Offering”), the Company still exceeded the cumulative funding target of C$4 million, previously announced on October 29, 2021.