Clear Blue Technologies Announces Closing of Shares for Debt Settlement and Private Placement

TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA) (OTCQB: CBUTF) (“CBLU” or the “Company”) is pleased to announce that further to its news release dated December 27, 2024, the Company has completed its previously announced shares for debt transaction (the “Shares for Debt Transaction”) and has settled an aggregate amount of approximately $8.77 million of debt into equity of the Company, as well as completed its non-brokered private placement unit offering for approximately $1.575 million (the “Private Placement”).

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