CleanGo Innovations Provides An Update To The Previously Released News With Makersoul Non-Binding LOI For Proposed RTO Transaction
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Vancouver, B.C. – January 27th, 2025, - TheNewswire - CleanGo Innovations Inc. (CSE:CGII),(OTC:CLGO.F) ,(FRA:APO2) CleanGo Innovations Inc. (“CleanGo” or the “Company”) CleanGo Innovations today provides an update to the previously announced Non-Binding RTO with MakerSoul on Jan 7, 2025.
CleanGo Innovations, a leader in proprietary green technologies announced earlier this month that they had entered into a Non-Binding LOI with Maker Soul to consider an RTO. After further due diligence, careful consideration and feedback from current investors CleanGo has decided to terminate the RTO offer and explore better suited transactions for both the company and its shareholders.
With a focus on driving sales and expanding the commercial reach of CleanGo’s flagship product, the CG-100, CleanGo Innovations plans to switch its focus in Q1 2025 on growing this part of the business which services both industrial and petroleum related business. The CG-100's innovative features have already started to drive change in both industrial and petroleum market standards, and the Company is committed to scaling up its production to meet the increasing demand.
Anthony Sarvucci CEO stated “We as an emerging company look at all opportunities as they present themselves. We need to consider the economic impact to both the company and our shareholders, listen to our partners and investors before any final decisions are made. Thank you to the shareholders who contacted me to discuss the viability of this deal and the potential impacts. We as a company look forward to a prosperous 2025”
About CleanGo Innovations
CleanGo Innovations Inc. is an international, publicly traded company that specializes in the development of early-staged, green, non-toxic and sustainable products used in retail, commercial and industrial applications.
The company is proud of its suite of proprietary, Green Seal Certified non-toxic green products that are Health Canada approved to claim 99.9% disinfecting of viruses and bacteria on a hard surface. CleanGo’s portfolio is proud to be a part of Cruelty Free / Leaping Bunny as a certified product while being both family and pet safe. It is CleanGo’s mission to create the world’s leading non-toxic, green solutions for the worlds cleaning problems.
CleanGo Innovation’s experienced team brings new ideas and innovation based on science to find solutions to the problems of current world we live in. Customers rely on quality, nontoxic products to keep their homes clean and their loved ones safe.
On behalf of the CEO & Board of Directors
Anthony Sarvucci
Chief Executive Officer
CleanGo Innovations Inc.
For More information Contact:
Phone 1 949 200 6534
Forward-looking Information
This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and U.S. securities legislation. Forward-looking statements can often be identified by words such as “will”, “plans”, “expects”, “may”, “intends”, “anticipates”, “believes”, proposes” or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Actual results could differ from those projected in any forward-looking statements due to numerous factors, including risks and uncertainties relating to general economic, market or business conditions or changes in laws, regulations and policies affecting the Company’s operations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. Any forward-looking statements included in this news release are made as of the date hereof and the Company does not intend to update or revise any forward-looking statements, except as expressly required by law.