News & Insights

TORONTO, ONTARIO–(GlobeNewswire – November 4, 2019) -Clear Blue Technologies International Inc. (TSXV: CBLU) (the “Company”) is pleased to announce that it has closed its private placement offering (the “Offering”) of convertible unsecured subordinate debentures (the “Debentures”) for gross proceeds of $811,000. Additional details relating to the Offering are described in the Company’s press release dated October 22, 2019. 

Clear Blue Technologies today announced that Ameresco Solar, a solar distribution company, will distribute Clear Blue’s Smart Off-Grid systems in the North American market as a part of its off-grid solar solutions.

Clear Blue Technologies International Inc. (TSXV: CBLU) (the “Company”) is pleased to announce a private placement offering in the aggregate principal amount of up to $600,000 of convertible unsecured subordinated debentures (each, a “Debenture”) at a price of $100 per Debenture (the “Offering”).

Clear Blue Technologies, the Smart Off-Grid company in clean managed wireless power, today announced an agreement with NuRAN Wireless (CNSX: NUR.CN) for 50 Smart Off-Grid power systems that will support the installation of enhanced mobile connectivity services in the Marshall Islands

Clear Blue Technologies announced today the launch of its expanded next generation power products. The new Smart Off-Grid VS controller, along with two new smart power products, raises the bar in delivering the key control and management technology required for mission-critical, large-scale rollouts in telecom, Smart City, and IoT nano-grid applications.

Clear Blue Technologies today announced its Smart Off-Grid technology will be used to power new telecom systems in support of voice and data services from 9mobile, a fast-growing communications provider in Nigeria.

Clear Blue Technologies International Inc., the Smart Off-Grid™ company, announces that the Board of Directors has approved the grant of 487,002 incentive stock options.

Clear Blue Technologies International Announces Q2 2019 Financial Results – “Our trailing four quarters results reflect the typical lower revenue generated in the first half of most years, however we are pleased with the significant improvement in trailing four quarter gross margin and gross margin percentage which reflect our efforts to drive profitability for the Company. We have increased inventory year over year in anticipation of the trend repeating in 2019. Most importantly, we are beginning to see results for our push into the telecom marketplace in Africa and South America where conversion of even one of our pilot projects into a full rollout would be transformative for the Company. Because these are large, very visible public projects where we bid with multiple partners, we have provided guidance on the scale and timing of potential opportunities. While there can be no assurance we will win one of these projects and it will be 2020 before successful bidders are selected and achieve rollout, we are encouraged to have delivered 8 Proof of Concept projects and 3 First Installs, representing a total of 146 systems to date” said Miriam Tuerk

Clear Blue Technologies today announced that it will report financial results for its second quarter of fiscal 2019 on Wednesday, August 28, 2019, before the market opens. Clear Blue will host a conference call that same day, at 12:00 p.m. Eastern Time, to review the company’s performance and answer questions.

Clear Blue Technologies today announced the departure of Chief Financial Officer, Lawrence Tjan, from the Company. Paul Kania, CPA, will serve as the interim Chief Financial Officer with immediate effect.