Northwire Canada EditionMonday, July 13, 2026
Northwire
BMM 3.80 +0.0% CGD 0.510 −10.5% OCG 0.275 −1.8% CAMB 0.990 −1.0% HMR 0.610 −1.6% GOFL 0.025 +0.0% SIG 1.02 −1.0% SGQ 0.300 +0.0% AMCO 0.220 −12.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.400 +0.0% LIB 0.790 −13.2% SMY 0.290 +23.4% SAG 1.02 +0.0% NTH 0.165 +0.0% BMM 3.80 +0.0% CGD 0.510 −10.5% OCG 0.275 −1.8% CAMB 0.990 −1.0% HMR 0.610 −1.6% GOFL 0.025 +0.0% SIG 1.02 −1.0% SGQ 0.300 +0.0% AMCO 0.220 −12.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.400 +0.0% LIB 0.790 −13.2% SMY 0.290 +23.4% SAG 1.02 +0.0% NTH 0.165 +0.0%
Financings

Cleango rehashes news from last six months

CGII · Price

Executive Summary

  • Cleango Innovations announced a landmark agreement with WSR Services Ltd. to launch eco‑friendly vessel maintenance solutions (Cleango Marine) in the Mediterranean.
  • The company disclosed intent to acquire Italian pharmaceutical firm Freia Farmaceutici Srl and filed for FDA foreign registration of its therapeutics.
  • Debt settlement agreements were executed via share issuances, preserving cash for ongoing global operations and integration of the Freia acquisition.

Key Details

  • Cyprus Mediterranean launch (Feb 2026): Agreement with WSR Services Ltd. to provide exclusive, biodegradable vessel maintenance solutions under the Cleango Marine brand.
  • South American entry (Jan 2026): First shipment of 6,000 L of cleaning product dispatched to Indioquimica S.A., marking market entry in Argentina’s oil, gas and heavy‑industrial sectors.
  • Saudi Arabia operations (Aug 2025): Formation of Cleango Arabia Ltd., a joint venture with Sanad Industrial Co./EROG Holdings to localize manufacturing for desalination plants and oil‑field remediation.
  • Pharma acquisition intent (Dec 2025): Plan to acquire Freia Farmaceutici Srl (Italy), which reported €3.8 M revenue in 2025; FDA foreign registration filed for U.S. market entry of its therapeutics.
  • MycoSet launch (Jan 2026): Introduction of a fungal‑based remediation suite following acquisition of a 49% stake in AgritechBC Solutions.
  • Agritech B.C. joint venture (Oct 2025): Strategic partnership to target the multibillion‑dollar environmental remediation market using proprietary bio‑technologies.
  • Product innovation – Cleango Marine CG‑M100 (Sep 2025): New marine‑grade cleaning solution received “Think Clean Oceans” Innovators Award for non‑toxic, biodegradable performance.
  • Debt settlement (Feb 2026): Executed agreements to settle outstanding debt through issuance of shares, conserving cash for global expansion and integration of the Freia Farmaceutici acquisition.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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