News & Insights

Anwar brings global financial leadership and public company experience to Clear Blue, to help with their growth in the global marketplace Monday, December 20, 2020, Toronto, ON – Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, is pleased to announce the appointment of Farrukh Anwar as its Chief Financial Officer (CFO). Mr. Anwar will be replacing Paul Kania, who has served as the interim Chief Financial Officer since June of 2019. In this role, Mr. Anwar will be responsible for overseeing all financial aspects of the company, while assisting the board of directors on strategic and tactical matters relating to global operations, project-based financing, future M&A activities, and growth financing.

TORONTO, ON – December 14, 2020 – Clear Blue Technologies International Inc. (the “Company” or “Clear Blue”) (TSXV:CBLU) (Frankfurt:0YA) is pleased to announce that it has upsized its previously announced brokered private placement for gross proceeds of approximately CAD$3,000,000 (the “Initial Offering”). The Company has upsized the Initial Offering to gross proceeds of up to approximately CAD$4,350,000 to accommodate investor demand (the “Offering”). Echelon Wealth Partners Inc. (the “Agent”) will act as Agent and sole bookrunner for the Offering.

TORONTO, ON – December 7, 2020 – Clear Blue Technologies International Inc. (the “Company” or “Clear Blue”) (TSXV:CBLU) (Frankfurt:0YA) is pleased to announce a brokered private placement for gross proceeds of up to approximately CAD$3,000,000 (the “Offering”). Echelon Wealth Partners Inc. (the “Agent”) will act as Agent and sole bookrunner for the Offering.

80 lights to service the Parkway in the 6th Ward had a total contract value of CAD 650K, which includes annual recurring revenues for the next three years   November 27, 2020, TORONTO, ON — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces it has delivered over 80 Illumient Smart Off-Grid power systems to help light a two-mile stretch of a major highway in the City of Allentown, Pennsylvania. The project is being undertaken in partnership with Clear Blue’s long-term regional partner, Metro-Tech Sales & Consulting, Inc. (“Metro-Tech”), offering a total contract value of $650,000 to Clear Blue, including $95,000 in annual revenue for the next three years from Energy-as-a-Service (EaaS), for a total of $285,000 in recurring revenues, with gross margins in line with what the Company has historically reported.

Revenue of $940,849, Gross Margin 40%, negative EBITDA of $796,293. November 18, 2020, TORONTO, ON — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces its 2020 third quarter and trailing four quarter (“TFQ”) period results, with the following highlights:

One of the world’s leading telecommunications infrastructure operators selects Smart Off-Grid Power Systems to power an initial 400 towers in Africa. November 17, 2020, TORONTO, ON —  Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ company, today announces that a major innovative telecom infrastructure operator selected Clear Blue to power 400 telecommunications sites in rural Africa. The initial order of Smart Off-Grid Power Systems is worth approximately $5 million CAD in revenue to Clear Blue during Q4 2020 and Q1 2021, with gross margins in line with what the Company has historically reported.

TORONTO, November 11, 2020 – Clear Blue Technologies International Inc. (‘Clear Blue’ or the ‘Company’) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today announced that it will report financial results for its third quarter of fiscal 2020 on Wednesday, November 18, 2020, before the market opens. Clear Blue will host a conference call that same day, at 1:30 p.m. Eastern Time, to review the Company’s performance and answer questions. Those interested can register at: https://zoom.us/webinar/register/WN_40QuWVqfRsetC6-8HHTLKQ

State-wide initiative to reduce traffic accidents through clean tech Smart Off-Grid lighting TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) – Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU), the Smart Off-Grid™ company, has completed four additional phases to bring the total to 7 phases of regional installations of its Illumient cleantech Smart Off-Grid lighting at rural intersections in North Dakota for the Department of Transport (DOT). As part of an initiative to reduce traffic accidents in the state, Clear Blue expects to have all lighting systems up and running by the end of 2020, illuminating over 100 rural intersections.

Multi-year contract valued at approximately C$1.45M; Phase 1 will commence delivery in Q4 2020. October 28, 2020, Toronto, ON – Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: 0YA) (‘Clear Blue’), a provider of Smart Off-Grid power solutions for telecom, today announces an agreement with NuRAN Wireless Inc. (‘NuRAN’), a leading supplier of mobile and broadband wireless infrastructure solutions. NuRAN and Clear Blue will provide Rural Telecommunications systems and ongoing operational services in Cameroon to Orange S.A. (NYSE: ORAN), one of the world’s largest mobile network operators.

Continuing to build beautiful communities and solve grid problems, major Toronto arteries – Bloor Street West and Koreatown, the Kingsway area, and the Beltline at Yonge all benefit from resilient Smart Off-Grid Solar Lighting.   October 22, 2020, Toronto, ON Clear Blue Technologies International Inc. (TSXV: CBLU) (‘Clear Blue’) has completed a critical project with the Kingsway Business Improvement Association (BIA) and the City of Toronto to install Illumient Smart Off-Grid lighting in Toronto.  This project marks Clear Blue’s fifth project with Toronto BIAs as Clear Blue continues to prove Smart Off-Grid is the best solution for mission critical infrastructure.