Clear Blue Technologies Announces Extension and Renewal of Existing Loan and Convertible Debentures

September 20, 2023

TORONTO, Sept. 20, 2023 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or the “Company”) (TSXV: CBLU) (FRANKFURT: 0YA) (OTCQB:CBUTF), announces that it has concluded a renewal and extension of its loan with BDC Capital. Concurrently, the Company is very pleased to announce that the holders of its 10% convertible debentures issued in Q4 of 2021 have also agreed to renew and amend the terms of the debentures. Together these two items provide a significant improvement in working capital for Clear Blue and further position the company for positive cashflow going forward.

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