Announcement • Jul 16
CleanGo Innovations Inc. Launches CG-P100 Non-Corrosive Water-Based Bioremediation And Pipeline Cleaning Solution CleanGo Innovations Inc. announced the launch of its newest specialized product line: CG-P100. Formulated for pipeline maintenance, decontamination, and bioremediation within the oil & gas and water desalination sectors, CG-P100 introduces an alternative approach to traditional industrial chemical cleaning. Product delivery and commercial deployment will be managed by the CleanGo Arabia Joint Venture (JV), focusing on infrastructure operations within the Kingdom of Saudi Arabia and the Gulf Cooperation Council region. CG-P100 utilizes a water-based, biodegradable green formulation engineered to minimize chemical wear on assets. Key technical characteristics of CG-P100 include: Interfacial Tension Reduction: Rather than chemically dissolving materials, the formulation operates on a molecular level to alter the interfacial tension between hydrocarbons, organic scaling, and the interior walls of the pipe, allowing blockages to be flushed out. Non-Corrosive Profile: By avoiding free hydronium ions (acids) or caustic bases, the formula maintains a neutral profile intended to safeguard steel, alloy, and composite pipeline materials from chemical degradation. CG-P100 contains a built in corrosion inhibitor helping extend the life of the pipeline to prevent corrosion and build up. Hydrocarbon Separation: In oil transmission lines, CG-P100 is designed to separate oils from water and solids without generating tight chemical emulsions, allowing operators to recover hydrocarbons through standard separation processes. Desalination Infrastructure Compliance: For water desalination workflows, the product targets bio-fouling and organic residue in intake lines without leaving persistent residues that could interfere with reverse osmosis membranes or affect municipal water standards. The entry of CG-P100 into the GCC market aligns with ongoing regional investments in long-term water security and energy transport maintenance. Desalination Demands: Due to structural baseline water scarcity, GCC nations experience "absolute water scarcity," requiring an established reliance on desalination infrastructure. Saudi Arabia alone processes roughly 7 million cubic meters of desalinated water per day, while the broader Saudi water desalination plant equipment market is projected to reach 13 billion by 2032. Maintaining these intake networks without introducing corrosive agents remains an operational priority. Energy Logistics Maintenance: The GCC manages extensive networks of crude oil and refined product pipelines that require consistent cleaning to manage paraffin, sludge, and scale accumulation. Announcement • Jul 15
CleanGo Innovations Inc., Annual General Meeting, Sep 14, 2026 CleanGo Innovations Inc., Annual General Meeting, Sep 14, 2026. New Risk • Apr 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$190k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$190k free cash flow). Negative equity (-CA$996k). Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (CA$152k revenue, or US$110k). Market cap is less than US$10m (CA$5.60m market cap, or US$4.08m). 
