Clara Technologies Clarifies Disclosures at the Request of the BCSC
Further to the Company's news release dated July 7, 2025, the Company would like to clarify that the Australian software firm that the Company has engaged for a 14-month strategic development relationship focused on building out the Company's Sales Buddi platform is Code Heroes Pty Ltd.
In the same press release, the Company also stated that its Sales Buddi mobile application (" Sales Buddi") is now available on the Apple App Store and Google Play Store. The Company considers the initial user adoption and technical performance of Sales Buddi encouraging given there has been minimal technical issues and functionality disruptions and the absence of any formal marketing or promotion of the app to date. The Company has not yet initiated any sales or marketing activities for Sales Buddi.
The Company also wishes to clarify its recent press releases which refer to Sales Buddi as an "artificial-intelligence-powered mobile sales coaching platform", "Quantum AI Sales platform", "AI-powered" and "quantum enhanced AI". The current version of Sales Buddi incorporates artificial-intelligence technology but not quantum computing. Quantum computing is still generally being developed and is therefore not yet incorporated in Sales Buddi. Once commercially viable, Sales Buddi plans to incorporate quantum computing to improve its speed and efficiency.
The BCSC made the Company aware of two electronic articles (the " Articles") published by Guardian Globe entitled " Here is Why This Quantum Computing Stock Could Surge 300%"; and (2) an article from Global Gazette on June 28 entitled " Quantum Gold Rush: One Under-the-Radar Tech Stock That Can Leap 300%".
Prior to receiving copies of the Articles from the BCSC, the Company was unaware of these Articles.
The Articles included speculative statements and failed to include important disclosures including, but not limited to, risk factors and forward-looking statements typically provided in the Company's official materials and that the Company's app Sales Buddi does not include quantum computing. The Company believes that the Articles may be misleading to investors and disclaims any responsibility for their content, creation, or distribution.
To the best of the Company's knowledge, no officers, or directors of the Company, and none of its service providers were involved, directly or indirectly, in the creation, dissemination or payment for the Articles. The Company strongly discourages reliance on any third-party materials that are not sourced from official disclosures filed on SEDAR+ (www.sedarplus.ca) or issued via authorized newswire distribution channels. Investors are encouraged to consult licensed investment professionals and to rely only on the Company's official filings and news releases when making investment decisions.
To date, the Company has not engaged in any promotional, marketing or investor relations activities.
For more information about Clara Technologies Corp. and Sales Buddi, please visit https://claratech.ca.
On Behalf of the Board of Directors of Clara Technologies Corp.:
Gerald Tritt
Director
(604) 671-4799
[email protected]
Forward-Looking Statements; Disclaimers:
This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future. Forward-looking statements in this news release include, but are not limited to the strategic development relationship with Code Heroes Pty Ltd., the performance, adoption and development of Sales Buddi, the incorporation and advancement of artificial intelligence or quantum computing technologies into Sales Buddi, the Company's business strategy and growth prospects. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. No assurances can be made that the Sales Buddi product will generate revenue for the Company. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forward ‐ looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
15 hours ago
- Cision Canada
Lotto Max - The $70 million jackpot was won in Québec Français
MONTRÉAL, July 12, 2025 /CNW/ - Last night's $70 million Lotto Max jackpot was won by the holders of 2 selections sold in Québec. The holders of these winning selections each won $35 million "This is the second time in a couple of weeks that the Lotto Max jackpot has been won here. What luck for Quebecers!" points out Isabelle Jean, Executive Vice-President and Chief Operating Officer of Lottery Games at Loto-Québec. The next Lotto Max draw will be held on Tuesday, July 15 and will offer an estimated $19 million jackpot. Draw results are available online at About Loto-Québec Loto-Québec has been delivering entertainment to Quebecers for over 50 years, and its operations benefit Québec as a whole. Last year, the corporation paid out almost $1.8 billion in prizes to winners across Québec. Major prize winners are listed on the Winners page in the Lotteries section of Read their stories. The responsible commercialization of lottery and gaming products is central to Loto-Québec's operations. The corporation has been granted the highest internationally recognized certification in responsible gaming by the World Lottery Association.
Cision Canada
18 hours ago
- Cision Canada
Graphene Manufacturing Group Ltd. Announces Agreement for At-The-Market Offering
BRISBANE, Australia, /CNW/ - Graphene Manufacturing Group Ltd. (TSXV: GMG) OTCQX: GMGMF) (" GMG" or the " Company") is pleased to announce that it has entered into an equity distribution agreement dated July 11, 2025 (the " Distribution Agreement") with Cantor Fitzgerald Canada Corporation (the " Agent"). Pursuant to the Distribution Agreement, the Company will be entitled, at its discretion and from time-to-time during the term of the Distribution Agreement, to sell, through the Agent, such number of ordinary shares of the Company (the " Ordinary Shares") that would result in aggregate gross proceeds to the Company of up to C$20 million (the " Offering" or " ATM Facility"). Sales of the Ordinary Shares, if any, will be made in "at the market distributions", as defined in National Instrument 44-102 – Shelf Distributions, directly on the TSX Venture Exchange (the " TSXV") or on any other existing trading market in Canada. No offers or sales of Ordinary Shares will be made on any exchange or quotation system outside of Canada. The Company will pay the Agent a fee equal to 3.0% of the gross proceeds from any sales of Ordinary Shares under the Offering as compensation for its services in acting as agent in connection with the sale of Ordinary Shares pursuant to the terms of the Distribution Agreement. Net proceeds from the ATM Facility, if any, will be used to fund ongoing operations including, but not limited to, commercial development, product development and working capital. The ATM Facility will be effective until the earlier of (i) the issuance and sale of an aggregate amount of C$20,000,000 of Ordinary Shares through the Agent; and (ii) April 10, 2027, unless earlier terminated prior to such date by the Company or the Agent. The Offering will be made by way of a prospectus supplement dated July 11, 2025 (the " Prospectus Supplement") to the Company's final short form base shelf prospectus dated March 7, 2025 filed with the securities regulatory authorities in each of the provinces and territories of Canada (together with the Prospectus Supplement, the " Offering Documents"). The Prospectus Supplement will be filed with each of the provincial securities commissions in Canada. The Offering Documents will contain important detailed information about the securities being offered. Before you invest, you should read the Offering Documents and the documents incorporated therein for more complete information about the Company and the Offering. Copies of the Distribution Agreement and the Offering Documents will be available for free by visiting the Company's profile on SEDAR+ at An electronic or paper copy of the Prospectus Supplement, the corresponding base shelf prospectus and any amendment to the documents may be obtained, without charge, from Cantor Fitzgerald Canada Corporation, 181 University Ave, Suite 1500, Toronto, ON M5H 3M7 or by telephone at (416)-350-1203 by providing the contact with an email address or address, as applicable. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities described in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act"), or under any U.S. state securities laws, and may not be offered, sold, directly or indirectly, or delivered within the "United States" or to, or for the account or benefit of, persons in the "United States" or "U.S. persons" (as such terms are defined in Regulation S under the U.S. Securities Act) except in certain transactions exempt from the registration requirements of the U.S. Securities Act and all applicable U.S. state securities laws. About GMG: GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (" HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (" G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries. GMG's 4 critical business objectives are: Produce Graphene and Improve/Scale Cell Production Processes Build Revenue from Energy Savings Products Develop Next-Generation Battery Develop Supply Chain, Partners & Project Execution Capability Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the Company's proposed business plans, expectations regarding the sale of Ordinary Shares under the ATM Facility, the proceeds from the ATM Facility, and the Company's proposed use of the proceeds from the ATM Facility. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, expectations and assumptions concerning the business objectives of the Company; the Company's ability to carry out current planned capital projects, research and development, manufacturing, production, sales and marketing programs for its graphene and graphene-enhanced products and solutions; that the Company will receive the necessary regulatory approvals for the ATM Facility; use the proceeds from the ATM Facility as anticipated; the Company's performance and general business and economic conditions. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the risk that the Company is not able to use the proceeds from the ATM Facility as anticipated by management; the risk that the Company does not receive the requisite regulatory approvals for the ATM Facility; overall economic conditions; technical de-risking and market acceptance for the Company's products and solutions; the introduction of competing technologies or products; stock market volatility; environmental and regulatory requirements; competitive pressures; change in market conditions and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied in these forward looking statements; the volatility of global capital markets; political instability; the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel; unexpected development and production challenges; unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. SOURCE Graphene Manufacturing Group Ltd.
Cision Canada
19 hours ago
- Cision Canada
Clara Technologies Clarifies Disclosures at the Request of the BCSC
VANCOUVER, BC, July 11, 2025 /CNW/ - Clara Technologies Corp. (the " Company") (CSE: CLTE) (WKN: A3E4MS) announces today that at the request of the British Columbia Securities Commission (the " BCSC"), the Company wishes to clarify statements made in its July 7 news release and warn investors about unrelated third-party promotional activities. Further to the Company's news release dated July 7, 2025, the Company would like to clarify that the Australian software firm that the Company has engaged for a 14-month strategic development relationship focused on building out the Company's Sales Buddi platform is Code Heroes Pty Ltd. In the same press release, the Company also stated that its Sales Buddi mobile application (" Sales Buddi") is now available on the Apple App Store and Google Play Store. The Company considers the initial user adoption and technical performance of Sales Buddi encouraging given there has been minimal technical issues and functionality disruptions and the absence of any formal marketing or promotion of the app to date. The Company has not yet initiated any sales or marketing activities for Sales Buddi. The Company also wishes to clarify its recent press releases which refer to Sales Buddi as an "artificial-intelligence-powered mobile sales coaching platform", "Quantum AI Sales platform", "AI-powered" and "quantum enhanced AI". The current version of Sales Buddi incorporates artificial-intelligence technology but not quantum computing. Quantum computing is still generally being developed and is therefore not yet incorporated in Sales Buddi. Once commercially viable, Sales Buddi plans to incorporate quantum computing to improve its speed and efficiency. The BCSC made the Company aware of two electronic articles (the " Articles") published by Guardian Globe entitled " Here is Why This Quantum Computing Stock Could Surge 300%"; and (2) an article from Global Gazette on June 28 entitled " Quantum Gold Rush: One Under-the-Radar Tech Stock That Can Leap 300%". Prior to receiving copies of the Articles from the BCSC, the Company was unaware of these Articles. The Articles included speculative statements and failed to include important disclosures including, but not limited to, risk factors and forward-looking statements typically provided in the Company's official materials and that the Company's app Sales Buddi does not include quantum computing. The Company believes that the Articles may be misleading to investors and disclaims any responsibility for their content, creation, or distribution. To the best of the Company's knowledge, no officers, or directors of the Company, and none of its service providers were involved, directly or indirectly, in the creation, dissemination or payment for the Articles. The Company strongly discourages reliance on any third-party materials that are not sourced from official disclosures filed on SEDAR+ ( or issued via authorized newswire distribution channels. Investors are encouraged to consult licensed investment professionals and to rely only on the Company's official filings and news releases when making investment decisions. To date, the Company has not engaged in any promotional, marketing or investor relations activities. For more information about Clara Technologies Corp. and Sales Buddi, please visit On Behalf of the Board of Directors of Clara Technologies Corp.: Gerald Tritt Director (604) 671-4799 [email protected] Forward-Looking Statements; Disclaimers: This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future. Forward-looking statements in this news release include, but are not limited to the strategic development relationship with Code Heroes Pty Ltd., the performance, adoption and development of Sales Buddi, the incorporation and advancement of artificial intelligence or quantum computing technologies into Sales Buddi, the Company's business strategy and growth prospects. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. No assurances can be made that the Sales Buddi product will generate revenue for the Company. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forward ‐ looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
