Clara Technologies Corp. Announces Chief Financial Officer Transition and Adoption of Stock Option Plan

Vancouver, British Columbia–(Newsfile Corp. – April 24, 2025) – Clara Technologies Corp. (CSE: CLTE) (the “Company“) announces today that effective April 1, 2025, Yuliia Baranets resigns as Chief Financial Officer and Director of the Company and Kirill Samokhin has been appointed as Chief Financial Officer of the Company.

The board of directors and management of the Company want to sincerely thank Yuliia for her dedication and service as a director and wish her all the best in her future endeavors.

As Chief Financial Officer, Kirill Samokhin is responsible for the Company’s financial function, including accounting, audit, treasury and corporate finance. He has over 15 years of finance, international accounting, tax and risk management experience. As an independent contractor, Mr. Samokhin brings experience in the technology, mining, construction and non-profit sector. Mr. Samokhin also serves as a CFO for Auric Minerals Corp. – a mineral exploration company. Mr. Samokhin is a Chartered Professional Accountant and holds a Bachelor Degree of Commerce from the University of Toronto.

The Company is also announcing the adoption of a 10% rolling stock option plan governing the issuance of incentive stock options. The Company will seek ratification of the stock option plan at the next shareholder meeting.

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. 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. 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. There can be no guarantee that the acquisition of HSCPL will be completed.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249740