CLEARVUE TECHNOLOGIES LIMITED — Capital/Financing Update 2020

Aug 24, 2020

ASX Announcement – 24 August 2020

ASX Release ǀ ClearVue Technologies Limited (ASX: CPV)

Issue of Placement Shares and Cleansing Notice

Further to the ASX announcement on 14 August 2020, ClearVue Technologies Limited (ASX:CPV) ( ClearVue or the Company ) has today issued 26,973,260 fully paid ordinary shares at $0.095 each to professional and sophisticated investors. A remaining 315,000 fully paid ordinary shares under the Placement, is anticipated to be issued on or about 28 August 2020.

The 26,973,260 shares were issued using the Company’s existing placement capacity available under 7.1 and 7.1A of the ASX Listing Rules, with 16,357,956 fully paid ordinary shares issued under Listing Rule 7.1 and 10,615,304 fully paid ordinary shares issued under Listing Rule 7.1A.

For the purposes of section 708A(6) of the Corporations Act, the Company gives notice under section 708A(5)(e) of the Corporations Act as follows:

• a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

• b) as at the date of this notice the Company has complied with:

  • i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • ii) section 674 of the Corporations Act; and

• c) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

This announcement is authorised for release by the board of ClearVue Technologies Limited:

For further information, please contact:

ClearVue Technologies Limited

Ken Jagger Chief Executive Officer ClearVue Technologies Limited ken@clearvuepv.com P: +61 8 9482 0500

Contact

ClearVue Technologies Limited PO Box 902 , West Perth WA 6872 +618 9482 0500 ClearVue Technologies Limited info@clearvuepv.com www.clearvuepv.com PO Box 902

P +61 8 9482 0500

West Perth WA 6872