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ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2012
Jun 18, 2012
64819_rns_2012-06-18_5a4ec25f-2f80-4f2b-8bd5-a33aeeff0a75.pdf
Capital/Financing Update
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Appendix 3B New issue announcement
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement, application for quotation of additional securities and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.
Name of entity
Environmental Clean Technologies Limited
ABN
28 009 120 405
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
| 1 +Class of+securities issued or to be issued 2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) |
1. Ordinary Shares (ASX Code: ESI) 2. Listed Options (ASX code: ESIO) |
|---|---|
| 1. 33,333,334 Ordinary Shares 2. 22,222,223 Listed Options |
|
| 1. Fully Paid Ordinary Shares ranking equally with existing Ordinary Shares 2. Listed Options exercisable at 2.0¢ on or before 16 January 2014 |
- See chapter 19 for defined terms.
24/10/2005 Appendix 3B Page 1
Appendix 3B New issue announcement
4 Do the[+] securities rank equally in all Yes, the New Shares and New Options will respects from the date of allotment rank equally with the existing ESI securities. with an existing[+] class of quoted +securities?
-
If the additional securities do not rank equally, please state: the date from which they do the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
-
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
$700,000
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5 Issue price or consideration $700,000 6 Purpose of the issue Fund the exploration program EL5119 advised (If issued as consideration for the 23 May 2012 and provide additional working acquisition of assets, clearly identify capital. those assets)
-
7 Dates of entering[+] securities into 21 June 2012 uncertificated holdings or despatch of certificates
| 8 Number and +class of all +securities quoted on ASX (_including_the securities in clause 2 if applicable) |
Number | +Class |
|---|---|---|
| 1,571,593,752 831,760,303 |
Ordinary shares (ESI) Listed Options exercisable at approximately 2.0¢ on or before 16 January 2014(ESIO) |
- See chapter 19 for defined terms.
24/10/2005
Appendix 3B Page 2
Appendix 3B New issue announcement
Number +Class 9 Number and[+] class of all 20,000,000 Unlisted options exercisable at 5.0 cents +securities not quoted on each and expiring on 14 December 2014 ASX ( including the securities in clause 2 if applicable)
10 Dividend policy (in the case of a None trust, distribution policy) on the increased capital (interests)
Part 2 - Bonus issue or pro rata issue
Not applicable
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34 Type of securities ( tick one ) (a)[Securities described in Part 1 ]
(b)[All other securities ]
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have ticked box 34(a)
NOT A NEW CLASS OF SECURITIES TO BE LISTED AND BOX 34(b) NOT TICKED SO QUESTIONS 35 to 42 NOT APPLICABLE
- See chapter 19 for defined terms.
24/10/2005 Appendix 3B Page 3
Appendix 3B New issue announcement
Quotation agreement
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1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.
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2 We warrant the following to ASX.
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The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.
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There is no reason why those[+] securities should not be granted[+] quotation.
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An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
-
Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.
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If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.
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3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
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4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.
Sign here: Company secretary Date: 19[th] June 2012 Print name: John Osborne
- See chapter 19 for defined terms.
24/10/2005
Appendix 3B Page 4