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ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2014
Dec 11, 2014
64819_rns_2014-12-11_16d0d6ab-cea9-41a4-b1a9-44c93270fcfc.pdf
Capital/Financing Update
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Friday 12 December 2014
The Manager Company Announcements Office Australian Securities Exchange Level 4 North Tower, Rialto 525 Collins Street Melbourne VIC 3000
Expiry of Unlisted Options
Environmental Clean Technologies Limited (ASX: ESI) advises that 20,000,000 unlisted options issued to Philip Capital Pty Ltd in 2011 and subsequently approved by shareholders at a General Meeting on 27 April 2012, with an exercise price of 5 cents each, will expire at 5pm on 14 December 2014.
Adam Giles Company Secretary
About ECT
ECT is in the business of commercialising leading-edge coal and iron making technologies, which are capable of delivering financial and environmental benefits.
We are focused on advancing a portfolio of technologies, which have significant market potential globally.
ECT’s business plan is to pragmatically commercialise these technologies and secure sustainable, profitable income streams through licencing and other commercial mechanisms.
About Coldry
When applied to lignite and some sub-bituminous coals, the relatively simple Coldry beneficiation process produces a black coal equivalent (BCE) in the form of pellets. Coldry pellets have equal or superior energy value to many black coals and produce lower CO2 emissions than raw lignite.
About MATMOR
The MATMOR process has the potential to revolutionise primary iron making.
MATMOR is a simple, low cost, low emission, production technology, utilising the patented MATMOR retort, which enables the use of cheaper feedstocks to produce primary iron.
Level 7, 530 Little Collins Street, Melbourne Vic, 3000 Australia | Phone +613 9909 7684 | www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX:ESI)