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ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2019
Nov 13, 2019
64819_rns_2019-11-13_5404cd53-31a7-4d46-94b2-90a571057c75.pdf
Capital/Financing Update
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Supplementary Prospectus
14 November 2019: Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) is pleased to provide the following supplementary prospectus.
The purpose of this supplementary prospectus is to inform shareholders of additional information required by ASIC subsequent to the lodgement of the original prospectus, dated 29 October 2019.
Specifically:
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The addition of patent status information in a concise format
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Update the market prices in section 3.14 of the prospectus;
-
Update the effect on control of the Company by the Lenders in section 5.6 of the prospectus;
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Update the dilution calculations set out in section 5.7
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Updated to applcaiton details as set out in section 6; and
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Provide a new Application Form in respect of the Supplementary Prospetcus.
Shareholders will note the patent information contained within the supplementary prospectus is consistent with previous Company announcements made over time and publicly available patent data.
This supplementary prospectus should be read together with the original prospectus.
This supplementary prospectus will be issued with the prospectus as an electronic prospectus, copies of which can be downloaded from the website of the Company at www.ectltd.com.au. The Company will also send a copy of this supplementary prospectus to all existing applicants who have subscribed for shares in the the offer up to the date of this supplementary prospectus.
For further information, contact:
Glenn Fozard – Chairman [email protected]
About ECT
ECT is in the business of commercialising leading-edge energy and resource 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 licensing and other commercial mechanisms.
About Coldry
When applied to lignite and some sub-bituminous coals, the 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 HydroMOR
The HydroMOR process has the potential to revolutionise primary iron making.
HydroMOR is a simple, low cost, low emission, hydrogen-driven technology which enables the use of ‘low value’ feedstocks to produce primary iron.
5790901_1
388 Punt Road, South Yarra, VIC 3141 Australia | Phone +613 9849 6203| www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX:ECT)
About COHgen
The COHgen process has the potential to deliver a lower cost, lower emission method for hydrogen production from brown coal.
COHgen is currently advancing through fundamental laboratory development to inform its patent application ahead of scale up and commercialisation.
About CDP-WTE
The catalytic depolymerisation-based waste-to-energy process converts ‘low-value’ resources into higher-value diesel and other valuable by-products.
CDP-WTE can be deployed as a standalone solution or integrated with the Coldry process to deliver higher-value, lower-emission energy solutions to lignite resource owners.
Areas covered in this announcement:
| ECT (ASX:ECT) |
ECT Finance |
ECT India | Aust. Projects |
R&D | HVTF | Business Develop. |
Sales |
|---|---|---|---|---|---|---|---|
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5790901_1
SUPPLEMENTARY PROSPECTUS
ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED ACN 009 120 405
1. IMPORTANT INFORMATION
This is a supplementary prospectus ( Supplementary Prospectus ) which supplements the replacement prospectus dated 4 November 2019 ( Prospectus ) issued by Environmental Clean Technologies Ltd ACN 009 120 405 ( Company ).
This Supplementary Prospectus is dated 14 November 2019 and was lodged with ASIC on that date. ASIC, ASX and their respective officers take no responsibility for the contents of this Supplementary Prospectus.
This Supplementary Prospectus should be read together with the Prospectus. Other than as set out below, all details in relation to the Prospectus remain unchanged. Terms and abbreviations defined in the Prospectus have the same meaning when used in this Supplementary Prospectus. If there is a conflict between the Prospectus and this Supplementary Prospectus, this Supplementary Prospectus will prevail.
This Supplementary Prospectus will be issued with the Prospectus as an electronic prospectus, copies of which can be downloaded from the website of the Company at www.ectltd.com.au.
This is an important document and should be read in its entirety. If you do not understand it, you should consult your professional advisors without delay.
2. PURPOSE OF THIS DOCUMENT
The purpose of this Supplementary Prospectus is to:
Provide investors with additional information in relation to the Company’s patents;
Update:
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The market prices of the existing shares on ASX of the Company in section 3.14 of the Prospectus;
-
The effect on control of the Company by the Lenders in section 5.6 of the Prospectus;
-
The dilution calculations set out in section 5.7
Offer to refund Applications received to date under the Offer; and
Provide a new Application Form in respect of the Offer.
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3. INCLUSION OF INFORMATION ABOUT THE COMPANY’S PATENTS
By this Supplementary Prospectus, a summary of the Company’s patents is provided by inserting new section 3.1 to the Prospectus as follows:
3.1 The Company’s patents
The key details of these patents are summarised in the table below:
| Name / Title | MATMOR - PROCESS FOR REDUCTION OF METAL OXIDE TO METAL AND APPARATUS AND COMPOSITE FOR USE IN THE PROCESS |
|---|---|
| Status | Expired |
| Process Requirements |
None |
| Description | A process for the reduction of metal oxide fines to a metal containing product, the process including the steps of: a) mixing a carbonaceous material with said metal oxide fines and, optionally, a binder and/or water, to produce a cohesive mass; b) compacting the cohesive mass to produce a composite body; c) drying the composite body; d) heating the composite body in a reducing atmosphere at a temperature and for a time sufficient to form a reductant from said carbonaceous material which reduces a predetermined amount of the metal oxide to the metal; e) contacting the hot, reduced composite body from step with an oxygen containing gas to combust a sufficient quantity of the carbonaceous material so as to raise the temperature of the body to the melting temperature of the metal, and thereby form a molten metal containing phase; and f) cooling the molten metal containing phase to produce said metal containing product. The invention also provides a composite and apparatus for use in the process of the invention. |
| Tech Acquisition date |
4th December 2014 |
| Ownership / Entitlement |
100% Owned - Environmental Clean Technologies Limited |
| Patent Details | Australian Application Number: 42254/96 Serial Number: 703821 |
| Important Dates |
Filing Date: 30.01.1996 Effective Date of the Patent: 30.01.1996 Priority Date: 31.01.1995*** |
| Expiry Date | 30.01.2016 |
| Patent Attorneys |
ROBERTS, Mark, K. ; Davies Collison Cave 1 Nicholson Street Melbourne, Victoria 3000, AU |
| Jurisdiction | Australia |
| Challenges | None |
2
| Name / Title | COLDRY - DRYER, DRYING METHOD AND DRYING PLANT |
|---|---|
| Status | Granted |
| Process Requirements |
None |
| Description | The invention provides a dryer for drying particulate material, comprising at least one substantially vertical elongate container having an upper inlet (56a, 56b) for receiving a charge of moisture containing particulate material; a lower outlet (22) for discharging dried particulate material, whereby said particulate material travels under the influence of gravity from said inlet to said outlet; at least one substantially vertical gas permeable wall (20a, 20b) through which a drying gas can pass to contact said particulate material; said dryer also comprising at least one plenum (48, 50) on an exterior surface of said at least one gas permeable wall, covering ingress (38a) and egress openings within said at least one gas permeable wall. |
| Tech Acquisition date |
29th June 2009 |
| Ownership / Entitlement |
100% Owned - Environmental Clean Technologies Limited |
| Patent Details | Pub. No.: WO/2005/028977 International Application No.: PCT/AU2004/001319 |
| Important Dates |
Publication Date: 31.03.2005 International Filing Date: 24.09.2004 Priority Date: 25.09.2003** |
| Expiry Date | 24.09.2024 |
| Patent Attorneys |
ROBERTS, Mark, K. ; Davies Collison Cave 1 Nicholson Street Melbourne, Victoria 3000, AU |
| Jurisdiction | Australia, Hong Kong, China, India, Brazil, New Zealand, European Patent Office (validated in Bulgaria, Czech Republic, Germany, Greece, Hungary, Poland, Romania, Slovakia, Slovenia and Turkey), Canada, United States of America |
| Challenges | None |
3
| Name / Title | MATMOR - RETORT |
|---|---|
| Status | Granted |
| Process Requirements |
None |
| Description | A retort (10) including a thermally insulated casing (12) defining a furnace chamber (14) therein; one or more columns (15) provided within said chamber (14), each column (15) comprising a plurality of vertically orientated, vertically spaced, heat resistant tubes (16, 18, 20, 22), wherein the cross-sectional area of each tube is smaller than that of an adjacent, lower tube, and wherein the ends of adjacent tubes are arranged so as to provide an annular space (24, 26, 28) therebetween, an inlet (17) through which a combustible charge is fed into the uppermost tube (16), an outlet (30) from which reacted charge is removed from the lowermost tube (22); and a fluid conduit (36) for conveying combustible volatiles evolved by heating said charge to a gas burning means (31, 32) for combustion, to thereby provide heat to said retort (10). |
| Tech Acquisition date |
4th December 2014 |
| Ownership / Entitlement |
100% Owned - Environmental Clean Technologies Limited |
| Patent Details | Australian Application Number: 15051/01 Serial Number: 767268 Pub No.: WO/2001/038455 International Application No.: PCT/AU2000/001427 |
| Important Dates |
Publication Date: 31.05.2001 International Filing Date: 23.11.2000 Priority Date: 24.11.1999** |
| Expiry Date | 23.11.2020 |
| Patent Attorneys |
PHILLIPS ORMONDE & FITZPATRICK; 367 Collins Street Melbourne, VIC 3000, AU |
| Jurisdiction | Australia |
| Challenges | None |
4
| Name / Title | CATALYTIC DE-POLYMERISATION (CDP) - A METHOD FOR THE PRODUCTION OF DIESEL |
|---|---|
| Status | Patent Pending**** |
| Process Requirements |
To proceed with the CDP international patent application the company will need to enter the national phase. This involves selecting which countries/regions to proceed in, appointing a local patent attorney in each country or region, paying an official fee and lodging a translation document. Once all of this has taken place the application in each country or region will be subject to an examination process to determine whether a patent should be granted. |
| Description | A method for preparing feed material for a catalytic depolymerisation process, the method comprising the steps of: separating feedstock into two or more feedstock streams based on one or more properties of the feedstock, introducing each of the two or more feedstock streams into one or more process vessels, processing the feedstock streams in the presence of a catalyst in the process vessels under conditions of elevated temperature in order to produce two or more intermediate feedstock streams, and blending the two or more intermediate feedstock streams to form the feed material. |
| Tech Acquisition date |
1st July 2019 |
| Ownership / Entitlement |
100% Owned - Environmental Clean Technologies Limited |
| Patent Details | Pub. No.: WO/2018/000014 International Application No.: PCT/AU2017/000137 |
| Important Dates |
Publication Date: 04.01.2018 International Filing Date: 23.06.2017 Priority Date: 27.06.2016** AU (Priority Withdrawn 24.12.2018) |
| Expiry Date | 23.06.2037 |
| Patent Attorneys |
FB RICE PTY LTD; Level 23, 44 Market Street Sydney, NSW 2000, AU |
| Jurisdiction | National / International Phase Pending |
| Challenges | None |
5
| Name / Title | HYDROMOR - LOW TEMPERATURE DIRECT REDUCTION OF METAL OXIDES VIA THE IN SITU PRODUCTION OF REDUCING GAS |
|---|---|
| Status | Patent Pending**** |
| Process Requirements |
The Hydromor family of patent applications are awaiting examination in the countries/regions that have been selected to determine whether a patent should be granted in each case. |
| Description | A continuous process for low temperature reduction of metal oxides from carbonaceous material, using in situ produced reducing gas. In particular, a method of reducing metal oxide to metal in a continuous process comprising: a) continuously introducing composite bodies comprising low rank carbonaceous material and metal oxide containing material that are in intimate contact and in a dry mix ratio of from about 1:2 to about 1: 10 to an upper region of an upright retort; b) conveying said bodies from said upper region to a heated lower region of said retort wherein said composite bodies are exposed to increasing temperature of up to about 950°C and wherein said composite bodies are exposed to reducing gas generated in situ for a period of from about 15 minutes to about 3 hours to thereby produce a reduced metal containing product; and c) continuously removing the reduced metal containing product from a lower region of the retort. |
| Tech Acquisition date |
4th December 2014 |
| Ownership / Entitlement |
100% Owned - Environmental Clean Technologies Limited |
| Patent Details | Pub. No.: WO/2018/094453 International Application No.: PCT/AU2017/051281 |
| Important Dates |
Publication Date: 31.05.2018 International Filing Date: 22.11.2017 Priority Date: 23.11.2016** |
| Expiry Date | 22.11.2037 |
| Patent Attorneys |
ROBERTS, Mark, K. ; Davies Collison Cave 1 Nicholson Street Melbourne, Victoria 3000, AU |
| Jurisdiction | Australia, Canada, European Patent Office, Russian Federation, China, India, United States of America, Indonesia |
| Challenges | None |
*The publication date is the date on which a patent application is first published. It is the date on which the document is made available to the public, thereby making it part of the state of the art.
**The international filing date of an application filed with the European Patent Office (EPO) as receiving Office is the date on which the application is received at the EPO.
*** The Priority date refers to the earliest filing date in a family of patent applications. Where only a single patent application is involved, the priority date would obviously be the filing date of the sole application. If an applicant has filed a number of related patent applications, the priority date would be the filing date of the earliest patent filing that first disclosed the invention. Known as the priority application, the earliest patent filing may comprise a provisional patent application, a nonprovisional patent application or a foreign application.
****Patent pending is the term used to describe a patent application that has been filed with the patent office, but has not issued as a patent. Patent pending indicates that the inventor is pursuing protection, but the scope of protection, or whether a patent will even issue, is still undetermined. Marking an invention “patent pending” puts the public on notice that the underlying invention may be protected and that copyists should be cautious. Any applicant who has a non-expired provisional application or a pending non-provisional application can indicate that the related subject matter is “patent pending”.
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4. UPDATE TO THE MARKET PRICE OF THE EXISTING SHARES
By this Supplementary Prospectus, the current existing table in section 3.14 of the Prospectus is deleted and replaced with the following table:
| **3-month high ** | 3-month low | Last market saleprice | |
|---|---|---|---|
| Price | $0.005 | $0.001 | $0.001 |
| Date | 14 August 2019 | 14 November 2019 | 14 November 2019 |
5. UPDATE TO THE EFFECT OF THE OFFER ON THE COMPANY
5.1. Effect on control of the Company
By this Supplementary Prospectus, the last paragraph in section 5.6 of the Prospectus is deleted and replaced with the following:
None of the Lenders is an associate of another Lender, of another Shareholder or of the Company for the purpose of Chapter of the Corporations Act. The highest possible shareholding that each of the Lenders may acquire under the Offer and through the Pre-commitments is 15.9% and 11.2% respectively (in aggregate 27.1%).
5.2. Dilution effect
By this Supplementary Prospectus, the table in section 5.7 of the Prospectus is deleted and replaced with the following:
| Full subscription | Full subscription | ||||
|---|---|---|---|---|---|
| Holder | Holding on record date share number |
% | Entitlement | Holding if no entitlement is taken up |
% at the close of the offer |
| 1 | 2,000,000 | 0.042% | 3,101,836 | 2,000,000 | 0.02% |
| 2 | 20,000,000 | 0.417% | 31,018,362 | 20,000,000 | 0.16% |
| 3 | 200,000,000 | 4.166% | 310,183,618 | 200,000,000 | 1.63% |
| 4 | 2,000,000,000 | 41.662% | 3,101,836,176 | 2,000,000,000 | 16.33% |
| 50% subscription | 50% subscription | ||||
|---|---|---|---|---|---|
| Holder | Holding on record date share number |
% | Entitlement | Holding if no entitlement is taken up |
% at the close of the offer |
| 1 | 2,000,000 | 0.042% | 1,550,918 | 2,000,000 | 0.02% |
| 2 | 20,000,000 | 0.417% | 15,509,181 | 20,000,000 | 0.23% |
| 3 | 200,000,000 | 4.166% | 155,091,809 | 200,000,000 | 2.35% |
| 4 | 2,000,000,000 | 41.662% | 1,550,918,088 | 2,000,000,000 | 23.47% |
| Minimum subscription | Minimum subscription | ||||
|---|---|---|---|---|---|
| Holder | Holding on record date share number |
% | Entitlement | Holding if no entitlement is taken up |
% at the close of the offer |
| 1 | 2,000,000 | 0.042% | 1,147,284 | 2,000,000 | 0.03% |
| 2 | 20,000,000 | 0.417% | 11,472,838 | 20,000,000 | 0.26% |
| 3 | 200,000,000 | 4.166% | 114,728,383 | 200,000,000 | 2.65% |
| 4 | 2,000,000,000 | 41.662% | 1,147,283,828 | 2,000,000,000 | 26.48% |
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6. REPAYMENT OF APPLICATION MONIES RECEIVED UNDER OFFER
If you applied for Securities under the Prospectus ( Existing Applicant ), you may withdraw your application and be repaid your application monies, provided you give the Company written notice of your wish to do so within one month of the date of this Supplementary Prospectus. Any repayments made by the Company pursuant to an Existing Applicant exercising their right to withdraw their application will be made in full without interest. An Existing Applicant who wishes to withdraw their application and obtain a refund must submit a written request to the Company’s share registry by mail to the address set out below so that it is received within one month of the date of Supplementary Prospectus (i.e. by close of business on 14 December 2019 ):
Automic Registry Services GPO Box 5193 Sydney NSW 2001 AUSTRALIA
The details for the payment of the refund cheque and address to which it should be sent as set out in the written request must correspond to the details contained in the Application Form lodged by that Existing Applicant.
If you do not wish to withdraw your application, you do not need to take any action.
Money received by the Company from Existing Applicants as at the date of the Supplementary Prospectus will not be counted towards satisfaction of the minimum subscription condition. Under the Offer the Minimum Subscription is $2.75 million.
7. APPLICATION FORM
From the date of the Supplementary Prospectus, persons who wish to apply for Shares under the Prospectus should use the Supplementary Application Form which is attached to this Supplementary Prospectus. Applicants should NOT use the Application Form which is attached to the original Prospectus.
8. CONSENTS
The Company confirms that as at the date of the Supplementary Prospectus, each of the parties that have been named as having consented to being named in the Prospectus have not withdrawn that consent.
DIRECTORS’ AUTHORISATION
This Supplementary Prospectus is issued by the Company and its issue has been authorised by a resolution of the Directors.
In accordance with Section 720 of the Corporations Act, each Director has consented to the lodgement of this Supplementary Prospectus with the ASIC.
Dated 14 November 2019
Glenn Fozard Chairman
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All Registry Communication to:
Environmental Clean Technologies Limited ACN 009 120 405 ASX Code: ECT
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GPO Box 5193 Sydney NSW 2001 1300 288 664 (within Australia) +61 2 9698 5414 (international)
[email protected] www.automic.com.au
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ENTITLEMENT AND ACCEPTANCE FORM
SRN/HIN : [HolderNumber]
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OFFER CLOSES 5:00PM (AEDT) ON 19 NOVEMBER 2019 (UNLESS IT IS LAWFULLY EXTENDED)
Shares held as at the Record Date, Entitlement to 1.55 New Shares for every 1 Amount payable on full acceptance at 7:00pm (AEDT) on 1 November 2019 Existing Share held at Record Date A$0.001 per New Share [CumBalance] [Entitlement] [EntPayable]
IMPORTANT : As an Eligible Shareholder you are entitled to acquire the above Shares for the amount payable, together with free attaching Option for every 3 New Shares issued. The Options are exercisable at 0.3 cents per Share at any time until 3 years after issue. This is an Entitlement and Acceptance Form for New Shares in Environmental Clean Technologies Limited (ACN 009 120 405)(Company), made under the terms set out in the Replacement Prospectus dated 4 November 2019 updated by the Supplementary Prospectus dated 14 November 2019. Unless otherwise defined all capitalised terms in this Entitlement and Acceptance Form have the meaning given to it in the Prospectus.
The Prospectus contains important information relevant to your decision to invest and you should read the entire Prospectus before applying for New Shares. If
you are in doubt as to how to deal with this Entitlement and Acceptance Form, please contact your accountant, lawyer, stockbroker or other professional adviser. To meet the requirements of the Corporations Act, this Entitlement and Acceptance Form must not be distributed unless included in, or accompanied by, the Prospectus.
Insert the number of Shares applied for and Payment Amount (multiply the number in section 1 by A$0.001 1 accepted (being not more than your Entitlement shown 2 (If the dollar amount below divided by the issue price is a fraction of above) a Share, the Shares allotted will be rounded down) A$ , , , , .
As an Eligible Shareholder, you are invited to apply for shortfall Shares under the Shortfall Offer, providing you have taken up your full Entitlement. Should you wish to apply for shortfall Shares please complete the following sections. The Directors reserve the right to allot and issue shortfall new Shares under the Shortfall Offer at their discretion.
Insert the number of shortfall Shares applied for Payment Amount (multiply the number in section 3 by A$0.001 3 4 (If the dollar amount below divided by the issue price is a fraction of a Share, the Shares allotted will be rounded down) A$ , , , , .
5: MAKE YOUR PAYMENT
Payment by BPAY
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Biller Code: 235762
Ref No: [BPayCRN]
Contact your financial institution to make your payment from your cheque or savings account.
Payment by Cheque
Cheques must be drawn on an Australian branch of a financial institution in Australian currency, made payable to “Environmental Clean Technologies Limited” and crossed “Not Negotiable” . Return your cheque and this application form to: Heron Reosurces Limited, C/- Automic Registry Services, GPO Box 5193 Sydney NSW 2001 by the Closing Date.
| _Cheque Number _ | _Cheque Number _ | _Cheque Number _ | _Cheque Number _ | _Cheque Number _ | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| _BSB _ | _Account Number _ | |||||||||||||||||||||||||||
| - | ||||||||||||||||||||||||||||
| 6: PROVIDE | YOUR CONTACT DETAILS | |||||||||||||||||||||||||||
| Telephone Number ( ) Email Address |
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| Contact Name (PLEASE PRINT) | ||||||||||||||||||||||||||||
INSTRUCTIONS FOR COMPLETION OF THIS FORM
The Offer to which this Entitlement and Acceptance Form relates is being made to Shareholders on the Record Date with a registered address in Australia or New Zealand.
ACCEPTANCE OF OFFER
By submitting this Entitlement and Acceptance Form:
-
I/we declare that I/we have received a copy of the Prospectus, and any relevant supplementary prospectus;
-
I/we declare that this application is complete and lodged according to the Prospectus, and any relevant supplementary prospectus;
-
I/we declare that all details and statements made by me/us are complete and accurate;
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I/we agree that this application is subject to the terms of the Prospectus and the Constitution of the Company;
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I/we agree to be, and provide authorisation to be, registered as the holder of New Shares acquired by us;
-
I/we agree to be bound by the Constitution of the Company when shares in the Company are allotted and issued to us; and
-
I/we agree to take any lesser number of New Shares than stated in this application that may be issued to me/us pursuant to the Prospectus.
The Company does not accept responsibility if you lodge this Application Form at any other address or by any other means.
SELLING YOUR ENTITLEMENTS
The Entitlements under the Offer are renounceable which means that all or part of an Eligible Shareholder’s rights to subscribe for Shares under the Offer may be traded on ASX. If you wish to sell all of your Entitlement on ASX, provide instructions to your stockbroker regarding the Entitlement you wish to sell on ASX. Trading of Entitlements will commence on ASX on 31 October 2019 and will cease on 12 October 2019.
There is no guarantee that an Eligible Shareholder will be able to sell all or any part of their Entitlement on ASX or that any particular price will be paid for the Entitlements sold on ASX.
HOW TO APPLY FOR SHARES
1 Acceptance of Shares Enter into section 1 the number of Shares you wish to apply for. The number of Shares must be equal to or less than your Entitlement, which is set out overleaf.
2 Payment Amount
Enter into section 2 the total amount payable for the number of Shares for which you are applying. If the dollar amount divided by the issue price is a fraction of a Share, the Shares allotted will be rounded down.
3 Application for additional Shares under the Shortfall Offer
You can only apply for additional Shares if you have applied for your full entitlement in section 1. The Directors reserve the right to allot and issue Shortfall Shares under the Shortfall Offer at their discretion. For further information please refer to section 3.6 of the Prospectus.
4 Payment Amount
Enter into section 4 the total amount payable for the number of additional Shares for which you are applying. If the dollar amount divided by the issue price is a fraction of a Share, the Shares allotted will be rounded down.
5 Payment Options
Payment by BPAY: You can only make a payment via BPAY® if you are the holder of an account with an Australian financial institution that supports BPAY® transactions. To BPAY® this payment via internet or telephone banking use your reference number quoted on the front of this form. Multiple acceptances must be paid separately. Applicants should be aware of their financial institution’s cut-off time (the payment must be made to be processed overnight).
It is the Applicant’s responsibility to ensure funds are submitted correctly by the closing date and time.
You do not need to return this form if you have made payment via BPAY®. Your BPAY® reference number will process your payment electronically and you will be deemed to have applied for such shares for which you have paid.
Payment by Cheque: Cheques must be drawn on an Australian branch of a financial institution in Australian currency, made payable to “Environmental Clean Technologies Limited” and crossed “Not Negotiable”. Please ensure sufficient funds are held in your account. If you provide a cheque for an incorrect amount the Company may treat you as applying for as many New Shares as your cheque will pay for.
Return your cheque and this application form to Automic Group by 5:00pm (AEDT) on 19 November 2019
BY MAIL
Environmental Clean Technologies Limited C/- Automic Registry Services GPO Box 5193 Sydney NSW 2001
BY HAND DELIVERY (Between Sydney office hours 9:00am – 5:00pm AEDT)
Environmental Clean Technologies Limited C/- Automic Registry Services Level 5, 126 Phillip Street Sydney NSW 2000
6 Contact Details Please enter a contact number we may reach you on between the hours of 9:00am AEDT and 5:00pm AEDT. We may use this email* or number to contact you regarding your acceptance of the Shares, if necessary.
If you require further information about the Offer, please contact Automic on 1300 288 664
between 9:00am AEDT and 5:00pm AEDT.