ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2020

Feb 9, 2020

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Shareholder Update

Entitlement Offer Closed

10 February 2020: Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) is pleased to advise that its Non-renounceable Entitlement Offer closed today at 5pm (AEDT).

The Entitlement Offer was undertaken by way of a Non-renounceable pro-rata entitlement offer on the basis of one (1) new share for every one (1) share held by eligible shareholders as at the record date (12 December 2019), together with two (2) free attaching options for every five (5) new shares issued. Options exercisable at 0.3 cents per Share at any time until 3 years after issue.

The Company previously advised (7 February 2020) that minimum subscription of $1.41 million has been reached.

The ASX has advised that official quotation on a “deferred Settlement” basis will be granted to the undermentioned securities as from the commencement of trading on 11 February 2020:

ASX Code	Purpose	Number issued
	Up to 4,800,516,393 ordinary shares issued at $0.001 per share
ECTNC	fully paid pursuant to the Company’s one (1) for one (1) non-	4,800,516,393
	renounceable issue
	Up to 1,920,206,557 options expiring 17 February 2023exercisable
ECTOE	at $0.003 issued free pursuant to the Company’s one (1) for (1)	1,920,206,557
	non-renounceable issue

Full details will be released this Thursday 13 February 2020, following reconciliation of subscription monies and applications.

Shares and options under the offer are due to be issued on Monday 17 February 2020.

For further information, contact:

Glenn Fozard – Chairman info@ectltd.com.au

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.

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 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.

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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