ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2020

Jan 23, 2020

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Non-renounceable Entitlement Offer Extension of closing date

24 January 2020: Environmental Clean Technologies Limited (ASX: ECT) (ECT or Company) advises that it has resolved to extend the Closing Date for the current non-renounceable entitlement offer.

As announced via the ASX on 6 December 2019, the Company is making a one-for-one pro rata nonrenounceable entitlement offer (Offer) of up to 4,800,516,393 new fully paid ordinary shares (new shares) at an issue price of 0.10 cents to raise up to $4.8 million before costs.

Following recent feedback from a range of shareholders regarding confusion over the application process, and further to the Company’s announcement of 24 January 2020 that sought to clarify the application process, the Closing Date has been extended by a further 11 days to Monday 10 February 2020. The revised indicative timetable is as follows:

Item	Time
ECT announces the Entitlement Offer and gives a completed Appendix 3B to ASX.	Monday 9 December 2019
Ex-date – Shares trade ex-Entitlement (Ex-Date)	Wednesday 11 December 2019
Record date to identify Eligible Shareholders	Thursday 12 December 2019
Dispatch the Prospectus and personalised entitlement and acceptance forms. Announcement of dispatch Offer OpeningDate	Tuesday 17 December 2019
Last day to extend the Offer Closing Date.	Tuesday 4 February 2020
Offer closes at 5 pm	Monday 10 February 2020
If agreed by ASX, securities quoted on a deferred settlement basis from market open	Tuesday 11 February 2020
Announcement of results of issue	Thursday 13 February 2020
Last day to issue the Shares and Options taken up in the Offer. The Company to lodge an Appendix 2A with ASX applying for quotation of the Shares and Options	Monday 17 February 2020

The above dates are indicative only and subject to change. The Company reserves the right, subject to the Corporations Act and Listing Rules, to change any date including further extending the Closing Date of the Offer or withdrawing the Offer without notice. Any extension of the Closing Date will have a consequential effect on the issue date of the New Shares.

Eligible shareholder will need to ensure their application monies for their entitlement and any shortfall shares are received by Automic Registry Services Pty Ltd by no later than 5pm (AEDT) on 10 February 2020.

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)

The Prospectus for the Offer has been sent to Eligible Shareholders and is also available on both the ASX and Company websites. Shareholders wishing to participate in the offer should read the Prospectus and will need to either:

• Complete the personalised application form and send it along with payment to Automic Registry Services, or;

• Make electronic payment using the BPay details in the personalised application form.

If making payment via BPay shareholders DO NOT need to send the application form.

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.

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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