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ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2024
Apr 4, 2024
64819_rns_2024-04-04_d4f3f6d4-35bc-4f71-a60c-5158bf7fce92.pdf
Capital/Financing Update
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05 April 2024
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ASX Announcement
CLEANSING NOTICE – SECTION 708A(5)(e) CORPORATIONS ACT 2001
Environmental Clean Technologies Limited (ASX:ECT) ( Company or ECT ) gives this notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ).
On 05 April 2024, the Company issued 300,000,000 fully paid ordinary shares (New Shares) at an issue price of $0.005 per share pursuant to a placement to sophisicated and professional investors announced to the market on 27 March 2024 and 7,500,000 fully paid ordinary shares (New Shares) at an issue price of $0.005 per share to consultants and cost associated to a portion of the capital raising as announced on 27 March 2024. The New Shares will rank equally with all other shares on issue. The New Shares will rank equally with all other shares on issue.
The Company advises that:
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(a) the New Shares issued pursuant to the Placement were issued without disclosure under Part 6D.2 of the Act;
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(b) this notice is given under section 708A(5)(e) of the Act;
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(c) as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 and 674A of the Act; and
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(d) As at the date of this notice there is no information:
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i. that has been excluded from a continuous disclosure notice in accordance with the Listing Rules; and
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ii. that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:
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The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
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The rights and liabilities attaching to the Securities.
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This announcement was approved for release by the Board of the Company.
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For further information, please contact:
INVESTORS
Sam Rizzo Managing Director [email protected] / +613 9849 6203
MEDIA Adam Giles Marketing & Communications Manager [email protected] / +613 9849 6203
Environmental Clean Technologies Limited ASX: ECT ABN 28 009 120 405
Suite 37/209 Toorak Road South Yarra VIC 3141 Australia
www.ectltd.com.au T: +613 9849 6203 E: [email protected]
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