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ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. Share Issue/Capital Change 2021

Apr 28, 2021

64819_rns_2021-04-28_1cdc1665-9a89-4cf3-9d94-8f31b5a7fba4.pdf

Share Issue/Capital Change

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CLEANSING NOTICE – SECTION 708A(5)(e) CORPORATIONS ACT 2001

29 April 2021: 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 15 April 2021, the Company issued 1,500,000,000 fully paid ordinary shares (New Shares) at an issue price of $0.001 cents per New Share. These New Shares were issued to sophisticated and professional investors under the placement announced to the market on 7 April 2021 (Placement).

The New Shares will rank equally with all other shares on issue.

The Company advises that:

  • a) the New Shares issued pursuant to the Placement were issued without disclosure under Part 6D.2 of the Act;

  • b) this notice is given under section 708A(5)(e) of the Act;

  • c) as at the date of this notice, the Company has complied with:

    • I. the provisions of Chapter 2M of the Act as they apply to the Company; and

    • II. section 674 of the Act;

  • d) as at the date of this notice, there is no information that is “excluded information” within the meanings of sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice under section 708A(6)(e) of the Act.

This announcement was approved for release by the Board of the Company.

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

Coldry is the gateway enabler of higher-value applications for low rank coals.

Low rank coals are a rich source of valuable hydrocarbons but suffer from high moisture content that must be reduced to enable higher-value upgrading and conversion to solid fuels, liquid or gaseous hydrocarbons.

Drying is easy. However, drying efficiently and cost effectively has been the challenge. Coldry meets this challenge through a combination of ‘brown coal densification’ and waste heat utilisation, delivering the world’s first low temperature, low pressure, low cost, zero CO2 emissions drying process.

About HydroMOR

The HydroMOR process has the potential to revolutionise primary iron making.

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)

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 intended to form the basis for a 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) ECTFinance ECT India Aust.Projects R&D HVTF BusinessDevelop. Sales

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