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GREEN360 TECHNOLOGIES LIMITED — Capital/Financing Update 2018
Apr 5, 2018
65020_rns_2018-04-05_0e44390d-ce08-4947-ab84-cfb9f5d84606.pdf
Capital/Financing Update
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ASX Release
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6 April 2018
ULTRACHARGE LIMITED ACN 140 316 463
Level 6
105 St Georges Terrace, Perth Western Australia 6000 Tel: +61 8 6558 0886 Fax: +61 8 6316 3337 Web: www.ultra-charge.net
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Corporate and Investors
Armada Capital & Equities Michael Shaw-Taylor M: +61 477 383 390 D: +61 2 9276 1203 [email protected]
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Directors
Mr Kobi Ben-Shabat Mr David Wheeler Mr Doron Nevo Mr Yuri Nehushtan Mr John Paitaridis
ASX Code : UTR
Shares : 576,933,417
Escrow Shares: 173,668,217
Options (various) : 124,000,000
Performance Rights: 27,375,000
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Expiry of Unlisted Options
UltraCharge Limited ( ASX: UTR, UltraCharge or the Company ) hereby advises that the following options expired on 5 April 2018:
Expiry Date Exercise Price Options 05/04/2018 $0.05 8,000,000
The total number of options remaining on issue is as follows:
| Expiry Date | Exercise Price | Options |
|---|---|---|
| 05/04/2019 | $0.059 | 4,000,000 |
| 02/12/2019 | $0.0625 | 50,000,000 |
| 02/12/2019 | $0.05 | 20,000,000 |
| 30/06/2020 | $0.05 | 50,000,000 |
| Total | 124,000,000 |
Peter Webse Company Secretary
About UltraCharge Limited ( www.ultra-charge.net)
UltraCharge is an Israel-based company that is a global leader in identifying, acquiring and developing battery technologies that offer superior qualities and new solutions for the lithium ion and flow battery markets. The Company has a growing Intellectual Property portfolio of battery technologies, particularly focused on developing the following technology solutions for the market:
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Anode for Lithium Ion Batteries: The Company has exclusive rights to patented anode technology from the Nanyang Technology in Singapore. The technology will replace graphite in anodes (negative pole) with nanotube fibers made from titanium dioxide. This has the potential to revolutionise the market for lithium batteries by producing a battery that is safe, has a longer lifetime and is fast charging.
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Cathode for Lithium Ion Batteries: The Company has agreed to acquire rights to new cathode intellectual property from ETV Energy in Israel. The technology contains a high voltage LiMnNiO cathode that is half the cost of commercial cathodes and can offer a battery solution that has advantages in terms of the voltage, energy capacity and power capacity.
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Electrolyte for Lithium Ion Batteries: The Company has acquired a low cost, high performing electrolyte solution from Coorstek Specialty Chemicals, a US based company. The intellectual property is around producing a more superior electrolyte salt – LiFSI which can increase battery lifespan and performance at high and low temperatures.
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Ion Flow Battery – The Company has an exclusive licence agreement with Epsilor in Israel which provides access to new ion flow battery technology. The technology is the only commercially viable energy storage solution of its type, which has a low installation cost and lower operating costs than other comparable solutions on the market.
UltraCharge has established a pilot facility and is developing the above platform technologies and customising solutions to meet end user requirements, and subsequently meet global market demand.