SUNRISE ENERGY METALS LIMITED — Capital/Financing Update 2017

Nov 23, 2017

Australian Securities Exchange & Media Announcement Clean TeQ Holdings Limited (CLQ:ASX; CTEQF:OTCQX)

24 November 2017

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Autoclaves for Clean TeQ Sunrise arrive in Australia

Mr Sam Riggall, Chief Executive Officer of Clean TeQ Holdings Limited ( Clean TeQ or the Company ) (CLQ:ASX; CTEQF:OTCQX), today announced that the two new autoclaves purchased for the Clean TeQ Sunrise Project, located in New South Wales, Australia, (the Project ) have arrived at Port Pirie, South Australia.

The autoclaves are pressure vessels manufactured with steel shells and explosively bonded titanium lining, and represent the critical component of the high-pressure acid leach ( HPAL ) circuit for the Project. Each vessel weighs approximately 600 tonnes and measures 30 meters long and 6 meters in diameter.

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Image 1: Autoclaves onboard BBC Emerald

The unused autoclaves were purchased from Vale International S.A. (a subsidiary of the Brazilian multinational metals and mining group, Vale SA) and arrived onboard the BBC Emerald from New Caledonia. They have been successfully unloaded to a designated area at Port Pirie, where they will be stored before being transported by road to the Clean TeQ Sunrise Project in time for installation on site.

They were designed and fabricated by Coek Engineering N.V ( Coek ), Belgium, and are designed to withstand the operating conditions required for effective leaching of nickel, cobalt and scandium from Sunrise ore.

Clean TeQ’s strategy is to fast-track development of the Project to capture the increasing global demand for high quality cobalt sulphate and nickel sulphate for the global lithium ion battery market. The acquisition of these critical long-lead time items at this early stage of Project development will significantly de-risk and compress the project delivery schedule.

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Image 2: Unloading of autoclaves at Port Pirie

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Image 3: Autoclave at Port Pirie

For more information about Clean TeQ please contact:

Sam Riggall, Chief Executive Officer Richard Glass, Investor Relations Manager Evan Young, Investor Relations (Toronto, Canada)

+61 3 9797 6700 +61 3 9797 6781 +1 647 808 2141

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About Clean TeQ Holdings Limited (ASX: CLQ) – Based in Melbourne, Australia, Clean TeQ is a leader in metals recovery and industrial water treatment through the use of its proprietary Clean-iX® continuous ion exchange technology.

For more information about Clean TeQ please visit the Company’s website www.cleanteq.com.

About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales, Australia. The Clean TeQ Sunrise Project is one of the largest cobalt and nickel deposits outside of Africa, and one of the largest and highest-grade accumulations of scandium ever discovered.

About Clean TeQ Water – Through its wholly owned subsidiary Clean TeQ Water, Clean TeQ is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal, zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water.

For more information about Clean TeQ Water please visit www.cleanteqwater.com

This release may contain forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.

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